Retail

Hardee's

Conway (Little Rock), AR

Asking Price

$1,834,583

Cap Rate

6.00%

Lease

Abs NNN

Year Built

2012

New Lease Term

20 Years

Avg HHI

$78,103 (5-Mi)

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Location

34,000 VPD

Rental Increases

Every 5 Years

INVESTMENT HIGHLIGHTS

16+ Years Remaining on an Absolute NNN Lease with No Landlord Responsibilities
Rental Increases Every 5 Years
Saddle Peak, LLC is an Experienced Hardee's Franchisee that Operates 35 Locations Across 5 States, and Has Been in Business Since 2008
1.5 Miles to the University of Central Arkansas (Serving Over 11,750 Students) and the First Security Field at Estes Stadium (10,000 seats)
Outstanding Traffic with Over 34,000 VPD Along Dave Ward Drive

1.5 Miles to Interstate 40, Which Runs South into Little Rock, a 30-Minute Drive
Tenants at I-40: Sam’s Club, Denny's, Michaels, Kia/Chrysler/Buick/Chevrolet/Toyota/Honda Auto Dealerships, and More
Population Counts Exceed 73k in a 5-Mile Radius & Projected to Grow 2.0% by '27, 9.5% Population Growth Since 2020 in a 1-Mile Radius
Strong Average HH Income of $78k+ in a 5-Mile Radius

Exclusively Listed By

Milo Spector

Senior Vice President
mspector@northmarq.com 415.610.8970

Stephen Hasbrook

Investment Sales Analyst
shasbrook@northmarq.com 925.412.3467

Chris Lomuto

Associate Vice President

Matt Lipson

Associate Vice President

In Association With
Chad Byerly

Arkansas Broker #PB00082928

Northmarq

2121 N California Blvd, Suite 290
Walnut Creek, CA 94596

northmarq.com