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Property profile & analytics
FOR LEASE
Drug stores

609 Military Rd Benton, AR 72015

13,321 SF 2.16 ac lot Built 2016
Entity Owned 9-yr Hold Absentee Owner
Property ID
US05-2088658
Property summary
AI-generated overview

This exceptional freestanding retail property, formerly a CVS Pharmacy, presents a unique investment opportunity in Benton, Arkansas. Located at 609 Military Rd, this single-tenant building boasts a substantial 13,321 square feet of vacant space, ready for immediate occupancy. The property sits on a generous 2.16-acre lot, providing ample parking and visibility for any business. Its strategic location in Saline County, with easy access from Military Road, ensures high traffic volume and excellent exposure to potential customers. The building's previous use as a pharmacy suggests suitability for a variety of retail uses, potentially including medical, convenience, or other similar businesses. The property's size and layout offer flexibility for customization to meet the specific needs of a new tenant. The building is currently completely vacant, presenting a blank canvas for a new business to establish a strong presence in the Benton market. This is a rare opportunity to acquire a well-located, sizable retail space in a thriving community. The property's high visibility and ample parking make it an ideal location for a business seeking maximum exposure and customer convenience. The 72015 zip code offers access to a strong local customer base. This property is ready for immediate development and occupancy.

Property profile
Verified
Property type Drug stores
Use group DRUG STORE, PHARMACY
Year built 2016
Total area 13,321 SF
Lot 2.16 ac (94,090 SF)
APN 800-15400-000
UPID US05-2088658
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • UPS Access Point location Courier Service Postal Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.25M
Comparable Approach Comparable
$1.99M
Blend (final) Blend
$1.95M
Owner & transaction history
Benton Military LLC · 9 yrs held
Benton Military LLC
since 2016
2 recorded transactions
2016
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building $1.3M +0.6%
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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