Walgreens

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

$4,000,000

Price

7.63%

Cap Rate

$305,000

NOI

Overview
Cap Rate
7.63%
NOI
$305,000
Building Size
14,560 sqft
Lot Area
1.63 acres
Occupancy
100%
Year Built
2004
Floors
1
Description

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Jacksonville, Arkansas is a vibrant city located in the central part of the state. Situated just northeast of Little Rock, it's part of the Little Rock-North Little Rock-Conway Metropolitan Statistical Area. Jacksonville has a rich history, particularly due to its significant military presence with the Little Rock Air Force Base nearby.

The city offers a mix of suburban and urban amenities, making it an attractive place to live and work. You'll find a variety of residential neighborhoods, ranging from established communities with tree-lined streets to newer developments. The cost of living is generally reasonable compared to larger cities in the region.

For outdoor enthusiasts, there are several parks and recreational areas in and around Jacksonville. Dupree Park is a popular spot with walking trails, playgrounds, and picnic areas. Additionally, the Arkansas River is not far away, providing opportunities for boating, fishing, and other water activities.

In terms of culture and entertainment, Jacksonville has a range of dining options, shopping centers, and local events throughout the year. Its proximity to Little Rock also means residents have access to even more amenities, including museums, theaters, and nightlife.

Overall, Jacksonville, Arkansas offers a balanced lifestyle with a strong sense of community, making it an appealing place for individuals and families alike.

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

Location
Gallery