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Absolute NNN Beef a Roo | 1315 S Shackleford Rd

1315 S Shackleford Rd, Little Rock, AR 72211
Available Now
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FOR SALERetail / Restaurant
Cap Rate
7.75%
NOI
$249,384
Building Size
3,544SF
Lot Size
0.67Ac
Year Built
2004
Year Renovated
2023
Listing Contacts
Managing Principal

More property details

Occupancy
100%
Tenancy
Single Tenant
Currently Leased
No
Investment
Net Lease
No of Buildings
1
No of Stories
1
Ownership
Fee Simple

Location

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Absolute NNN Beef a Roo | 1315 S Shackleford Rd
About the location

This offering presents an excellent single-tenant investment opportunity with 17 years remaining on the primary term of an original 20-year lease, structured as an absolute NNN with zero landlord responsibilities. The lease features 2.00% annual rent increases, generating an average return of approximately 9.12% over the primary term, and is backed by a corporate guaranty from a private equity-owned and operated company that is on track to expand to more than 50 units by 2026. The property underwent a complete interior and exterior renovation in 2023, enhancing its long-term appeal and performance. Ideally situated in Little Rock, Arkansas, the asset benefits from a dense infill location with a population exceeding 312,000 within a 10-mile radius and strong visibility along Shackleford Road, which sees over 27,000 vehicles daily. The site is further supported by a built-in customer base from several nearby hotels totaling approximately 400 rooms within walking distance, as well as its immediate proximity to Arkansas Heart Hospital, a 112-bed facility operating 24/7. Located just one block from Interstate 430 with traffic counts exceeding 82,000 vehicles per day, the property is positioned within a dominant retail corridor surrounded by major national retailers. Strong local consumer spending fundamentals further support the investment, with food and alcohol representing the top expenditure category within a three-mile radius, accounting for 27.7% of all spending.

Absolute NNN Beef a Roo | 1315 S Shackleford Rd
3,544 SF · retail · United States · AR