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8902 Geyer Springs Rd
Little Rock, AR 72209 Cloverdale Watson

Price Upon Request

Drugstore For Sale  •  13,225 SF

Property Details

  • Property Type Drugstore
  • Total Building Size 13,225 SF
  • Lot Size 2.31 AC
  • Building Class B
  • Year Built 2015
  • Tenancy Single
  • Zoning C3
33 Transit Score
76 Walk Score

Highlights

Absolute Triple Net (NNN) Lease Which Allows For True Passive Investment and Zero Landlord Responsibilities
Long-Term Income Stream With Investment Grade Tenant - Nearly 20 Years of Lease Term Remaining With CVS (S&P: BBB)
Immediate Value-Add Opportunity - CVS Has Offered a Lease Buyout Allowing New Owner to Collect an Immediate Return and the Flexibility to Retenant
Strong Corporate Guarantee - CVS Health Corp; Reported Revenues of Over $268 Billion For FY 2020
New Construction - Delivery in 2015; Functional Building Design With Drive-Thru Allows For a Variety of Alternate Uses
Large Lot Size of 2.31 Acres Which Provides a New Investor the Option to Raze the Building and Redevelop as a Convenience Store or Other Use

Public Transportation

Commuter RailDriveWalkDistance
Little Rock Union Station (Texas Eagle - Amtrak) 14 min - 9.9 mi
AirportDriveWalkDistance
Bill and Hillary Clinton Ntl/Adams Field 13 min - 9.7 mi