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403 Highway 71 N

Mena, AR 71953

$1,410,000

Freestanding For Sale  •  2,702 Sq Ft

Property Details

  • Property Type Freestanding
  • Total Building Size 2,702 Sq Ft
  • Building Class B
  • Year Built 1986
  • Cap Rate 5.90 %
  • Tenancy Multiple
0 Transit Score
58 Walk Score

Description

The KFC/Taco Bell is strategically situated along U.S. Highway 71, the primary thoroughfare traveling through Mena with 17,000 vehicles passing by daily. The asset has increased visibility due to its large pylon sign and excellent highway frontage. The KFC/Taco Bell is positioned directly across from a 24-hour Walmart Supercenter, which helps promote crossover shopping to the subject property. Other nearby national/credit tenants include Walgreens, Family Dollar, AutoZone, McDonald’s, and more, further increasing consumer draw to the trade area. In addition, the site is within close proximity to Mena Regional Health System Hospital (65 beds), providing a direct consumer base to draw from. The 5-mile trade area is supported by a population of nearly 10,000 residents with an average household income of more than $49,000.

Highlights

Brand New 20-Year Sale Leaseback | Personal & Franchisee Guaranty | Rental Increases
Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
Major Thoroughfare | Drive-Thru Equipped | Large Pylon Sign
Across from 24-Hour Walmart Supercenter | Near Mena Regional Health System Hospital (65 Beds)
Cap Rate: 5.90 %

Major Tenants

Tenant SF Occupied Lease End Date
KFC & Taco Bell 2,702 SF

Amenities

  • Corner Lot
  • Signage
  • Signalized Intersection
  • Drive Thru

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 33
Type: Surface
Included in Rent: Yes
Patrick Luther 949-698-1115 SRS National Net Lease Group
Patrick Luther 949-698-1115 SRS National Net Lease Group