Central Arkansas Taco Bell Deals Ring Up Combined $3.8M


Central Arkansas Taco Bell Deals Ring Up Combined $3.8M
(Saline County Assessor / Faulkner County Assessor)

Fast-food outlets in Bryant and Conway, land on the western edge of Little Rock, foreclosed property in Lonoke County, an office-warehouse in North Little Rock and upscale residential lots in west Little Rock provide this week’s grouping of million-dollar real estate transactions.

♦ Living trusts of Melvin Magnet of Downey, California, purchased the Taco Bell at 2211 N. Reynolds Road in Bryant for nearly $2 million.

♦ An affiliate of Realty Income Corp. of San Diego bought the Taco Bell at 205 E. Oak St. in Conway for $1.8 million.

The seller in both deals was KMAC II LLC of Lafayette, California.

♦ Glenda C. Pehrson Family Ltd. sold more than 85 acres at 10601 Layman Road in west Pulaski County for $2.2 million.

Buyer: Layman Lane LLC, led by Graham Smith and Russell James.

Related foreclosure sales combined for a tandem transaction total of $1.4 million.

♦ BOE Acquisition Co., an affiliate of Bank of England, recovered 240 acres about 4.5 miles northwest of Keo ($750,000) and the 31,360-SF England Fabrication & Oil Field Services facility at 265 Windy Lynn Road ($650,000).

The former owners were Bailey Family Revocable Trust, led by Roger and Shirley Bailey, and their England Oil Field Services Inc.

♦ Eckerd & Shea Commercial LLC, led by Rich Eckerd and Darin Shea, sold the 13,590-SF Advanced Pathology Solutions project at 4851 Northshore Lane in North Little Rock for more than $1.5 million.

Buyer? Green Bunn Herrington LLC, led by Curtis Green Jr.

♦ Silver Development LLC, led by Larry Crain Jr., acquired seven lots in the Varennes Court neighborhood of west Little Rock for $1.4 million.

Seller: Deltic Timber Corp. of El Dorado.

Seven-Digit Construction

Assisted Living Facility    $2,993,000
Beehive Homes
2201 Wellington Village Road, Little Rock
Corco Construction LLC, Little Rock
 
Seventh Floor Renovation    $1,689,238
Arkansas Blue Cross
601 Gaines St., Little Rock
Baldwin & Shell Co., Little Rock
 
New KFC    $1,024,000
100 Markham Park Drive, Little Rock
Advanced Building Specialties Inc., Petal, Mississippi
 
New Office-Warehouse    $1,000,000
15315 Kanis Road, Little Rock
Huffman Contractors Inc., Little Rock