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Walgreens 115 Commons Dr 14,820 SF Retail Building Maumelle, AR 72113 $4,887,500 ($329.79/SF) 8.01% Cap Rate
Investment Highlights
- Long-Term Corporate Lease
- Strong Visibility & Traffic Counts
- Limited Competition
- Absolute NNN Lease Structure
- Kroger-Anchored Retail Synergy
- Essential, Recession-Resilient Tenant
Executive Summary
Broker of Record
Kyle Matthews
License # PB00084217 (AR)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Kyle Matthews
License # PB00084217 (AR)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Drug Store
Building Size
14,820 SF
Building Class
C
Year Built
2009
Price
$4,887,500
Price Per SF
$329.79
Cap Rate
8.01%
NOI
$391,489
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
1.73 AC
Parking
67 Spaces (4.52 Spaces per 1,000 SF Leased)
Frontage
651’ on Maumelle Blvd
Amenities
- Pylon Sign
- Signage
- Signalized Intersection
- Drive Thru
Nearby Major Retailers
Property Taxes
| Parcel Number | 42M-026-01-004-06 | Improvements Assessment | $301,155 |
| Land Assessment | $206,125 | Total Assessment | $507,280 |
Property Taxes
Parcel Number
42M-026-01-004-06
Land Assessment
$206,125
Improvements Assessment
$301,155
Total Assessment
$507,280
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Walgreens | 115 Commons Dr
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