8815 Stagecoach Rd, Little Rock, AR 72210

PRICE REDUCED to 11.1 % CAP. This site is vacant with Walgreens continuing to pay the rent. Submit all offers. 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. Existing loan at 3.8%, 6 years remaining, which may be assumjable.

The lease includes over 11 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.