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Panda Express and Slim Chickens Center
Under Contract

Panda Express and Slim Chickens Center

1384 Higdon Ferry Road
Hot Springs, Arkansas


price: $2,527,105

gla: 6,075 SF

cap: 7.13%

lot: 0.92 Acres

built: 2013

noi: $180,295

  • Outparcel to Sam’s Club and Major Power Center | Fairgrounds Crossing Shopping Center
  • Located on Signalized, Hard-Corner Intersection
  • Amazon Resistant | Tenants Made Up of Two Restaurants and Nail Salon
  • Tenants Reimburse for Taxes, Insurance, CAM and Administrative Fee
  • Panda Express has 10 Percent Rental Increases Every Five Years and is Corporately Guaranteed
  • Slim Chickens has Seven Percent Rental Increases Every Five Years
  • Slim Chickens is Operating with a Drive-Thru
  • One Block from Heavily Traveled Intersection | 52,000 Vehicles per Day
  • Great Visibility | 200 Feet of Frontage Along Higdon Ferry Road
  • Adjacent to CHI St. Vincent Hospital | Over 1,000 Full Time Employees | Over 300 Beds
  • Notable Area Retailers Include Walmart, Sam’s Club, Chick-Fil-A, Longhorn Steakhouse, Starbucks, Chili’s, Outback Steakhouse, Michael’s, Best Buy and More
  • Excellent Demographics | Population of 29,373 Within Three Miles of Subject Property
  • Anticipated Population Growth Within Five Miles is Three Percent by 2021
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Steven Krueger
Associate

Tel: (630) 570-2186
Steven.Krueger@marcusmillichap.com

* Broker of Record: Anne Williams