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Walgreens 1328 Stadium Blvd 16,500 SF Retail Building Jonesboro, AR 72401 $4,743,750 ($287.50/SF) 8% Cap Rate

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INVESTMENT HIGHLIGHTS

  • 7+ Years Remaining Before 1st Termination Option
  • Directly South of Arkansas State University
  • Absolute Net Lease - Zero Landlord Responsibilities

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Drug Store
Building Size
16,500 SF
Building Class
B
Year Built
2012
Price
$4,743,750
Price Per SF
$287.50
Cap Rate
8%
NOI
$379,500
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
1.95 AC
Opportunity Zone
Yes
Zoning
C3
Parking
79 Spaces (4.78 Spaces per 1,000 SF Leased)
Frontage
283’ on Stadium Blvd

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Retailer
  • -
  • -
  • -

Walgreens is a trusted and convenient local health destination that millions of Americans rely on every day. Their founder, Charles R. Walgreen Sr., was known for finding new ways to connect with customers on a personal level and treating each person like a guest in his own home. For over a century, they have expanded that personal connection through their network of neighborhood pharmacies and their innovative health services and products. The foundation for all of this is their trusted pharmacy expertise, and their team members who provide essential care that helps people achieve better health outcomes at an affordable cost.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Retailer - - -

NEARBY MAJOR RETAILERS

Walmart Neighborhood Market
Buffalo Wild Wings
Checkers
Buddy's Home Furnishings
Rent One Home Furnishings
Starbucks
Regions Bank
7 Brew Coffee
Centennial Bank
Orangetheory Fitness

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
01-144211-01701
Land Assessment
$305,791
Improvements Assessment
$328,041
Total Assessment
$633,832
  • Listing ID: 38082002

  • Date on Market: 10/15/2025

  • Last Updated:

  • Address: 1328 Stadium Blvd, Jonesboro, AR 72401

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