Overview
- Price:
- $100,000 $ 7,676,908 11.2
- CAP Rate:
- 6.50%
- Buyer's Broker Fee:
- $100,000
- Years Guaranteed:
- 11.2
- NOI:
- $498,999
Investment Highlights
LITTLE ROCK, AR WALGREENS
- 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.
Documents
Address: 9200 N Rodney Parkham Rd.
City: Little Rock
State/County: Arkansas
Zip: 72227
Country: United States
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