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Walgreens Little Rock MSA 9.00 CAP 15500 Chenal Pky 14,732 SF Retail Building Little Rock, AR 72211 $8,057,930 CAD ($546.97 CAD/SF) 9% Cap Rate
INVESTMENT HIGHLIGHTS
- In the past 5 years, 691 multi-family units, including the 331-unit 'Fitzroy Promenade', have been built in the immediate 2- mile radius. In addition,
- Frontage on Chenal Parkway (39,000 VPD) and Wellington Hills Road (5,905 VPD)
- Within a 4-mile radius there are three major hospitals with a combined bed count of over 1,066 beds.
- 2.7 million sf of retail space in a 2-mile radius. 1 mile north of the property is the Promenade at Chenal, a 306k sf open-air lifestyle center.
- Located in a dense affluent area with average household income of over $121k and a population of more than 45,000 residents in a 3-mile radius.
EXECUTIVE SUMMARY
Listed in conjunction with Brian Brockman, Bang Realty, 513-898-1551, wg@bangrealty.com, AR DRE Lic. PB00082359.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Drug Store
Building Size
14,732 SF
Building Class
B
Year Built
2008
Price
$8,057,930 CAD
Price Per SF
$546.97 CAD
Cap Rate
9%
NOI
$725,225 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
1.67 AC
Zoning
Commercial
Parking
52 Spaces (3.53 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Drive Thru
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 44L-075-04-003-00 | Improvements Assessment | $284,524 CAD |
| Land Assessment | $457,805 CAD | Total Assessment | $742,329 CAD |
PROPERTY TAXES
Parcel Number
44L-075-04-003-00
Land Assessment
$457,805 CAD
Improvements Assessment
$284,524 CAD
Total Assessment
$742,329 CAD
(619) 297-0055
x302
CONTACTS
-
Jason Pongsrikul -
Chris Barry -
Pharma Property Group- Drugstore Specialists
1 of 4
VIDEOS
MATTERPORT 3D EXTERIOR
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Walgreens Little Rock MSA 9.00 CAP | 15500 Chenal Pky
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