Arby's Combo Sold for $7M

by Arkansas Business Staff  on Monday, Feb. 4, 2019 12:00 am   1 min read

(Images by Google Maps)

Affiliates of a Tulsa-based franchisee sold four Arby’s in central Arkansas for a combined $7 million.

National Retail Properties Ltd. of Orlando, Florida, purchased the 10 Ryeland Drive project in Cabot for nearly $2 million from Davest Properties LLC and the 414 Harkrider St. project in Conway for $1.1 million from United States Beef Corp.

MDC Coast 12 LLC, an affiliate of RB American Group of Independence, Ohio, bought projects at 900 Military Road in Benton for $2.3 million from Robert L. Davis Investment Co. I Ltd. and at 2903 N. Reynolds Road in Bryant for more than $1.2 million from Raving Fan Investments II LLC.

► Store Master Funding X LLC, an affiliate of Store Capital of Scottsdale, Arizona, bought River City Recreation World at 6721 Warden Road for $6.3 million.

Seller: FRHP Lincolnshire LLC, an affiliate of Freedom Roads/Camping World of Lincolnshire, Illinois.

► Rolling Hills HC Inc., led by Joey Wiggins, sold the 70-unit Chenal Rehabilitation & Healthcare Center at 3115 S. Bowman Road in west Little Rock for $5.9 million.

Buyer? Bowman Pointe Property Investments LLC, an affiliate of Stein & Associates of Fort Smith.

► Blackburn Capital LLC, led by Todd Stewart, acquired the 9,000-SF Rock Family Dental project at 2411 McCain Blvd. in North Little Rock for more than $1.1 million.

Seller? Lakewood Place LLC, led by William Hixson

 

 

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