A piece of the proposed Chick-fil-A site in downtown Little Rock is now in place after a $550,000 transaction.
RBA Broadway Partners LLC, led by Andy Collins, bought the 5,644-SF commercial building at 403-413 W. Seventh St., the one-time home of Bill’s Lock & Safe, Ciao Restaurant, Blackberry Molasses Boutique and Coco Elite Boutique. The seller is Spring Street Holdings LLC, led by David Bogard and Jeff Duncan.
The 0.48-acre property, which includes a northern slice of the parking lot behind the building, will be combined with a neighboring, equal-sized parcel to facilitate development of a Chick-fil-A.
That adjoining property, owned by RBA Broadway Partners, houses a 5,046-SF former McDonald’s at 701 Broadway.
Last month, the city agreed to allow Chick-fil-A to use the alley between the properties to facilitate the restaurant’s planned drive-through. That 56-year franchise agreement is tied to Chick-fil-A paying the city $198,000 this month.
Did you know that another chicken-centric eatery looked at setting up shop at the old McDonald’s site?
A KFC franchisee signed a lease on the property in December 2019. But that agreement with FQSR LLC, an affiliate of KBP Foods of Overland Park, Kansas, was terminated in July 2020.