Property Listing No Longer Available for Lease

5501 & 5505 MacArthur Dr, North Little Rock, AR

Retail for Lease - $17.50 SqFt/Year - 2,737 SqFt Available


Property Info

CIMLS#433571
Location
  5501 & 5505 MacArthur Dr
  North Little Rock AR 72118
UpdatedJuly 28th, 2017
TypeRetail
Price$17.50 SqFt/Year
Building2,737 SqFt

Property Description

Unique opportunity to purchase well established operating bar & grill on 1.31 acres at the busy intersection of Military Rd and MacArthur Drive in North Little Rock. Great location to either continuing operating a restaurant with an established clientele. Tenant paying utilities, RE Taxes, property insurance, and all maintenance.

Location Description:

Located at a busy intersection and less than one mile to Interstate 40, Burns Park and the entrance gate to Camp Joseph T. Robinson

Highlights:

>> FOR SALE: $750,000

>> FOR LEASE: $17.50 NNN For the restaurant only

>> 2,737 +/- SF retail property with 1,816 +/- SF residence (4 BR/2 BT) and detached garage

>> Currently operating as a restaurant/bar & grill with seating for 50 people

>> Fully equipped commercial kitchen with walk-in freezer and 1,000 gallon grease trap

>> 3-Phase electrical

>> Roll up door in restaurant space

>> 14 marked parking spaces with an additional 50 graveled parking spaces

>> Zoned C-1

>> 1.31 +/- acres

>> Memorial adjacent to property will not convey

>> Located at a busy intersection and less than one mile to Interstate 40, Burns Park and the entrance gate

>> to Camp Joseph T. Robinson

Space Available:

There is 1 space available. The minimum space available is 2,737 SF and the maximum contiguous is 2,737 SF.

5501-5505 MacArthur Drive

-------------

>> 2,737

>> $17.50/SF/year (NNN Lease)

* Email for additional photos.

** This property is also for sale.