15500 Chenal Pky - Drug Store FOR SALE


Little Rock, AR 72211- Rock Creek
$7,425,715 USD
858-373-3184
15500 Chenal Pky, Little Rock, AR for Sale
$7,425,715 USD
Drug Store - FOR SALE
1/9
null | 7% Cap Rate

15500 Chenal Pky
Little Rock, AR 72211
Rock Creek


HIGHLIGHTS

  • NNN Lease. 17+ Year Historical Occupancy Demonstrating Strong Commitment to the Location. Serves Beer & Wine, and Features a Drive-Thru Pharmacy.
  • Prime Chenal Parkway Signalized Hard Corner Location - Along Chenal Parkway, one of Little Rock’s most Affluent & Heavily Trafficked Retail Corridors.
  • Walgreens is a Leading U.S. Retail Pharmacy with over 8,000 Stores Currently Operating throughout the U.S. and Puerto Rico.
  • Densely Populated and Affluent Area: Average Household Income of more than $121k w/in a 3-Mile Radius and 90k+ People Residing w/in 5 Miles.
  • Strong West Little Rock Population Growth Trends - West Little Rock Continues to Capture Residential Growth as new Housing Developments Expand.
  • Direct Access to Interstate 430 - Minutes from Interstate 430, providing Direct Connectivity to Interstate 630 and Interstate 30.

OVERVIEW

Walgreens | NNN Lease | Near Chenal Valley Master Planned Community | Signalized Hard Corner | Densely Populated & Affluent Area: $121k+ Avg. HHI | 17+ Year Historical Occupancy | Immediate Area Experiencing Major Growth | Convenient Access to Downtown Little Rock | Strong Retail Synergy Nearby | Direct Access to I- 430 | Minutes from The Promenade At Chenal Open Air Lifestyle Center 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

$7,425,715 USD

PRICE/SF

$507 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

WALGREENS | NNN | 17+ YR HISTORICAL OCCUPANCY

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

ADD'L SUBTYPES

Convenience Store, Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

52

LAND DETAILS

LAND ACRES

1.67 AC

LAND SF

72,745 SF

ZONING

-

APN/PARCEL ID

44L-075-04-003-00

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.