Restaurant
Dark / Vacant Taco Bueno Ground Lease
113 Pershing Blvd, North Little Rock, AR 72114
Listing Price: $1,480,000
Investment Overview
Marcus & Millichap is pleased to present the opportunity to acquire a property ground leased to Taco Bueno on a 1.05-acre lot in North Little Rock, Arkansas. The property is located just off Interstate 40 with over 90,000 vehicles per day.
The property has been ground leased to a quick service restaurant since 2017, with a 2,141-square-foot building that is currently not operating. There are 12 years remaining on the ground lease with annual 1.5 percent rent increases.
Exclusively Listed By
Broker of Record
Listing Price: $1,480,000
Investment Highlights
- 12 Years Remaining on Ground Lease
- Annual Rent Increases of 1.5%
- 2,141 SF Building Built in 2017 on 1.05 Acre Lot
- Interstate 40 Frontage with 90,000 VPD
- Three-Mile Population of 55,566
- Average Household Income of $81,197
Investment Overview
Marcus & Millichap is pleased to present the opportunity to acquire a property ground leased to Taco Bueno on a 1.05-acre lot in North Little Rock, Arkansas. The property is located just off Interstate 40 with over 90,000 vehicles per day. The property has been ground leased to a quick service restaurant since 2017, with a 2,141-square-foot building that is currently not operating. There are 12 years remaining on the ground lease with annual 1.5 percent rent increases.
Exclusively Listed By
Broker of Record
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