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Drug Store

Walgreens | Abs. Net | Proposed CFA Adjacent | Signalized Hard Corner | Near University of Arkansas

4015 W Wedington Dr, Fayetteville (Northwest Arkansas), AR 72704

Listing Price: $5,437,500

Cap Rate
8.00%
Tenant Name
Walgreens
Years Remaining On Lease
8.1
Gross SF
14,820
Guarantor
Corporate Guarantee
Rentable SF
14,820
Price/Gross SF
$366.90
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$29.35

Investment Overview

Fayetteville is a principal city within the Northwest Arkansas Metropolitan Statistical Area, one of the fastest growing regions in the United States. Anchored by the University of Arkansas, the city benefits from a stable and diversified economic base driven by education, healthcare, corporate headquarters, logistics, and advanced manufacturing. The University of Arkansas enrolls more than 32,000 students and serves as a major research institution, supporting consistent population growth, workforce development, and housing demand.

Northwest Arkansas is home to several Fortune 500 companies including Walmart Inc. in Bentonville, Tyson Foods in Springdale, and J.B. Hunt Transport Services in Lowell. These corporate headquarters generate significant employment and attract national suppliers, professional services firms, and technology companies to the region. The area’s strong job market and business-friendly environment continue to drive in-migration and residential expansion.

Washington Regional Medical Center, one of the largest healthcare providers in the region, further strengthens Fayetteville’s employment base and daily population. The presence of Interstate 49 provides efficient regional connectivity between Fayetteville, Springdale, Rogers, and Bentonville, facilitating commuter traffic and retail accessibility.

The Northwest Arkansas region has consistently ranked among the nation’s top metros for quality of life, economic growth, and job creation. Population growth, rising household incomes, and ongoing residential development have reinforced long-term retail demand. As the cultural and educational hub of Northwest Arkansas, Fayetteville benefits from a unique blend of university-driven stability and corporate-backed economic momentum, positioning the area for continued expansion and sustained commercial real estate performance.

Investment Highlights

  • NNN Lease. 11+ Year Historical Occupancy Demonstrating Strong Commitment to the Location. This Location Serves Beer & Wine, and Features a Drive-Thru Pharmacy.
  • Ranked in the Top 26% in the Chain Nationwide and Top 18% in Arkansas per Placer.ai based on Foot Traffic.
  • Situated at a Highly Visible Signalized Intersection along West Wedington Drive, one of Fayetteville's Major Commercial Arteries, offering Strong Daily Traffic Counts (33k Vehicles).
  • Walgreens is a Leading U.S. Retail Pharmacy with over 8,000 Stores Currently Operating throughout the U.S. and Puerto Rico. In August 2025, Walgreens Boots Alliance was Acquired Privately by Sycamore Partners, a New York-based Private Equity Firm.
  • Minutes from University of Arkansas - the Largest University in the State with 32k+ Students Enrolled. Ranked 13th among Universities with the most Graduates working at top Fortune 500 Companies.
  • Fayetteville sits within the High-Growth Northwest Arkansas MSA, one of the Fastest-Growing Metropolitan Areas in the Country Driven by Corporate Expansion and in-Migration. Densely Populated and Affluent Area: Features an Average Household Income of more than $87k within a 1-Mile Radius and over 95k People Residing within a 5-Mile Radius.
  • In Close Proximity to VA Medical Center-Fayetteville – a Major Regional Healthcare Provider Serving Veterans across Northwest Arkansas, Generating Consistent Daily Traffic from Medical Staff, Patients, and Visiting Family Members.
  • Near Numerous National Retailers including Walmart Neighborhood Market, Walmart Supercenter, Lowe's, Aldi, Harps Food Stores and other that serve as Dominant Traffic Generators for the Broader West Fayetteville Submarket. Immediate Access to Interstate 49 – Northwest Arkansas' Primary North-South Artery Connecting Fayetteville, Springdale, Rogers, and Bentonville, Facilitating Commuter Traffic and Regional Retail Draw.

