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Shopping Strip

Octapharma Anchored Strip Center | 100% Occupied | Dense Traffic Area | Little Rock, AR

5121 Warden Rd, North Little Rock, AR 72116

Listing Price: $2,018,000

Cap Rate
8.00%
Gross SF
15,000
Rentable SF
15,000
Price/Gross SF
$134.53
Lot Size
1.19 acres
Year Built
1984

Investment Overview

Marcus & Millichap is pleased to bring to market an Octapharma Plasma Anchored Strip Center located in Little Rock, AR.

Investment Highlights

  • 15,000-SF, 100% Occupied Two Tenant Center | New Roof in 2020 with Warranty | Parking Lot was Repaved in 2021 and Three Additional Parking Spaces Added in 2024
  • Corporately Guaranteed Lease with Octapharma Plasma, a National Tenant With Over 195 Locations Worldwide
  • In 2023 Octapharma Invested in Significant Interior Improvements and Extended their lease 10-years
  • With Over 15-years of Successful Operating History at the Subject Property, Octapharma Has 9- Years Remaining, With Two, 5-Year Options and a 10% Rent Increase in 2029
  • Lucky's Pawn & Loan Shop has 2% Annual Rent Increases, With Two, 5-Year Renewal Options, and Tenant Completed Additional Interior Renovations in 2024
  • Property Features Large Pylon Signage With Excellent Visibility From Both Warden Road and US-67/US-167 | Two Points of Ingress and Egress With a Third Point in Rear of Property
  • Dense Traffic Area Along US-67, Seeing 83,000+ Vehicles Per Day | US-67 is a Major Traffic Artery Into Interstate-40 and Downtown Little Rock | 11,000 Vehicles Per Day Along Warden Road in a Dense Retail and Office Corridor
  • Close Proximity to Multiple National Tenants Including Sam's Club, Tractor Supply, Best Buy, Home Depot, Lowe's, Walmart Supercenter, McCain Mall, and More | 10 Miles From Downtown Little Rock and 1.5 Miles From CHI St. Vincent North Hospital, a Major 600 Bed Medical Center

Exclusively Listed By

Broker of Record

  • Steve Greer

    First Vice President Investments

    (225) 376-6729

    License(s) AR: PB00098133

    Arkansas

Financing By

Shopping Strip

Octapharma Anchored Strip Center | 100% Occupied | Dense Traffic Area | Little Rock, AR

Listing Price: $2,018,000

Cap Rate
8.00%
Gross SF
15,000
Rentable SF
15,000
Price/Gross SF
$134.53
Lot Size
1.19 acres
Year Built
1984

Investment Highlights

  • 15,000-SF, 100% Occupied Two Tenant Center | New Roof in 2020 with Warranty | Parking Lot was Repaved in 2021 and Three Additional Parking Spaces Added in 2024
  • Corporately Guaranteed Lease with Octapharma Plasma, a National Tenant With Over 195 Locations Worldwide
  • In 2023 Octapharma Invested in Significant Interior Improvements and Extended their lease 10-years
  • With Over 15-years of Successful Operating History at the Subject Property, Octapharma Has 9- Years Remaining, With Two, 5-Year Options and a 10% Rent Increase in 2029
  • Lucky's Pawn & Loan Shop has 2% Annual Rent Increases, With Two, 5-Year Renewal Options, and Tenant Completed Additional Interior Renovations in 2024
  • Property Features Large Pylon Signage With Excellent Visibility From Both Warden Road and US-67/US-167 | Two Points of Ingress and Egress With a Third Point in Rear of Property
  • Dense Traffic Area Along US-67, Seeing 83,000+ Vehicles Per Day | US-67 is a Major Traffic Artery Into Interstate-40 and Downtown Little Rock | 11,000 Vehicles Per Day Along Warden Road in a Dense Retail and Office Corridor
  • Close Proximity to Multiple National Tenants Including Sam's Club, Tractor Supply, Best Buy, Home Depot, Lowe's, Walmart Supercenter, McCain Mall, and More | 10 Miles From Downtown Little Rock and 1.5 Miles From CHI St. Vincent North Hospital, a Major 600 Bed Medical Center

Investment Overview

Marcus & Millichap is pleased to bring to market an Octapharma Plasma Anchored Strip Center located in Little Rock, AR.

Exclusively Listed By

Broker of Record

  • Steve Greer

    First Vice President Investments

    (225) 376-6729

    License(s): AR: PB00098133

    Arkansas

Financing By

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