855 S Miller Drive, Walnut Ridge, AR 72476

Building Details

Year Built

1997

Listing office Bang Realty c***@alphare.com Show Phone

Listing date Jun 25, 2026

Source Alphare

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Overview

This offering is an NNN investment property presented as a “bite-sized” deal positioned for 1031 exchange investors, supported by a stated strong operating history. The remarks describe a lease framework that addresses shared capital expenditures by allocating the lessee’s share based on documented costs and the expected useful life in months, using terms to be mutually agreed by lessor and lessee. The lease language also states that the lessor covers any difference between total documented cost and the lessee’s share, with reimbursement due within 30 days of completion.

The property is located at 855 S Miller Drive in Walnut Ridge, Arkansas. The seller’s remarks further characterize the market as fully occupied and cite the state’s pro-business environment as a supporting factor.

For tenants and operators, the practical takeaway is that the structure is already in place under a net lease arrangement, with a clearly described method for handling shared capital expenditures during the remaining lease term. For buyers, the opportunity is framed around stability from a fully occupied market and an operating history referenced in the materials, along with the outlined capex reimbursement mechanics.

Suggested Use

Building Supply Big Box & Wholesale Store Storage Facility Garden Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Walnut Ridge

County

Lawrence

State

Arkansas

Longitude

-90.9128

Latitude

36.1072

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FAQs

What type of property is this?

1031 exchange property - Fully occupied NNN structure in a pro-business state, with documented operating history and a defined shared-capex framework.

Where is this 1031 exchange property located?

The property is located at 855 S Miller Drive Walnut Ridge, AR.

What is the asking price?

The asking price for this property is $1,591,350.

What are key features of this property?

This property features: Year built: 1997; Fully occupied NNN structure with documented operating history; NNN lease structure includes a shared‑capex framework tied to documented costs and expected useful life in months