Exclusively Listed By

  • Alvin N. Mansour

    Executive Managing Director Investments

    (858) 373-3184

    Email Alvin

    License(s): CA: 01391653, TX: 0606255

    San Diego Downtown

  • Chris Talia

    Associate Director Investments

    (858) 373-3235

    Email Chris

    License(s): CA: 02031343

    San Diego Downtown

Broker of Record

  • Steve Greer

    Senior Director Investments

    (225) 376-6729

    License(s) AR: PB00098133

    Arkansas

Drug Store

Walgreens | Abs. Net | Proposed CFA Adjacent | Signalized Hard Corner | Near University of Arkansas

Listing Price: $5,437,500

Cap Rate
8.00%
Tenant Name
Walgreens
Years Remaining On Lease
8.1
Gross SF
14,820
Guarantor
Corporate Guarantee
Rentable SF
14,820
Price/Gross SF
$366.90
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$29.35

Investment Highlights

  • NNN Lease. 11+ Year Historical Occupancy Demonstrating Strong Commitment to the Location. This Location Serves Beer & Wine, and Features a Drive-Thru Pharmacy.
  • Ranked in the Top 26% in the Chain Nationwide and Top 18% in Arkansas per Placer.ai based on Foot Traffic.
  • Situated at a Highly Visible Signalized Intersection along West Wedington Drive, one of Fayetteville's Major Commercial Arteries, offering Strong Daily Traffic Counts (33k Vehicles).
  • Walgreens is a Leading U.S. Retail Pharmacy with over 8,000 Stores Currently Operating throughout the U.S. and Puerto Rico. In August 2025, Walgreens Boots Alliance was Acquired Privately by Sycamore Partners, a New York-based Private Equity Firm.
  • Minutes from University of Arkansas - the Largest University in the State with 32k+ Students Enrolled. Ranked 13th among Universities with the most Graduates working at top Fortune 500 Companies.
  • Fayetteville sits within the High-Growth Northwest Arkansas MSA, one of the Fastest-Growing Metropolitan Areas in the Country Driven by Corporate Expansion and in-Migration. Densely Populated and Affluent Area: Features an Average Household Income of more than $87k within a 1-Mile Radius and over 95k People Residing within a 5-Mile Radius.
  • In Close Proximity to VA Medical Center-Fayetteville – a Major Regional Healthcare Provider Serving Veterans across Northwest Arkansas, Generating Consistent Daily Traffic from Medical Staff, Patients, and Visiting Family Members.
  • Near Numerous National Retailers including Walmart Neighborhood Market, Walmart Supercenter, Lowe's, Aldi, Harps Food Stores and other that serve as Dominant Traffic Generators for the Broader West Fayetteville Submarket. Immediate Access to Interstate 49 – Northwest Arkansas' Primary North-South Artery Connecting Fayetteville, Springdale, Rogers, and Bentonville, Facilitating Commuter Traffic and Regional Retail Draw.

Investment Overview

Fayetteville is a principal city within the Northwest Arkansas Metropolitan Statistical Area, one of the fastest growing regions in the United States. Anchored by the University of Arkansas, the city benefits from a stable and diversified economic base driven by education, healthcare, corporate headquarters, logistics, and advanced manufacturing. The University of Arkansas enrolls more than 32,000 students and serves as a major research institution, supporting consistent population growth, workforce development, and housing demand. Northwest Arkansas is home to several Fortune 500 companies including Walmart Inc. in Bentonville, Tyson Foods in Springdale, and J.B. Hunt Transport Services in Lowell. These corporate headquarters generate significant employment and attract national suppliers, professional services firms, and technology companies to the region. The area’s strong job market and business-friendly environment continue to drive in-migration and residential expansion. Washington Regional Medical Center, one of the largest healthcare providers in the region, further strengthens Fayetteville’s employment base and daily population. The presence of Interstate 49 provides efficient regional connectivity between Fayetteville, Springdale, Rogers, and Bentonville, facilitating commuter traffic and retail accessibility. The Northwest Arkansas region has consistently ranked among the nation’s top metros for quality of life, economic growth, and job creation. Population growth, rising household incomes, and ongoing residential development have reinforced long-term retail demand. As the cultural and educational hub of Northwest Arkansas, Fayetteville benefits from a unique blend of university-driven stability and corporate-backed economic momentum, positioning the area for continued expansion and sustained commercial real estate performance.

Exclusively Listed By

  • Alvin N. Mansour

    Executive Managing Director Investments

    (858) 373-3184

    Email Alvin

    License(s): CA: 01391653, TX: 0606255

    San Diego Downtown

  • Chris Talia

    Associate Director Investments

    (858) 373-3235

    Email Chris

    License(s): CA: 02031343

    San Diego Downtown

Broker of Record

  • Steve Greer

    Senior Director Investments

    (225) 376-6729

    License(s): AR: PB00098133

    Arkansas

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