3234 E Robinson Ave | Springdale, AR 72764
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- LoopNet Team
3234 E Robinson Ave
Springdale, AR 72764
Walgreens · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- LONG TERM LEASE – An original 25 year lease, with ±8 years currently remaining. There are an additional 50 years of option periods starting in 2033.
- This location has a local population of nearly 13,000 residents in a one-mile radius surrounding the property with a growth of 4.6% in the last 5 year
- STRONG COMMUNITY SYNERGY – Surrounded by multiple national retailers such as Walmart, Tractor Supply, Dollar General, etc
- PASSIVE OWNERSHIP – Absolute NNN lease structure, with no landlord responsibilities.
- ECONOMIC DEVELOPMENTS – Multiple new homes currently in the process of being constructed directly next to the subject property along E Robinson Ave.
- CORPORATE GUARANTEE – Lease is corporately guaranteed by Walgreens (NASDAQ: WBA).
PROPERTY FACTS
Property Type
Retail
Property Subtype
Drug Store
Building Size
14,550 SF
Building Class
B
Year Built
2008
Tenancy
Single
Building Height
1 Story
Building FAR
0.25
Lot Size
1.34 AC
PROPERTY TAXES
| Parcel Number | 815-30507-000 | Improvements Assessment | $396,152 |
| Land Assessment | $80,928 | Total Assessment | $477,080 |
PROPERTY TAXES
Parcel Number
815-30507-000
Land Assessment
$80,928
Improvements Assessment
$396,152
Total Assessment
$477,080
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