Wendy's | NNN | ±15 Yrs | 52-Unit Guaranty | Cantrell… — Sale in Little Rock, AR
- Price: Contact for price
- Listing type: For sale
- Asset type: Office
- Location: Little Rock, AR 72223
Photos
Investment Figures
- Cap rate
- 6.50%
Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.
Description
Marcus & Millichap is pleased to present the opportunity to acquire a freestanding Wendy’s drive-thru at 17717 Cantrell Road in the affluent West Little Rock submarket of Little Rock, Arkansas. The ±3,790-square-foot restaurant, built in 2016, sits on ±1.19 acres and is secured by an NNN lease with approximately 15 years remaining through February 2041, zero landlord responsibilities, and three (3) five-year renewal options. Annual base rent of $227,632 at a 6.50% cap rate includes 1.5% annual rent increases compounding throughout the full lease term, providing consistent, predictable income growth. The lease is guaranteed by FourJay, LLC, an established ±52-unit Wendy’s franchisee with demonstrated regional scale and long-term commitment to the brand. The property fronts Cantrell Road / AR-10 (±20,694 VPD) at its signalized intersection with Ranch Boulevard (±3,370 VPD), with convenient access to Interstate 430 and Chenal Parkway, and corridor neighbors including Walmart, Subway, Tropical Café, Walgreens, and Great Clips directly adjacent. The 3-mile trade area holds 26,109 residents with an exceptionally strong average household income of $195,273, and the 5-mile population of 70,481 averages $152,847 per household, supported by Little Rock Christian Academy (1,708 students) and Joe T. Robinson High School (1,030 students). The corridor is experiencing significant investment activity, with a 34-acre mixed-use development at Crossroads at Chenal opening a Home2 Suites by Hilton in August 2026 directly adjacent, a 10-acre mixed-use project in planning at Cantrell and Rodney Parham, and a $30–35 million ARDOT Cantrell Road widening underway. The Little Rock MSA counts 774,029 residents at $101,685 average household income, anchored by UAMS, Baptist Health, Dillard’s, and Amazon. Investment Highlights: • NNN Lease | ±15 Years Remaining Through February 2041 | Zero Landlord Responsibilities • Three (3) Five-Year Renewal Options | Up to 30 Years of Total Term • 1.5% An
Market Context
This office in Little Rock, AR is listed for sale. It is offered at an approximate 6.5% capitalization rate, a key benchmark for income-producing office assets. Compare it against other office listings for sale in Little Rock, AR — view the full market.
Contact
- Jason Fefer · (310) 909-2394 · jason.fefer@marcusmillichap.com
- Tyler Bindi · (310) 909-2374 · tyler.bindi@marcusmillichap.com
- Rob Narchi · (310) 909-5426 · robert.narchi@marcusmillichap.com
- Steve Greer · (225) 376-6729
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