Burger King | Hard Corner Signalized Intersection

  • $1,692,032
100, South Rodney Parham Road, Kanis Village, Sheraton Park, Little Rock, Pulaski County, Arkansas, 72205, United States of America

Burger King | Hard Corner Signalized Intersection

100, South Rodney Parham Road, Kanis Village, Sheraton Park, Little Rock, Pulaski County, Arkansas, 72205, United States of America
  • $1,692,032

Overview

Property ID: 18630
  • Property Type
  • Shopping Centers
  • N/A
  • Year Built

Description

Located at 100 South Rodney Road, Little Rock, Arkansas, this Burger King property is positioned at the hard signalized intersection of W Markham Street and Rodney Parham Road. The subject property sees a traffic count of more than 42,000 vehicles per day. Allied Foods, the tenant on this property, has recorded strong sales, which is above the average sale of Burger King at this restaurant. This Burger King restaurant serves as an extension food point to a Kroger Supermarket situated less than a mile from the John Bartow Road exit off of Interstate 630, which experiences a traffic count of over 102,000 vehicles per day.

 

The capital city of Arkansas, Little Rock, is also the most populous in the state. The city is the intersection of two major interstate highways – Interstate 30 and Interstate 40. The Little Rock Port is the major shipping hub. Not only within the state of Arkansas but also in the entire South region, Little Rock stands out as a booming cultural, economic, government and transportation center. The sale of Burger King can be estimated from the fact that over 11 million guests visit its restaurants throughout the world every day. The company was founded in 1954 and is still the second-largest fast-food hamburger chain in the world. Called as the HOME OF THE WHOPPER, Burger Kind is known for its premium ingredients, signature recipes, and family-friendly dining experiences, and is what has defined the brand for over 50 years.

This investment property is suitable for a 1031 exchange.

Property Details – 

  • Property Type – Shopping Center
  • Property Status – Available
  • Location – 100, South Rodney Parham Road, Kanis Village, Sheraton Park, Little Rock, Pulaski County, Arkansas, 72205, USA
  • Year of Construction – N/A
  • Lease Type – Absolute Net Lease
  • Lease Expiration – N/A

Details

Updated on April 21, 2020 at 4:42 am
  • Price: $1,692,032
  • Year Built: N/A
  • Property Type: Shopping Centers
  • Property Status: Available
  • Cap Rate: 6.25%
  • Lease Expiration: N/A
  • NOI: $105,752.48
  • Tenant: Rodney Parham Rd
  • Address 100, South Rodney Parham Road, Kanis Village, Sheraton Park, Little Rock, Pulaski County, Arkansas, 72205, United States of America
  • City Little Rock
  • State/county Pulaski County
  • Zip/Postal Code 72205

Contact Information

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Ronnie Issenberg
  • Ronnie Issenberg

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