Harps Registers Nearly $5M Sale of Vilonia Store

by Arkansas Business Staff  on Monday, May. 15, 2017 12:00 am   1 min read

A grocery store in Vilonia, a church in Benton, Burger Kings in Cabot and Conway, a west Little Rock manor and an auto project in Sherwood have assembled for a six-pack of multimillion-dollar transactions.

• Harps Food Stores Inc. of Springdale sold its 31,500-SF store at 1086 Main St. in Vilonia for more than $4.9 million.

Buyer in this sale-leaseback deal: an affiliate of Cole Capital of Phoenix.

• Summit Church purchased Salem Baptist Church at 3069 Salem Road for $2.4 million. The deal included a pair of adjoining duplexes at 3141 Salem Road and a parsonage.

• Rowan Development LLC, led by Jasen Chi, bought a 9,326-SF home in the Chenal Downs neighborhood for more than $1.7 million.

Sellers: Steve Landers Jr. and his wife, Karmen.

• Flis Investments LLC, led by Christopher Flis, sold its Burger King at 1100 W. Main St. in Cabot for $1.7 million to Rachael JG LLC of West Hills, California.

• I-40 RV Exchange Holdings LLC acquired the Evans Motors project at 6701 Warden Road in Sherwood for more than $1.4 million.

Seller? Evans Properties, led by Paul, Darrell and Ralph Evans.

• FRP Cantrell Falls LLC, led by Dominic Flis, purchased the Burger King at 905 U.S. 65 in Conway for nearly $1.4 million from Arkaproperties LLC of North Platte, Nebraska.

 

 

Please read our comments policy before commenting.
Search