Sherwood Wendy's Sold for $1.9M


Sherwood Wendy's Sold for $1.9M
Wendy's at 8500 Highway 107 in Sherwood (Google Maps)

A fast-food eatery in Sherwood, a postal project in west Little Rock’s Otter Creek neighborhood, a warehouse property in North Little Rock and a home in the Heights area of Little Rock form this week’s quartet of million-dollar real estate sales.

► HIRA 8500 AR 107 LLC of Walnut, California, bought the 2,990-SF Wendy’s at 8500 Hwy. 107 for more than $1.9 million from Sherwend LLC of Germantown, Tennessee.

► Fayetteville’s FDI Postal Properties II Inc., led by James Frey, sold the 10,891-SF post office at 13501 Otter Creek Parkway for nearly $1.8 million.

Buyer: APIF-Arkansas LLC, an affiliate of American Infrastructure Funds in Forest City, California.

► Two limited liability companies, led by David Bubbus, purchased the 225,650-SF warehouse project at 1600 Gregory St. for more than $1.6 million.

Anchor Realty Investments LLC and 1600 Gregory Holdings LLC acquired the property from 1601 Gregory Holdings LLC, an investment group that included Rick Ferguson and originally led by Kevin Huchingson.

► The estate of Janet Bolton sold a 3,735-SF home in Little Rock’s St. John’s neighborhood for more than $1 million.

Buyer: Carolyn W. Hughes Trust.

Seven-Digit Construction

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