Eight Wendy's Locations Sales Surpass $9.5 Million Mark (Real Deals)

by George Waldon  on Monday, Oct. 7, 2013 12:00 am  

Construction of a new Little Rock police department substation on 12th Street is underway. (Photo by RPPY Architects Artist Rendering)

The 1.4-acre property at 11310 Otter Creek East Blvd. was purchased for $140,000 in May 2005. The seller in that deal was Arkansas Ceramic Products LLC, led by Carl Moody.

The other land was acquired for $153,376 in May 2005.

Seller: Otter Creek Development Co. LLC, led by Robert McGinnis and Byron Eiseman Jr.

Valero Purchase

A west Little Rock convenience store rang up an $825,000 sale.

Sultana’s Property LLC, led by Ahmed and Kammar Pabani, purchased the Valero project at 13901 Chenal Parkway. The seller is HyPark Inc., led by Floyd Parker.

The deal is financed with a five-year loan of $701,250 from Summit Bank of Arkadelphia.

The 0.76-acre property was bought from the Ray & Chris Jones Revocable Trust.

That July 1998 transaction closed at $340,000.

Maumelle Buy

A 6,623-SF office building in Maumelle drew a $575,000 transaction.

103 Park LLC, led by Jeffery Rippy, Kyle Skinner and Mary Nash, acquired the 103 Park Drive project.



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