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159 E Grand Ave
Hot Springs, AR 71901
Walgreens | Corp NNN | S&P: BBB · Retail Property For Sale
Investment Highlights
- Corporate Guaranteed | Investment Grade Tenant |Long Historical Occupancy
- Nearby Tourist Attractions & Activities | Strong Customer Base
- Signalized Hard Corner Intersection | Double Drive-Thru Lane
- NNN Lease | Fee Simple Ownership | Limited Landlord Responsibilities
- Close Proximity To National/Credit Tenants
PROPERTY FACTS
Amenities
- Corner Lot
- Pylon Sign
- Signalized Intersection
- Drive Thru
About 159 E Grand Ave , Hot Springs, AR 71901
Walgreens is strategically located at the signalized, hard corner intersection of Malvern Avenue and East Grand Avenue, averaging a combined 36,000 vehicles passing by daily. The pharmacy is equipped with a double drive-thru lane, offering ease for customers. The site is ideally positioned 1.5 miles north of both St Joseph’s Regional Health Center (300 Beds) and National Park Medical Center (166 Beds), providing a strong customer base to draw from. Additionally, the building is within a 3-mile radius of multiple tourist attractions and activities including Hot Spring Convention Center, Hot Springs National Park, and Magic Springs Theme and Water Park. Nearby national/credit tenants include Walmart Neighborhood Market, AutoZone, Family Dollar, Dollar General, and more, further increasing consumer traffic and draw to the subject property. The 5-mile trade area is supported by a population of over 46,000 residents and features an average household income of $56,597.
PROPERTY TAXES
| Parcel Number | 084862 | Improvements Assessment | $322,660 |
| Land Assessment | $60,830 | Total Assessment | $383,490 |
PROPERTY TAXES
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