1325 Main St Cabot, AR 72023
High-yield Walgreens, Absolute NNN lease.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 138
Highlights
- $3,879,000 asking price, 8.25% cap rate, and $320,000 NOI.
- Absolute NNN lease with Walgreens, a corporate guaranteed lease, with approximately eight years remaining.
- 13,386 square foot, single-story building on a 1.59-acre lot with 50 parking spaces, built in 2007.
- High-visibility, signalized corner location on Main Street in Cabot, AR (suburb of Little Rock).
- Located within two miles of five schools (over 5,000 students and faculty) and across from a Kroger grocery store (675,000 annual visits). Only major corporate drugstore in the immediate trade area.
Property Details for 1325 Main St
- Property type
- Retail properties, Drug stores
- Square Feet
- 13,386 SF
- Year Built
- 2007
- Buildings
- 1
- Stories
- 1
- Lot Size (sq. ft)
- 69,260 SF
- Units
- 1
Location Insight
- City
- Cabot
- County
- Lonoke
- State
- Arkansas
- Latitude
- 34.977915262228
- Longitude
- -92.028913046248
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - High-yield Walgreens, Absolute NNN lease.
- Where is the retail property located?
- The property is located at 1325 Main St Cabot, AR.
- What is the asking price?
- The asking price for this property is $3,879,000.
- What are key features of this property?
- This property features: $3,879,000 asking price, 8.25% cap rate, and $320,000 NOI.; Absolute NNN lease with Walgreens, a corporate guaranteed lease, with approximately eight years remaining.; 13,386 square foot, single-story building on a 1.59-acre lot with 50 parking spaces, built in 2007.
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