California Firm Buys BJ’s Brewhouse Property for $4.2M

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Commercial property occupied by BJ’s Brewhouse, a freestanding restaurant, was sold on Dec. 27 for $4.2 million to Four Corners Property Trust of Mill Valley, California.

The seller, represented by Todd Rice of Colliers International Arkansas, was Shackleford Crossings Investors, LLC.

The 8,500-SF restaurant at 2624 Shackleford Road in the Shackleford Crossings shopping center in Little Rock has been ground-leased by BJ’s since 2014. That lease is in place through 2034.