11+ Yr Walgreens Little Rock AR

Little Rock, AR
SOLD
$7,676,908
/month
Arthur Griffith
Agent
Posted On
September 22, 2022
Bedrooms
This is some text inside of a div block.
Bathrooms
This is some text inside of a div block.
Area
Parking Spaces
This is some text inside of a div block.
Price
$7,676,908
CAP Rate
6.50%
Broker Fee
$100,000
Yrs Guaranteed
11.2
NOI
$498,999

Investment Highlights

  • Absolute NNN Lease – No Landlord Responsibilities
  • Strategic Location – 5 Miles From Downtown Little Rock, AR
  • Affluent Demographics, Avg. HH Incomes Almost $100K
  • High Traffic Corner – VPD Over 26,000
  • Backed by Full Walgreens Corporate Guaranty

This is an extremely well located Walgreens drugstore, at the hard corner of Rodney Parham Rd and Reservoir Rd, which is the main arterial for this area of town, and boasts a host of national retailers, such as AutoZone, Natural Grocers, Dollar General, Hertz, TJ Maxx, etc. With excellent access on both roads and a convenient drive thru, this store is well positioned to continue its solid sales performance. Just five miles from downtown Little Rock, with affluent demographics and a full WAG Guaranty, this property makes an excellent 1031 acquisition.

Download offering Memorandum
Address
City & State
󰨷
Little Rock, AR
Full Address
󰴖
9200 N Rodney Parkham Rd, Little Rock, Arkansas, 72227

Location

Interested in this property? Reach out by phone or email.

Call: (415) 730-3024

Email: atg@rxsyndicate.com