Absolute NNN Ground Lease | 5.8% Cap Rate | North Little Rock, AR

For Sale

113 W. Pershing Boulevard, North Little Rock, AR 72116

This North Little Rock property for sale is located at 113 W. Pershing Boulevard. The current listed sale price for Absolute NNN Ground Lease | 5.8% Cap Rate | North Little Rock, AR is $1,400,000. Absolute NNN Ground Lease | 5.8% Cap Rate | North Little Rock, AR is situated on a lot that is 1.05 acre in size.

Contacts

Nancy Miller, CCIM, MBA

Bull Realty

Property Details

  • Property Type Retail - Freestanding
  • Property Size 2,232 SF
  • Units 1
  • Lot Size 1.05 Acre
  • Property Tenancy Single Tenant
  • Year Built 2017
  • Date Updated Oct 8, 2026
Hard corner at W. Pershing Blvd and John F. Kennedy Blvd with direct access to I-40 in North Little Rock.Priced at $1,400,000, this North Little Rock, AR opportunity offers ground lease land ownership with zero building responsibilities and delivers lease-backed cash flow and compounding annual growth. The ±1.05-acre parcel is located on a high-profile hard corner at W Pershing Blvd and John F Kennedy Blvd, with direct access to I-40, generating heavy traffic counts (27,759 VPD on JFK and 95,324 VPD at the interchange). It sits adjacent to a Murphy USA station, the Super Stay Inn, and Country Inn & Suites. As a ground lease, the investor owns only the high-value underlying land, completely free of building maintenance or landlord capital expenditures. The asset is backed by an absolute NNN ground lease running through December 2037. Currently generating $79,994 in annual NOI, the lease features steady 1.5% annual rent increases. Based on the January 1, 2027 increase, the cap rate will be 5.8%. The tenant, a dark Taco Bueno (operated by Quality Brand Management II, LLC), has entered a sublease with a multi-unit Dunkin’ franchise operator and is currently completing tenant improvements on the building in preparation to open. The primary tenant lease will remain in place through December 2037. Broker of Record: Nathan Hutchins SVN | ArkBest Realty LLC 501-912-3660 AR # PB00063530
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Highlights

  • Location: ±1.05-acre hard corner at W Pershing Blvd & John F Kennedy Blvd with immediate I-40 access.
  • Long-Term Lease: 20-year absolute NNN ground lease commenced in 2018, providing steady cash flow with 1.5% annual increases.
  • Strong Franchise Guarantor: Quality Brand Management II, LLC, a QSR franchisee operating under Pamax Management, Inc., operates over 180 restaurant locations across five states with a focus on Dunkin’ and Buffalo Wild Wings GO.
  • Strong Traffic Counts & Demographics: High-volume traffic counts (27,759 VPD on JFK Blvd; 95,324 VPD at the I-40 exit) with a 5-mile population of 118,449 and an average household income of $89,990.
  • Sublease: Multi-unit Dunkin’ franchise operator has entered a 5-year term from the primary guarantor with approximately 11 years remaining on the primary lease (through 12/31/2037).
  • Value Priced & Great Returns: $1,400,000 at a 5.8% cap rate as of January 1, 2027.

Attachments

Getting around

  • 66/100

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  • 36/100

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  • 40/100

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Location

  • City North Little Rock, AR
  • Zip Code 72116
  • Market Little Rock

Points of Interest

  • Main Street & Bishop Lindsey Avenue

    1.37 miles

  • Maple Street & 6th Street

    1.41 miles

  • Main Street & 5th Street

    1.52 miles

  • Maple Street & Broadway Street

    1.61 miles

  • 120 Main Street

    1.69 miles

  • West Markham Street & Spring Street

    2.18 miles

  • Scott Street & Markham Street

    2.18 miles

  • West Markham Street & Scott Street

    2.20 miles

  • 2nd Street & Center Street

    2.25 miles

  • President Clinton Avenue & River Market Avenue

    2.25 miles

  • Exxon

    0.06 miles

  • Casey's General Store

    0.61 miles

  • Circle K

    0.61 miles

  • Valero

    0.89 miles

  • Kroger

    1.09 miles

  • Shell

    1.66 miles

  • Kum & Go

    1.81 miles

  • Franklin's Charging

    3.24 miles

  • ChargePoint

    7.61 miles

  • Municipal Parking Garage (Underground)

    2.16 miles

  • Library Parking Deck

    2.24 miles

  • River Market Parking Garage

    2.29 miles

  • Simmons Tower Parking Deck

    2.54 miles

  • Best Park

    2.56 miles

  • Cell Phone Lot

    4.69 miles

  • Expressway Airport Parking

    4.71 miles

  • CARP Parking Area

    5.16 miles

  • Lot 14

    5.30 miles

  • Lot 15

    5.37 miles

  • Taco Bueno

    0.03 miles

  • Tropical Smoothie Cafe

    0.11 miles

  • Schlotzsky's

    0.64 miles

  • U.S. Pizza

    0.76 miles

  • Sonic

    0.80 miles

  • Taqueria Guadelajara

    0.93 miles

  • Subway

    0.97 miles

  • Senor Tequila

    1.00 miles

  • Burger King

    1.01 miles

  • KFC

    1.06 miles

  • Kroger

    1.10 miles

  • Kroger Marketplace

    2.20 miles

  • Target

    2.29 miles

  • Ross

    2.46 miles

  • TJ Maxx

    2.50 miles

  • McCain Mall

    2.51 miles

  • Big Lots

    2.71 miles

  • Burlington

    2.72 miles

  • Walmart Supercenter

    3.03 miles

  • MWR Complex

    3.16 miles

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