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Photography available after free registration below
Virtual Drive-By

Food Lion

1715 Main Street · North Little Rock, AR 72114 · Specialty Retail

Asking price
$270,000
Cap rate
7.00%
NOI
$150,000

Need financing on this deal

We run the asking price and cap rate against a network of 7,000+ lenders to return indicative terms, then package a lender memorandum. Takes about two minutes and we will need your target leverage and timing.

Lease

Lease type—
Term remaining—
Expiration—
Rent bumps—
Options—
Ground leaseNo
Credit profile—
Tenancy—

Planning a 1031 Exchange

Give us your relinquished sale close date and we will calculate your 45-day identification and 180-day closing deadlines, track the clock, and surface matching inventory before it expires. We coordinate directly with your Qualified Intermediary and can introduce one if you have not yet engaged an exchange accommodator. Investment Grade does not provide tax or legal advice.

Property

Building SF3,640
Price / SF$74
Year built1960
Lot size—
TypeRetail
Days on market78

Need year-one bonus depreciation

Building age, size and improvement mix drive how much of this asset a cost segregation study can accelerate into year one. Tell us your tax year and entity and we will model the deduction.

Investment highlights

Catering Venue for Sale – Prime North Little Rock Location A must-see in-house catering venue located on Main Street in North Little Rock, just minutes from the vibrant Argenta District. This property is ideal for hosting on-site banquets and managing off-site catering events. The venue includes two banquet rooms, one private office, and a fully equipped commercial kitchen featuring a commercial oven, walk-in cooler, 25-count food warmer, and prep tables. A dedicated dishwashing room includes a commercial dishwasher and multiple sinks for efficient operation. An oversized attached garage provides ample storage for catering supplies and smallwares, as well as housing a delivery van. Note: Equipment, supplies, and van are not included in the building sale but are available for optional purchase.

Take the next step on this property

We represent buyers on a cooperating commission basis. On the majority of transactions there is no separate fee to you.

Register to view photography and request the offering memorandum

Property details and lease terms are open. Photography, the offering memorandum, lease abstract and due diligence materials are shared with registered buyers.

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Asking-market observation aggregated from public listing sources, last observed Sep 25, 2026. Figures are asking price and asking cap rate as published by the listing party, not a verified closed transaction. Lease terms shown where reported by the listing party and not independently verified. Shown for market reference only; this is not an offering. Investment Grade Income Property, LP represents buyers on a cooperating commission basis.