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Restaurant

Tacos 4 Life (Little Rock MSA) | Outparcel to #1 Kroger in Arkansas

7821 Alcoa Rd, Benton, AR 72019

Listing Price: $2,734,285

Cap Rate
7.00%
Tenant Name
Tacos 4 Life
Years Remaining On Lease
5.3
Guarantor
Corporate Guarantee
Rentable SF
3,876
Lease Type
Absolute Net
Rent Per Square Feet
$49.38

Investment Overview

Marcus & Millichap is pleased to exclusively offer the opportunity to acquire a 3,876-square-foot building on a 0.88-acre lot leased to Tacos 4 Life in Benton, Arkansas. The absolute net lease with zero landlord responsibilities has approximately 5.5 years remaining with four 5-year renewal options.

The Little Rock Metroplex is the largest in Arkansas and is expected to swell by nearly 23,000 people in the next five years.

Investment Highlights

  • Corporate Absolute Net Lease | Zero Landlord Responsibilities
  • Anchored by Kroger Marketplace (NYSE: KR) and Academy Sports + Outdoors (NASDAQ: ASO). The Kroger Marketplace is the #1 Visited Kroger in Arkansas and Top 6% Nationwide (Placer.ai)
  • 49,687 VPD from Interstate 30 with Frontage on Alcoa Rd with over 21,622 VPD
  • Four 5-Year Renewal Options with 10% Rent Increases
  • Three-Mile Population of 37,389 and Household Income of $84,142

Exclusively Listed By

Broker of Record

  • Steve Greer

    First Vice President Investments

    (225) 376-6729

    License(s) AR: PB00098133

    Arkansas

Financing By

Restaurant

Tacos 4 Life (Little Rock MSA) | Outparcel to #1 Kroger in Arkansas

Listing Price: $2,734,285

Cap Rate
7.00%
Tenant Name
Tacos 4 Life
Years Remaining On Lease
5.3
Guarantor
Corporate Guarantee
Rentable SF
3,876
Lease Type
Absolute Net
Rent Per Square Feet
$49.38

Investment Highlights

  • Corporate Absolute Net Lease | Zero Landlord Responsibilities
  • Anchored by Kroger Marketplace (NYSE: KR) and Academy Sports + Outdoors (NASDAQ: ASO). The Kroger Marketplace is the #1 Visited Kroger in Arkansas and Top 6% Nationwide (Placer.ai)
  • 49,687 VPD from Interstate 30 with Frontage on Alcoa Rd with over 21,622 VPD
  • Four 5-Year Renewal Options with 10% Rent Increases
  • Three-Mile Population of 37,389 and Household Income of $84,142

Investment Overview

Marcus & Millichap is pleased to exclusively offer the opportunity to acquire a 3,876-square-foot building on a 0.88-acre lot leased to Tacos 4 Life in Benton, Arkansas. The absolute net lease with zero landlord responsibilities has approximately 5.5 years remaining with four 5-year renewal options. The Little Rock Metroplex is the largest in Arkansas and is expected to swell by nearly 23,000 people in the next five years.

Exclusively Listed By

Broker of Record

  • Steve Greer

    First Vice President Investments

    (225) 376-6729

    License(s): AR: PB00098133

    Arkansas

Financing By

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