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Walgreens

$1,975,000

819 W Main St, Jacksonville (Little Rock), AR 72076

Active
Last Updated: 05/08/2025

15.44

Cap Rate

305,000

NOI

Details:
Cap Rate:    15.44%
NOI:    $305,000
Building Size:    14,560 sqft
Lot Area:    1.63 acres
Occupancy:    100%
Year Built:    2004
Floors:    1
Highlights:
  • Absolute NNN Lease - Zero Landlord Responsibilities
  • 2004 Build to Suit for Walgreens - Drive Thru Equipped High Image Drug Store Prototype
  • Hard Corner Location at a Signalized Intersection - Excellent Visibility and Access
  • Approximately 5 Years Remaining on the Lease with 10, 5 Year Options to Renew
  • 14,560 Square Feet Building Situated On 1.63 Acres Of Land
  • Walgreens is the Second Largest Pharmacy Chain in the United States and Operates Approximately 8,700 Locations in 50 States
  • Suburban Little Rock Location
  • National Tenant's Surrounding Investment Property: Subway, McDonald's, Wendy's, Dollar General, Popeyes Louisiana Kitchen And Many More
Description:

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Little Rock is a cultural, economic, government, and transportation center within Arkansas and the South. Several cultural
institutions are in Little Rock, such as the Arkansas Arts Center, the Arkansas Repertory Theatre, and the Arkansas Symphony
Orchestra, in addition to hiking, boating, and other outdoor recreational opportunities. Little Rock's history is available through
history museums, historic districts or neighborhoods like the Quapaw Quarter, and historic sites such as Little Rock Central High
School. The city is the headquarters of Dillard's, Windstream Communications, Acxiom, Stephens Inc., the University of Arkansas
for Medical Sciences, Heifer International, the Clinton Foundation, and the Rose Law Firm. Other large corporations, such as
Dassault Falcon Jet and LM Wind Power have large operations in the city. The state government is a large employer, with
many offices being in downtown Little Rock. Two major Interstate highways, Interstate 30 and Interstate 40, meet in Little Rock,
with the Port of Little Rock serving as a shipping hub

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