A Little Rock group plans to open a Tokyo House sushi restaurant in Rogers after a $1.6 million purchase.
The group, led by Jimmy Zhang, bought an approximately 7,000-SF building at 401 N. 46th St. on Rogers’ Restaurant Row in a deal that closed Sept. 9. The group operates a Tokyo House in Little Rock. The seller was CBS Hopper LLC, led by Tom Hopper of Rogers, who developed the Scottsdale Center where the restaurant is located.
The building was most recently a State Fare restaurant and, previously, an O’Charley’s. Hopper paid O’Charley’s $1 million in 2011 for the property, which O’Charley’s had bought from Hopper’s Tallgrass LLC for $650,000 in 2001.
The property was listed for sale at $1,775,000 by David Erstine of CBRE in Fayetteville. Zack Kifer of Moses Tucker Real Estate represented the buyers, who hope to be able to refit the restaurant and open by the end of the year.
Kifer said the group tentatively plans to expand into Fayetteville if the Rogers restaurant does well.
“There’s not a sushi concept [on Restaurant Row] there, so they think they can thrive,” Kifer said. “I think it’s a good fit.”