215 Markham Center Dr - Office FOR SALE


Little Rock, AR 72205- West Markham
$1,318,000 USD
858-373-3184
215 Markham Center Dr, Little Rock, AR for Sale
$1,318,000 USD
Office - FOR SALE
1/9
null | 7% Cap Rate

215 Markham Center Dr
Little Rock, AR 72205
West Markham


HIGHLIGHTS

  • 10 Year Lease Featuring 2% Annual Rental Increases throughout the Initial Term & Options. Cardinal Health has Occupied the Facility since 1994.
  • The Area Enjoys the Densest Daytime Population in the State thanks to four Hospitals, more than 1 Million Sq.ft. of Retail and more.
  • Investment-Grade Tenant and Exceptional Credit & Corporate Stature - Cardinal Health (NYSE: CAH), a Fortune 500 company generating $223B in Revenue.
  • Epicenter of Arkansas's Premier Medical District - Strategically Positioned within the 72205 Zip Code, the Single Most Hospital-Dense Zip Code in AR.
  • Approximately 2.6 Miles from UAMS - Arkansas's Only Academic Health Sciences University and Largest Public Employer.
  • Densely Populated and Affluent Area: Features an Average Household Income of $100k+ within a 3-Mile Radius and over 134k People Residing w/in 5 Miles.

OVERVIEW

Cardinal Health (NYSE: CAH) | Global Manufacturer and Distributor of Medical and Laboratory Products | Investment Grade Tenant (S&P: BBB) | 30+ Year Historical Occupancy | Densest Daytime Population in the State | Epicenter of Arkansas's Premier Medical District | Down the Street from Baptist Health Medical Center and Near Numerous other Major Medical Centers | Densely Populated and Affluent Area 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

$1,318,000 USD

PRICE/SF

$293 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

CARDINAL HEALTH NYSE: CAH - GLOBAL MEDSUPPLY

PROPERTY TYPE

Office

ADD'L SUBTYPES

Freestanding, Distribution, Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

A

YEAR BUILT

1994

SPRINKLERS

-

PARKING SPACES

29

LAND DETAILS

LAND ACRES

0.49 AC

LAND SF

21,344 SF

ZONING

O-3

APN/PARCEL ID

44L-046-01-010-00

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.