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Restaurant

Grill Pollo w/ Drive-Thru | Little Rock MSA | True NNN w/ Strong Rent Increases

2006 N Reynolds Rd, Bryant (Little Rock MSA), AR 72022

Listing Price: $2,638,920

Cap Rate
5.00%
Tenant Name
Grill Pollo
Years Remaining On Lease
20.0
Gross SF
2,572
Guarantor
Corporate Guarantee
Rentable SF
2,572
Price/Gross SF
$1,026.02
Lease Type
Absolute Net
Rent Per Square Feet
$51.30

Investment Overview

Bryant is a city in Saline County, Arkansas, a suburb of Little Rock and is part of the Central Arkansas region. Little Rock is the capital and most populous city of the U.S. state of Arkansas. The city’s population was 202,591 in 2020 according to the United States Census Bureau. Little Rock is a cultural, economic, government, and transportation center within Arkansas and the South. Several cultural institutions are in Little Rock, such as the Arkansas Museum of Fine Arts, the Arkansas Repertory Theatre, the Arkansas Symphony Orchestra, and the Mosaic Templars Cultural Center, in addition to hiking, boating, and other outdoor recreational opportunities. Little Rock’s history is available through history museums, historic districts or neighborhoods of Little Rock like the Quapaw Quarter, and historic sites such as Little Rock Central High School. The city is the headquarters of Dillard’s, Windstream Communications, Acxiom, Stephens Inc., University of Arkansas for Medical Sciences, Heifer International, Winrock International, the Clinton Foundation, and the Rose Law Firm. Other corporations, such as Amazon, Dassault Falcon Jet, LM Wind Power, Simmons Bank, Euronet Worldwide, AT&T, and Entergy have large operations in the city. State government is a large employer, with many offices downtown. Two major Interstate highways, Interstate 30 and Interstate 40, meet in Little Rock, with the Port of Little Rock serving as a shipping hub.

Investment Highlights

  • 20-Year Absolute Net Lease Featuring Above Average Favorable 2% Annual Increases throughout the Initial Term and Options. This Site also Features a Drive-Thru.
  • Current Operator has Excellent Performance at current Location in Little Rock.
  • Positioned Along Area's Major Retail & Traffic Corridor: Features Excellent Visibility & Easy Access with Daily Traffic Counts Exceeding 26k Vehicles. In Close Proximity to Interstate-30 (82k+ VPD).
  • Adjacent to Lowe's and near Numerous other National Retailers including Walmart Supercenter, CVS, Walgreens, Target, Kroger, Burlington and many more.
  • Affluent Little Rock Suburb: Features an Average Household Income of more than $83k within a 1-Mile Radius.
  • A Short Drive from Saline County Regional Airport - a 1.2k-Acre, County-Owned, Public-use Airport with more than 45k Aircraft Operations Annually.
  • Walking Distance to Bryant High School (2,710+ Students) & Bryant Middle School - providing for an Increased Potential Customer Base due to the Daily Commute of Parents, Students, and Teachers.

Exclusively Listed By

Broker of Record

  • Anne Williams

    First Vice President Investments

    (901) 486-4376

    License(s) AR: PB00066390

    Arkansas

Restaurant

Grill Pollo w/ Drive-Thru | Little Rock MSA | True NNN w/ Strong Rent Increases

Listing Price: $2,638,920

Cap Rate
5.00%
Tenant Name
Grill Pollo
Years Remaining On Lease
20.0
Gross SF
2,572
Guarantor
Corporate Guarantee
Rentable SF
2,572
Price/Gross SF
$1,026.02
Lease Type
Absolute Net
Rent Per Square Feet
$51.30

Investment Highlights

  • 20-Year Absolute Net Lease Featuring Above Average Favorable 2% Annual Increases throughout the Initial Term and Options. This Site also Features a Drive-Thru.
  • Current Operator has Excellent Performance at current Location in Little Rock.
  • Positioned Along Area's Major Retail & Traffic Corridor: Features Excellent Visibility & Easy Access with Daily Traffic Counts Exceeding 26k Vehicles. In Close Proximity to Interstate-30 (82k+ VPD).
  • Adjacent to Lowe's and near Numerous other National Retailers including Walmart Supercenter, CVS, Walgreens, Target, Kroger, Burlington and many more.
  • Affluent Little Rock Suburb: Features an Average Household Income of more than $83k within a 1-Mile Radius.
  • A Short Drive from Saline County Regional Airport - a 1.2k-Acre, County-Owned, Public-use Airport with more than 45k Aircraft Operations Annually.
  • Walking Distance to Bryant High School (2,710+ Students) & Bryant Middle School - providing for an Increased Potential Customer Base due to the Daily Commute of Parents, Students, and Teachers.

Investment Overview

Bryant is a city in Saline County, Arkansas, a suburb of Little Rock and is part of the Central Arkansas region. Little Rock is the capital and most populous city of the U.S. state of Arkansas. The city’s population was 202,591 in 2020 according to the United States Census Bureau. Little Rock is a cultural, economic, government, and transportation center within Arkansas and the South. Several cultural institutions are in Little Rock, such as the Arkansas Museum of Fine Arts, the Arkansas Repertory Theatre, the Arkansas Symphony Orchestra, and the Mosaic Templars Cultural Center, in addition to hiking, boating, and other outdoor recreational opportunities. Little Rock’s history is available through history museums, historic districts or neighborhoods of Little Rock like the Quapaw Quarter, and historic sites such as Little Rock Central High School. The city is the headquarters of Dillard’s, Windstream Communications, Acxiom, Stephens Inc., University of Arkansas for Medical Sciences, Heifer International, Winrock International, the Clinton Foundation, and the Rose Law Firm. Other corporations, such as Amazon, Dassault Falcon Jet, LM Wind Power, Simmons Bank, Euronet Worldwide, AT&T, and Entergy have large operations in the city. State government is a large employer, with many offices downtown. Two major Interstate highways, Interstate 30 and Interstate 40, meet in Little Rock, with the Port of Little Rock serving as a shipping hub.

Exclusively Listed By

Broker of Record

  • Anne Williams

    First Vice President Investments

    (901) 486-4376

    License(s): AR: PB00066390

    Arkansas

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