Share This Listing

Message

957 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

Investment Highlights

  • New 10-year NNN lease commencing August 1, 2026, with 2% annual increases and two, five (5)-year options
  • Passive income stream, ideal for 1031 exchange and private investors
  • Landlord committed six figure TI agreement with renewal (details available upon CA)
  • Fully occupied by Cardinal Health, a publicly-traded, nationally recognized healthcare company with 30+ years at this location (since 1994)
  • Highly-visible location along W. Markham with 18,000 vehicles per day and immediate access to I-430/I-630

Executive Summary

Colliers | Arkansas is pleased to offer investors an opportunity to purchase 215 Markham Center Drive in Little Rock, Arkansas, fully occupied by Cardinal Health, a nationally recognized, publicly traded healthcare group. Cardinal Health recently extended a new 10-year NNN lease with 2% annual rental escalations. This investment-grade tenant’s long-term commitment and healthcare-use profile provide investors with strong income security and downside protection. Cardinal Health has occupied the facility since 1994, signifying dedication to the property for over three decades. Moreover, as part of Cardinal Health’s renewal, the current ownership group has put in a six figure tenant improvement allowance.

Property Facts

Sale Type
Investment NNN
Property Type
Office
Building Size
4,505 SF
Building Class
C
Year Built
1994
Price
$1,367,000
Price Per SF
$303.44
Cap Rate
6.75%
NOI
$92,250
Tenancy
Single
Building Height
1 Story
Typical Floor Size
4,505 SF
Building FAR
0.21
Lot Size
0.49 AC
Zoning
O-3
Parking
29 Spaces (6.44 Spaces per 1,000 SF Leased)

Amenities

  • Signage

Major Tenants Click Here to Access

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Manufacturing
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000

Cardinal Health is a publicly traded healthcare services and products company that supports the delivery of pharmaceuticals and medical supplies across the healthcare continuum. Founded in 1971 as Cardinal Foods by Robert D. Walter, the company initially operated as a food distributor before shifting its focus to pharmaceutical distribution in the late 1970s. The organization adopted the Cardinal Health name in 1994 as its healthcare operations expanded. Headquartered in Dublin, Ohio, Cardinal Health operates primarily through pharmaceutical and medical segments. Its activities include pharmaceutical distribution, specialty solutions, medical product manufacturing, and logistics services supporting hospitals, pharmacies, physician offices, and other care settings. The company has also developed capabilities in nuclear pharmacy services, biopharma solutions, and supply chain optimization. Cardinal Health is listed on the New York Stock Exchange under the ticker symbol CAH. Over time, the company has reached several milestones, including its public offering in 1983 and strategic partnerships aimed at improving pharmaceutical sourcing and distribution efficiency. Today, Cardinal Health remains a significant participant in the U.S. healthcare supply chain, with operations extending internationally through select markets.

Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Manufacturing 99,999 SF $9.99 Lorem Ipsum Jan 0000

Property Taxes

Property Taxes

Parcel Number
44L-046-01-010-00
Land Assessment
$42,688
Improvements Assessment
$50,352
Total Assessment
$93,040
  • Listing ID: 39351739

  • Date on Market: 2/6/2026

  • Last Updated:

  • Address: 215 Markham Center Dr, Little Rock, AR 72205

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}