Skip to main content

Restaurant

Chick-Fil-A w/ Triple Drive-Thru | W/in The District at Midtown - Densest Daytime Population in AR

700 Julian Dr Little Rock, AR 72205, Little Rock, AR 72205

Listing Price: $4,285,714

Cap Rate
3.85%
Tenant Name
Chick-fil-A
Years Remaining On Lease
15.5
Gross SF
5,108
Guarantor
Corporate Guarantee
Rentable SF
5,108
Price/Gross SF
$839.02
Lease Type
NNN Ground Lease
Rent Per Square Feet
$32.30

Investment Overview

Little Rock serves as the capital and largest city of Arkansas, functioning as the state’s economic, cultural, and transportation hub. The city anchors the Little Rock–North Little Rock–Conway Metropolitan Statistical Area, home to more than 750,000 residents, offering a deep labor pool and strong consumer base. The region benefits from a diverse economy driven by healthcare, government, education, logistics, and financial services, providing a stable foundation for long-term retail demand.

Healthcare represents one of the most prominent industries, with the University of Arkansas for Medical Sciences, Arkansas Children’s Hospital, and Baptist Health serving as major employers and generating consistent daytime traffic. In addition, Little Rock is home to multiple higher education institutions, including the University of Arkansas at Little Rock and Philander Smith University, which contribute to the city’s young, educated workforce and bring consistent demand for food and retail services.

Transportation infrastructure plays a central role in the market’s strength. The city is served by Interstates 30, 40, and 630, connecting the area to major regional and national corridors. Bill and Hillary Clinton National Airport provides commercial air service, while the Port of Little Rock facilitates regional distribution. These connections reinforce Little Rock’s position as a logistics hub for the state and surrounding region.

Retail demand in the area is supported by a growing population and strong household incomes. Within a three-mile radius, demographics reflect a stable consumer base with household incomes above the national average. The trade area benefits from the presence of national retailers, regional shopping centers, and dense residential neighborhoods that drive consistent traffic and sales performance.

As the center of commerce for Arkansas, Little Rock combines population density, economic diversity, and transportation connectivity, creating a robust environment for long-term retail success and strengthening investment opportunities in quick service restaurant assets.

Investment Highlights

  • 15 Year Absolute Net Ground Lease Featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options. Brand New 2026 High Quality Prototype Building Featuring a Triple Drive-Thru.
  • Chick-fil-A named the #1 Fast-Food Restaurant in America with Annual Sales of Nearly $19 Billion and Average Sales Per Unit of $9.3 Million.
  • The Area Enjoys the Densest Daytime Population in the State thanks to four Hospitals, more than 1 Million Sq.ft. of Retail and more than 500k Sq.ft. of Medical Office Space all within 2 miles.
  • Positioned Along Area's Major Traffic & Retail Corridor - Features Easy Access and Excellent Visibility. One of the Most Heavily Traveled Locations in the State with Combined Daily Traffic Counts Exceeding 147k Vehicles. Direct Access from Interstate 630.
  • Within The District at Midtown - A New Mixed-Use Development in the Heart of the Midtown Retail and Medical Districts at the NEC of Interstate 630 and S. University Avenue.
  • In Close Proximity to UAMS Medical Center - The University of Arkansas for Medical Sciences is one of the Region's Major Academic Health Centers. Recently Completed a 540k Sq.ft. Expansion, which gives the Teaching Hospital a total of 434 Beds.
  • Walking Distance from the Little Rock Zoo - Arkansas's Largest Family Attraction located in the Heart of War Memorial Park with an Annual Attendance of more than 300k Visitors.
  • Near the War Memorial Stadium - A 54k+ Seats Multi-Purpose Stadium - Host to Major College Football Games, Concerts, Events and the Secondary Home Stadium for the University of Arkansas Razorbacks. Across from CHI St. Vincent Infirmary Medical Center - A 600-Bed, 6,000+ Employees Acute-Care Hospital and Facility dedicated in High Quality, Compassionate Care Serving the Health Care needs of Arkansans, including Patients from all 75 Counties.

