Rehold

Tropical Smoothie Café | Conway, AR

1,558 SF | Retail Building | Conway, AR 72032 | $2,083,333 ($1,337/SF) | 6% Cap Rate

Asking Price $2,083,333

Property Type: Retail, Restaurant
Square Feet: 1,558 SF
Price / Square Foot: $1,337

Listing Contacts

Tony Anderson

Tony Anderson

Verified Profile

Richard Brehaut

Richard Brehaut

Verified Profile

Kent Presson

Kent Presson

Verified Profile

William Callahan

William Callahan

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Property Info

Property Overview

PRICE: $2,083,333
CAP RATE: 6.00%
NOI: $125,000
LEASE TERM: 14 Years
GUARANTEE: 100+ Unit Operator

Property Details

Class: B
Year Built: 2021
Stories: 1
Property Subtype: Freestanding, Storefront
Lot Size (sq. ft): 21,780 SF

Highlights

14+ YEARS REMAINING ON ABSOLUTE TRIPLE NET (NNN) LEASE
AWARD-WINNING FAST CASUAL BRAND - Leader in the smoothie/juice fast casual restaurant industry with over 1,335 locations across 44 states.
DYNE HOSPITALITY GROUP – LARGEST FRANCHISEE IN TSC SYSTEM
STRATEGICALLY LOCATED - location adjacent to a Kroger-anchored grocery center & directly across from the Faulkner Plaza Shopping Center
EXCELLENT SITE-LEVEL VISIBILITY & ACCESS - East Oak Street has 29,726 VPD & I-40 has daily traffic counts exceeding 63,000 per day.
“THE CITY OF COLLEGES”- Home to 3 universities: University of Central Arkansas, Hendrix College & Central Baptist College

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