STARBUCKS DRIVE-THRU, Litte Rock, AR



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  • Starbucks Little Rock

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Price: $1,292,307 Address: 9401 Rodney Parkham City: Little Rock Zip: 72227 Year Built: 2006 State: None Country: USA

Full Description:

STARBUCKS DRIVE-THRU

10-Yr Lease Extension | 10% Increases Every 5 Yrs

 

Investment Highlights

•             Starbucks w/ Drive-Thru Location - Strong Commitment to the Location - 10-Year Corporate Guaranteed Lease Extension Featuring 10% Rental Increases Every 5 Years Throughout the Initial Term and Options - Starbucks (NYSE: SBUX), with an Investment Grade Credit Rating of "A-" by Standard and Poor's, has a Net Worth of $5.8 Billion and Annual Revenue Exceeding $19.2 Billion

•             Features Easy Access and Excellent Visibility Along N Rodney Parham Rd to Daily Traffic Counts in Excess of 29,864+ Vehicles with Direct Access to the I-430 (90,676+ VPD) and the I-630 (109,800+ VPD+) - Excellent Signage Enhances this Exposure

•             Excellent Centralized Location - 6 Miles Northwest from Downtown Little Rock - Surrounded by Numerous National Major Retailers Including Natural Grocers, Walgreens, TJ Maxx, Sonic, Subway, Kroger, Taco Bell, Burlington Coat Factory, Regal Cinemas, McDonald's, Kmart, Target, Party City, and Many More

•             Less than 2 Miles West from Park Plaza Mall, a 562,400+ SF Enclosed Regional Mall Anchored by Dillard's, Forever 21, and Abercrombie & Fitch - the Mall Features Over 78+ Specialty Shops Including Express, Vans, Hollister Co., Sunglass Hut, GNC, and Many More

•             Site is Surrounded by Dense Residential Neighborhoods and Near Numerous Amenities and Attractions Including Butler Park, Little Rock Reservoir Park, Kanis Park, Golf Courses, Numerous Apartment Complexes, Hotels, War Memorial Stadium, Little Rock Zoo, Baptist Health Medical Center, and More

•             Numerous Schools within a 5-Mile Radius Including Mcdermott Elementary School, Little Rock Central High School, Hall High School, University of Arkansas at Little Rock, and Many More

•             Features Strong Demographics within a Dense Urban In-Fill Location - Over 134,281 People Reside within a 5-Mile Radius Featuring an Average Household Income in Excess of $76,531

 

9401 Rodney Parham

Little Rock, AR 72227

Price:    $1,292,307

Cap Rate:            6.50%

NOI:      $84,000

 

Building Size:     1,750 sq. ft.

Lot Size:               0.46 acres

Year Built:           2006

Go to street view!
Courtesy of: WOLFGANG SCHWARZ - Information available through the Multiple Listing Service (MLS) believed accurate is not warranted.

Miscellaneous

Status: Active Lot Size: 0.46 Square Feet: 1,750Waterfront: no

Agent Info

Listings within 50 Mile(s) of STARBUCKS DRIVE-THRU, Litte Rock, AR

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This listing was created on 2017-05-28 and has been viewed 758 times

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