2630 Shackleford RdLittle Rock, AR 72205

Property Details for 2630 Shackleford Rd

Year built

2017

Lot size

1.00 AC

Property size (Sq ft)

3,813 SF

Property type

Retail properties

Property subtype

Drive through restaurants

APN

44L-078-18-007-01

APU

44L0781800701

Description

This exceptional investment opportunity presents a 3,850-square-foot fast-food building situated on a one-acre outparcel of the Shackleford Shopping Mall in Little Rock, Arkansas. The property boasts a strong 7.00% cap rate and a Net Operating Income (NOI) of $200,415. Currently leased to a tenant pool including nationally recognized brands, the absolute NNN lease features zero landlord responsibilities and a corporate guarantee. The lease commenced November 1, 2017, and expires November 1, 2029, with four five-year renewal options, each including a 10% rent increase. The property benefits from its location within a high-traffic area, experiencing over 18,000 vehicles per day on Shackleford Road and over 90,000 vehicles per day on I-430. The surrounding area demonstrates robust demographics, with a population of 60,853 within three miles and 144,785 within five miles. This prime location is further enhanced by its proximity to other national credit tenants such as Texas Roadhouse, Longhorn Steakhouse, Cracker Barrel, Chuck E. Cheese, and BJ's Restaurant and Brewhouse, contributing to a thriving retail environment. The Shackleford Shopping Mall itself receives 4.5 million annual visits, and a nearby Walmart sees 2.3 million annual visits, ensuring consistent high foot traffic. This fee-simple property offers a secure, passive income stream with significant long-term growth potential. The asking price is $2,863,071.

• CAP approach

  CAP return

  Valuation

  6%

  $890,942

  6.5%

  $822,408

  7%

  $763,665

• Comparable approach

  Method

  Valuation

  Relative Method

  $687,315

  Geo Method

  $687,315

• Alternative Use

  Use

  Valuation

  Residential

  $693,732

  Hospitality

  $635,455

  Educational

  $528,691

  Medical

  $546,873

  Retail

  $822,408

Location Insight

City

Little Rock

County

Pulaski

State

Arkansas

Latitude

34.73

Longitude

-92.3956

CBSA code

30780

CBSA name

LITTLE ROCK-NORTH LITTLE ROCK, AR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].