Remarks

Great opportunity to own a true NNN property! This specialized pharmaceutical laboratory is strategically located at 8821 Knoedl Ct, Little Rock, AR 72205. Its proximity to healthcare facilities such as Baptist Health Medical Center (1.1 miles), St. Vincent Medical Center (2.3 miles), and Arkansas Heart Hospital (2.3 miles) contributes to the strong demand for pharmaceutical services in the area. This property offers stable and consistent cash flow with a long-term lease agreement in place. The tenant's strong rental history and the nature of the pharmaceutical industry add to the stability of this investment opportunity. The tenant operates an FDA-approved 503B (Lab Class S2) compounding pharmaceutical outsourcing facility. This industry has high barriers to entry, and the tenant is one of only 73 FDA-approved facilities in the nation and the sole facility in Arkansas. The tenant has made significant investments in critical infrastructure, including backup generators, HVAC systems, electrical systems, alarm systems, and clean rooms, to meet stringent quality standards.

Details

MLS#: 23018085
Price: $4,999,999

Style: Building and Land
Sq Ft: 16917
Year Built: 1991

County: Pulaski
Subdivision: BAPTIST HEALTH KANIS SOUTH
Lot Size: 69696
Tax Fee: 0