8815 Stagecoach Rd - Drug Store FOR SALE


Little Rock, AR 72209- Otter Creek Crystal
$4,312,500 USD
310-435-9106
8815 Stagecoach Rd, Little Rock, AR for Sale
$4,312,500 USD
Drug Store - FOR SALE
1/10
null | 8% Cap Rate

8815 Stagecoach Rd
Little Rock, AR 72209
Otter Creek Crystal


HIGHLIGHTS

  • 12 Years remaining on initial lease term
  • True NNN with tenant responsible for CAM, taxes and insurance
  • Walgreens was recently acquired by financially stable private equity firm

OVERVIEW

This exclusively listed Walgreens property, located at 8815 Stagecoach Road in Little Rock, Arkansas, is offered on a fee simple basis and is backed by an absolute NNN lease, providing investors with zero landlord responsibilities and a truly passive income stream. The lease includes over 12 years remaining on the original term, and while the site is currently dark (recently closed), it continues to generate full rent, offering long-term, stable cash flow. There is also potential for a substantial lease buyout by Walgreens, presenting a unique opportunity for value realization. The tenant is responsible for all property maintenance, taxes, insurance, and operating expenses, further reinforcing the passive nature of the investment. Strategically positioned at the signalized intersection of State Route 5 and State Route 338, the site benefits from excellent visibility and high traffic counts, with approximately 28,000 vehicles per day. In a significant corporate development, Walgreens was recently acquired by Sycamore Partners, a well-capitalized private equity firm with plans to aggressively revitalize the company’s operations, enhancing the long-term credit profile and lease security.

FOR SALE DETAILS

PRICE

$4,312,500 USD

PRICE/SF

$290 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Walgreens

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2012

SPRINKLERS

-

PARKING SPACES

85

LAND DETAILS

LAND ACRES

1.88 AC

LAND SF

81,893 SF

ZONING

C-3

APN/PARCEL ID

44L-189-02-001-00

ASK ABOUT THIS PROPERTY

Daniel CorcoranCorcoran Group of CaliforniaMore Info
310-435-9106

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Daniel CorcoranCorcoran Group of CaliforniaMore Info
310-435-9106

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