INVESTMENT OFFERING
SAB Capital is pleased to present Walgreens in Hot Springs, AR, 48 Miles southwest of Little Rock. The tenant currently has 4 years remaining in the base term of their absolute triple net (NNN) lease. The property is in a high growth area seeing an 8.6% increase since 2010. The lease is corporately backed by Walgreens Boots-Alliance who operate more than 8,200 stores nationwide and are growing.
- Walgreens in Hot Springs, AR | 48 Miles Southwest of Little Rock
- Zero Landlord Responsibilities | Absolute Triple Net (NNN) Lease Structure
- Robust Local Population Growth | 8.6% Increase in 5 Mile Radius Since 2010
- Dense Retail Trade Area | 1.3 Million Square Feet of Retail Within 1 Mile
- Corporately Guaranteed Lease | Walgreens is the 18th Ranked Company in the Fortune 500
- Close Proximity to Interstate Highway | Under 2 Miles From US-270
- National Retailers Located Nearby | Valero Superstop, Wendy’s, O’Reilly Auto Parts, FedEx and Many More
| Tenant | Price | Cap Rate | Lease Type | Square Feet | Status |
|---|---|---|---|---|---|
| Walgreens | $3,050,000 | 10.10% | Absolute NNN | 14,560 | Available |
