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3810 N State Line Ave, Texarkana, AR, 71854

Long John Silver’s
$1,575,205

Key Information

Cap Rate
6.5%
Year Built
1975/2020
Term Remaining
±4.5 Years
Type
Retail
NOI
$102,388

Highlights

  • Absolute Triple-Net (NNN) Lease with zero landlord responsibilities
  • 18-Unit Franchisee Guarantee from Tajay Restaurants, Inc., a subsidiary of AMPEX brands ran by CEO Tabbassum Mumtaz
  • AMPEX Brands owns and operates over 300 QSR’s nationwide including Taco Bell, KFC, Pizza Hut & Long John Silver’s
  • High-Traffic Signalized Intersection with ±26,000 VPD along North State Line Ave and ±15,000 on Arkansas Blvd
  • Freestanding Restaurant with drive-thru, situated on a 0.78 acre parcel with 3,000 SF of leasable space
  • Top-Performing Location ranked as the #2 Long John Silver’s in Arkansas by foot traffic (Source: AlphaMaps)
  • Outparcel to Albertsons, the only Albertsons location in Arkansas which sees 168,157 weekly visits
  • Walmart Supercenter, located across the intersection, is ranked in the top 9% of Walmart locations nationwide
  • Demographics support a population of over 66,262 residents within a 5-mile radius of the site

Photos

Location

Agents

Broker of Record

Kyle Matthews

License # 00084217 (AR)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203