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113 W Pershing Blvd
113 Pershing Blvd, North Little Rock, AR 72114
Available Now
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FOR SALERetail / Fast Food
Cap Rate
6%
NOI
$78,811
Building Size
2,232SF
Lot Size
1.05AC
Year Built
2023
Tenancy
Single Tenant
Listing Contacts
More property details
APN
33N-209-03-001-00
Currently Leased
No
Investment
Owner User
Sale Type
Investment Sale
Building FAR
0.05
Property Class
C
No of Stories
1
Features & amenities
Location Amenities
Airport
Commuter Rail
Metro/Subway
Location
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113 W Pershing Blvd
About the location
Paine Restaurant Group at Marcus & Millichap is pleased to offer the opportunity to acquire a property ground leased to Taco Bueno on a 1.05-acre parcel in North Little Rock, Arkansas. The site is strategically positioned just off Interstate 40, which sees more than 90,000 vehicles daily.The property has been under a ground lease to a quick-service restaurant since 2017 and includes a 2,141-square-foot building that is currently vacant. The lease has 12 years remaining, featuring annual rent escalations of 1.5 percent.
Location highlights
- Lease: 12 years remaining on ground lease
- Building Size: 2,141 SF, built in 2017
- Lot Size: 1.05 acres
- Population: 55,566 within a 3-mile radius