Active

8821 Knoedl Court

Little Rock AR, 72205

$4,999,999


$295.56 per sqft

Active

16,917 sqft

Commercial

Built in 1991

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.

23018085

MLS ID

June 14, 2023

Listed

June 9, 2024

Updated

Map

8821 Knoedl Court
Little Rock AR, 72205

Interior Features

Interior Features

Sprinkler, 220 Volt Power, Equipment (see remarks), Smoke Detector, Window Treatments, Handicapped Design, Fire System, Kitchen Area, Ceiling Fans, Video Surveillance


Floor Description

Partial Carpet, Other (see remarks)


Fireplace

No


Cooling

No


Cooling Description

Central Cool-Gas, Central Cool-Electric


Heating

No

Exterior/Building Features

Lot Size

1.6 Acres


Lot Features

Level, Cul-de-sac


Architectual Style

Other (see remarks)


Roof

Other (see remarks), Asphault: incl w/polymer

Other Property Details

Area Name

LIT - WEST LITTLE ROCK (CENTRAL)


Days on Market

361


Garage

No


Parking

26 or More, Lot


View

No


Pool

No


Zoning

Other(See Remarks)

Listing History

Date

Event

Price

8/21/2023

Price Change

$4,999,999

-6%

Courtesy of Home Design and Realty L.L.C., Ryan Carrus

Listing Contact: 501-626-5417 

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Data last updated 6/9/2024, 1:06 PM UTC.

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