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401 E Harrell Dr
Russellville, AR 72802

$3,520,062 USD

Restaurant For Sale  •  5,425 SF

Property Details

  • Property Type Restaurant
  • Total Building Size 5,483 SF
  • Lot Size 2.8 AC
  • Year Built 2007
  • Tenancy Single
  • Zoning Commercial
20 Walk Score

Highlights

20-Year Absolute NNN lease with 10% rent increases every 5 years; Proven location with direct visibility to Interstate 40
Newly renovated, co-branded Applebee’s/IHOP site; Tenant has invested approximately $2 million in site improvements
Close proximity to Arkansas Tech University - 9,000+ students; Strong household population base with 36,000+ people within a 5-mile radius
Primary exit retail cluster for Arkansas Tech University with surrounding commercial activity, hotels and national tenants attracting consumers
Applebee’s: National casual dining leader with 1,600+ locations across the U.S.; IHOP: International breakfast chain with 1,700+ locations nationwide
900 co-branded Applebee’s / IHOP locations projected to open

Amenities

  • Pylon Sign
Matt Kramer 818-601-4595 Century Partners Real Estate Inc.
Matt Kramer 818-601-4595 Century Partners Real Estate Inc.