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21382303
21382304

7601 Cantrell Rd, Little Rock, AR 72227

TF
CA CA 02137435
Matthews
CK
CA 01911198
Matthews
Listed by Matthews
$5,409,960
496 days on market
Updated 52 days ago

DARK WALGREENS - LITTLE ROCK, AR - 10.00% CAP

Details
Property Type Retail
Sub Type Convenience Store, Grocery Store (+1)
Square Footage 10,680
Cap Rate 10.00%
NOI $540,996
Occupancy 100%
Tenancy Single
Brand/Tenant Walgreens, CVS Pharmacy (+1)
Lease Type Absolute NNN
Remaining Term 8.5
Price per SqFt $1,025
Class A
Year Built 2008
Buildings 1
Stories 1
Acreage 1.490

8.5 YEARS REMAINING | CORPORATE GURANTEE | 10,680 SF

Investment highlights

  • CORPORATE GUARANTEE – Rent is guaranteed by Walgreens Corporate. The property is ranked #27 on the Fortune 500 list as of January 2025.

  • ABSOLUTE NNN – This lease offers zero landlord responsibilities, making this ideal for an investor looking for an extremely passive and secure investment.

  • EXCELLENT VISIBILITY & TRAFFIC COUNTS – This property is easily seen, as it is situated on the hard corner of Cantrell Road and North Mississippi Street (Combined Traffic Count: ±44,000 VPD).

  • STRONG RETAIL CORRIDOR – There is a strong mix of National and regional tenants surrounding this Walgreens property including Starbucks, Firestone Complete Auto Care, Armor Bank, Food Giant, McDonald’s, 7 Brew Coffee, Citizens Bank, and many more.

  • LIMITED NEARBY COMPETITION – This property is the only national drugstore within the immediate trade area.

  • LITTLE ROCK MSA – Little Rock has a growing metropolitan population with over 750,000 residents in the Little Rock, North Little Rock, and Conway MSA.

Listing Contacts

TF
CA CA 02137435
Matthews
CK
CA 01911198
Matthews
Listed by Matthews

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$540,996.00
$45,083.00/mo

Valuation Metrics

0
DSCR
10%
Cap Rate
10%
ROI

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Additional Information

Name
Kyle Matthews
License
PB00084217 (AR)
Brokerage
Matthews Real Estate Investment Services, Inc
Brokerage Phone
(866) 889-0550
Title
Broker of Record
Brokerage Address
1600 West End, Ste. 1500 Nashville, TN 37203
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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