Exclusively Listed By

  • Alvin Mansour

    Executive Managing Director Investments

    (858) 373-3184

    Email Alvin

    License(s): CA: 01391653, TX: 0606255

    San Diego Downtown

  • Chris Talia

    Associate Director Investments

    (858) 373-3235

    Email Chris

    License(s): CA: 02031343

    San Diego Downtown

Broker of Record

  • Steve Greer

    Senior Director Investments

    (225) 376-6729

    License(s) AR: PB00098133

    Arkansas

Restaurant

Chick-Fil-A w/ Triple Drive-Thru | W/in The District at Midtown - Densest Daytime Population in AR

Listing Price: $4,285,714

Cap Rate
3.85%
Tenant Name
Chick-fil-A
Years Remaining On Lease
15.5
Gross SF
5,108
Guarantor
Corporate Guarantee
Rentable SF
5,108
Price/Gross SF
$839.02
Lease Type
NNN Ground Lease
Rent Per Square Feet
$32.30

Investment Highlights

  • 15 Year Absolute Net Ground Lease Featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options. Brand New 2026 High Quality Prototype Building Featuring a Triple Drive-Thru.
  • Chick-fil-A named the #1 Fast-Food Restaurant in America with Annual Sales of Nearly $19 Billion and Average Sales Per Unit of $9.3 Million.
  • The Area Enjoys the Densest Daytime Population in the State thanks to four Hospitals, more than 1 Million Sq.ft. of Retail and more than 500k Sq.ft. of Medical Office Space all within 2 miles.
  • Positioned Along Area's Major Traffic & Retail Corridor - Features Easy Access and Excellent Visibility. One of the Most Heavily Traveled Locations in the State with Combined Daily Traffic Counts Exceeding 147k Vehicles. Direct Access from Interstate 630.
  • Within The District at Midtown - A New Mixed-Use Development in the Heart of the Midtown Retail and Medical Districts at the NEC of Interstate 630 and S. University Avenue.
  • In Close Proximity to UAMS Medical Center - The University of Arkansas for Medical Sciences is one of the Region's Major Academic Health Centers. Recently Completed a 540k Sq.ft. Expansion, which gives the Teaching Hospital a total of 434 Beds.
  • Walking Distance from the Little Rock Zoo - Arkansas's Largest Family Attraction located in the Heart of War Memorial Park with an Annual Attendance of more than 300k Visitors.
  • Near the War Memorial Stadium - A 54k+ Seats Multi-Purpose Stadium - Host to Major College Football Games, Concerts, Events and the Secondary Home Stadium for the University of Arkansas Razorbacks. Across from CHI St. Vincent Infirmary Medical Center - A 600-Bed, 6,000+ Employees Acute-Care Hospital and Facility dedicated in High Quality, Compassionate Care Serving the Health Care needs of Arkansans, including Patients from all 75 Counties.

Investment Overview

Little Rock serves as the capital and largest city of Arkansas, functioning as the state’s economic, cultural, and transportation hub. The city anchors the Little Rock–North Little Rock–Conway Metropolitan Statistical Area, home to more than 750,000 residents, offering a deep labor pool and strong consumer base. The region benefits from a diverse economy driven by healthcare, government, education, logistics, and financial services, providing a stable foundation for long-term retail demand. Healthcare represents one of the most prominent industries, with the University of Arkansas for Medical Sciences, Arkansas Children’s Hospital, and Baptist Health serving as major employers and generating consistent daytime traffic. In addition, Little Rock is home to multiple higher education institutions, including the University of Arkansas at Little Rock and Philander Smith University, which contribute to the city’s young, educated workforce and bring consistent demand for food and retail services. Transportation infrastructure plays a central role in the market’s strength. The city is served by Interstates 30, 40, and 630, connecting the area to major regional and national corridors. Bill and Hillary Clinton National Airport provides commercial air service, while the Port of Little Rock facilitates regional distribution. These connections reinforce Little Rock’s position as a logistics hub for the state and surrounding region. Retail demand in the area is supported by a growing population and strong household incomes. Within a three-mile radius, demographics reflect a stable consumer base with household incomes above the national average. The trade area benefits from the presence of national retailers, regional shopping centers, and dense residential neighborhoods that drive consistent traffic and sales performance. As the center of commerce for Arkansas, Little Rock combines population density, economic diversity, and transportation connectivity, creating a robust environment for long-term retail success and strengthening investment opportunities in quick service restaurant assets.

Exclusively Listed By

  • Alvin Mansour

    Executive Managing Director Investments

    (858) 373-3184

    Email Alvin

    License(s): CA: 01391653, TX: 0606255

    San Diego Downtown

  • Chris Talia

    Associate Director Investments

    (858) 373-3235

    Email Chris

    License(s): CA: 02031343

    San Diego Downtown

Broker of Record

  • Steve Greer

    Senior Director Investments

    (225) 376-6729

    License(s): AR: PB00098133

    Arkansas

MM Texture Background
MM Textured Background Lower