819 Main St Jacksonville, AR 72076

This exceptional investment opportunity presents a 14,560 square foot Walgreens pharmacy in Jacksonville, Arkansas. Built in 2004, this absolute NNN leased property boasts a drive-thru, high-image store prototype, and a prime location on a hard corner at a signalized intersection. The lease, with a corporate guarantee, has approximately five years remaining, with ten, five-year renewal options. The property sits on 1.63 acres and benefits from excellent visibility and accessibility. The current lease commenced January 1, 2004, and expires November 30, 2029. The asking price is $3,389,000, representing a 9.00% cap rate and a price per square foot of $232.76. The property generates a net operating income (NOI) of $305,000 annually. This is a strong investment opportunity anchored by Walgreens, the second largest pharmacy chain in the United States, in a suburban Little Rock location with nearby national tenants including Subway, McDonald's, Wendy's, Dollar General, and Popeyes. The property features rent bumps and is 100% occupied. This is a rare opportunity to acquire a well-performing, low-maintenance, net-leased property with a strong tenant and significant remaining lease term.