106 Markham Park Dr - Freestanding FOR SALE


Little Rock, AR 72211- Walnut Valley
$1,537,536 USD
858-373-3184
106 Markham Park Dr, Little Rock, AR for Sale
$1,537,536 USD
Freestanding - FOR SALE
1/7
null | 6.25% Cap Rate

106 Markham Park Dr
Little Rock, AR 72211
Walnut Valley


HIGHLIGHTS

  • Recent Option Exercised and Near 40 Year Historical Occupancy Demonstrating Strong Commitment to the Location.
  • Lease Features a 10% Rental Increase at the First Option.
  • Sherwin Williams (NYSE: SHW) features Investment Grade Credit Rating “BBB” by S&P’s & Annual Revenue Exceeding $23.1B.
  • Largest Coatings Company in the World by Revenue. Ranked #191 on the Fortune 500 List.
  • Immediate Access to Both I-630, Little Rock’s Primary East–West Corridor, and I-430, the City’s North–Aouth Loop.
  • Densely Populated and Affluent Area: Average Household Income of $94k+ within a 3-Mile Radius and over 124k People Residing within a 5-Mile Radius.

OVERVIEW

Sherwin-Williams | Investment Grade Credit Tenant | Near 40 Year Operating History | Recent Lease Extension | Within an Academy Sports, Michaels & Planet Fitness Retail Center | Densely Populated & Affluent Area | Immediate Access to I-630 and I-430 | Prime Location in West Little Rock Trade Area | Near Medical Offices, Professional Services and Retail Arkansas Broker of Record: Steve Greer | 10527 Kentshire Court, Suite B Baton Rouge, LA 70810 | P: (225) 376-6729 | Lic #: PB00098133 | Steve.Greer@MarcusMillichap.com

FOR SALE DETAILS

PRICE

$1,537,536 USD

PRICE/SF

$270 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

SHERWIN WILLIAMS | RECENT OPTION EXERCISED

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront, Manufacturing, Service

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1987

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.53 AC

LAND SF

23,087 SF

ZONING

-

APN/PARCEL ID

44L-062-05-006-00

ASK ABOUT THIS PROPERTY

Alvin MansourThe Mansour Group of Marcus & MillichapMore Info
858-373-3184

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Alvin MansourThe Mansour Group of Marcus & MillichapMore Info
858-373-3184

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.