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Office Supply

Wendy's | NNN | ±15 Yrs | 52-Unit Guaranty | Cantrell Rd w/ ±20,694 VPD | West Little Rock, AR

17717 Cantrell Rd, Little Rock, AR 72223

Listing Price: $3,502,031

Cap Rate
6.50%
Tenant Name
Wendy's
Years Remaining On Lease
14.6
Guarantor
National Franchisor
Rentable SF
3,790
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$60.06

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire a freestanding Wendy’s drive-thru at 17717 Cantrell Road in the affluent West Little Rock submarket of Little Rock, Arkansas. The ±3,790-square-foot restaurant, built in 2016, sits on ±1.19 acres and is secured by an NNN lease with approximately 15 years remaining through February 2041, zero landlord responsibilities, and three (3) five-year renewal options. Annual base rent of $227,632 at a 6.50% cap rate includes 1.5% annual rent increases compounding throughout the full lease term, providing consistent, predictable income growth. The lease is guaranteed by FourJay, LLC, an established ±52-unit Wendy’s franchisee with demonstrated regional scale and long-term commitment to the brand.

The property fronts Cantrell Road / AR-10 (±20,694 VPD) at its signalized intersection with Ranch Boulevard (±3,370 VPD), with convenient access to Interstate 430 and Chenal Parkway, and corridor neighbors including Walmart, Subway, Tropical Café, Walgreens, and Great Clips directly adjacent. The 3-mile trade area holds 26,109 residents with an exceptionally strong average household income of $195,273, and the 5-mile population of 70,481 averages $152,847 per household, supported by Little Rock Christian Academy (1,708 students) and Joe T. Robinson High School (1,030 students). The corridor is experiencing significant investment activity, with a 34-acre mixed-use development at Crossroads at Chenal opening a Home2 Suites by Hilton in August 2026 directly adjacent, a 10-acre mixed-use project in planning at Cantrell and Rodney Parham, and a $30–35 million ARDOT Cantrell Road widening underway. The Little Rock MSA counts 774,029 residents at $101,685 average household income, anchored by UAMS, Baptist Health, Dillard’s, and Amazon.

Investment Highlights

  • NNN Lease | ±15 Years Remaining Through February 2041 | Zero Landlord Responsibilities
  • Three (3) Five-Year Renewal Options | Up to 30 Years of Total Term
  • 1.5% Annual Rent Increases Compounding Throughout Full Lease Term | $227,632 NOI at 6.50% CAP
  • Guaranteed by FourJay, LLC | Established ±52-Unit Wendy's Franchisee
  • Cantrell Rd / AR-10 Frontage | ±20,694 VPD | Signalized Intersection w/ Ranch Blvd | Direct Access to I-430
  • 3-Mile Demographics: 26,109 Residents | $195,273 Avg. HH Income
  • 5-Mile Demographics: 70,481 Residents | $152,847 Avg. HH Income
  • Little Rock MSA: 774,029 Population | $101,685 Avg. HH Income | State Capital, Healthcare & Government Employment Base

Exclusively Listed By

Broker of Record

  • Steve Greer

    Senior Director Investments

    (225) 376-6729

    License(s) AR: PB00098133

    Arkansas

Office Supply

Wendy's | NNN | ±15 Yrs | 52-Unit Guaranty | Cantrell Rd w/ ±20,694 VPD | West Little Rock, AR

Listing Price: $3,502,031

Cap Rate
6.50%
Tenant Name
Wendy's
Years Remaining On Lease
14.6
Guarantor
National Franchisor
Rentable SF
3,790
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$60.06

Investment Highlights

  • NNN Lease | ±15 Years Remaining Through February 2041 | Zero Landlord Responsibilities
  • Three (3) Five-Year Renewal Options | Up to 30 Years of Total Term
  • 1.5% Annual Rent Increases Compounding Throughout Full Lease Term | $227,632 NOI at 6.50% CAP
  • Guaranteed by FourJay, LLC | Established ±52-Unit Wendy's Franchisee
  • Cantrell Rd / AR-10 Frontage | ±20,694 VPD | Signalized Intersection w/ Ranch Blvd | Direct Access to I-430
  • 3-Mile Demographics: 26,109 Residents | $195,273 Avg. HH Income
  • 5-Mile Demographics: 70,481 Residents | $152,847 Avg. HH Income
  • Little Rock MSA: 774,029 Population | $101,685 Avg. HH Income | State Capital, Healthcare & Government Employment Base

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire a freestanding Wendy’s drive-thru at 17717 Cantrell Road in the affluent West Little Rock submarket of Little Rock, Arkansas. The ±3,790-square-foot restaurant, built in 2016, sits on ±1.19 acres and is secured by an NNN lease with approximately 15 years remaining through February 2041, zero landlord responsibilities, and three (3) five-year renewal options. Annual base rent of $227,632 at a 6.50% cap rate includes 1.5% annual rent increases compounding throughout the full lease term, providing consistent, predictable income growth. The lease is guaranteed by FourJay, LLC, an established ±52-unit Wendy’s franchisee with demonstrated regional scale and long-term commitment to the brand. The property fronts Cantrell Road / AR-10 (±20,694 VPD) at its signalized intersection with Ranch Boulevard (±3,370 VPD), with convenient access to Interstate 430 and Chenal Parkway, and corridor neighbors including Walmart, Subway, Tropical Café, Walgreens, and Great Clips directly adjacent. The 3-mile trade area holds 26,109 residents with an exceptionally strong average household income of $195,273, and the 5-mile population of 70,481 averages $152,847 per household, supported by Little Rock Christian Academy (1,708 students) and Joe T. Robinson High School (1,030 students). The corridor is experiencing significant investment activity, with a 34-acre mixed-use development at Crossroads at Chenal opening a Home2 Suites by Hilton in August 2026 directly adjacent, a 10-acre mixed-use project in planning at Cantrell and Rodney Parham, and a $30–35 million ARDOT Cantrell Road widening underway. The Little Rock MSA counts 774,029 residents at $101,685 average household income, anchored by UAMS, Baptist Health, Dillard’s, and Amazon.

Exclusively Listed By

Broker of Record

  • Steve Greer

    Senior Director Investments

    (225) 376-6729

    License(s): AR: PB00098133

    Arkansas

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