Fort Smith, AR - Chick-fil-A
$6,093,000
3825 Century Dr, Fort Smith, AR 72902
4.9
Cap Rate
298,563
NOI
Details:
Description:
- Chick-Fil-A Inc. Corporate signed lease
- 15 years remaining with 13 (5-year) option periods to extend, demonstrating the tenant’s commitment to the site
- The lease features 10% rental increases throughout the initial term and at the beginning of each option period
- Less than one mile from the Fort Smith Pavilion, anchored by major national/credit tenants such as Target, Dick’s Sporting Goods, and Best Buy, along with other retailers including Petco, Michaels, Ulta Beauty, Dollar Tree, and more
- The subject property is located in a dense retail corridor with national
and credit tenants such as The Home Depot, Academy Sports + Outdoors McDonald’s, Jersey Mike’s, Starbucks, and more
- The site benefits from being located right off of US-71, which sees approximately 54,000 vehicles per day, allowing for increased exposure to the site
Location
Gallery