16021 St Vincent Way, Little Rock, AR 72223
sale
$3,330,000
|
Retail
Listed By CENTURY 21 PORTFOLIO
Brand-new Sherwin-Williams located in Chenal Valley, West Little Rock's premier retail corridor. The 4,594 SF freestanding building sits on a 1.35-acre parcel and is secured by a 10-year corporate NNN lease guaranteed by The Sherwin-Williams Company, featuring 10% rent increases every five years and four (4) renewal options. The tenant is responsible for taxes, insurance, CAM, and maintenance, providing a passive investment with $199,800 in annual NOI at a 5.75% cap rate. Strategically positioned near Chenal Parkway and just minutes from Costco and the 1.1M SF Promenade at Chenal, the property benefits from strong demographics, executive housing, and consistent retail traffic in Little Rock's most affluent submarket.
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Property Features
- Building Area: 4594.00 SF
- Cross Docks: N
- For Auction: N
- Garage Description: No Garage
- Lot Size In Text: 1.35 Acres
- MLSID: 10131068
- Parking Places: 0
- Price Per Area: 724.86
- Price Upon Request: N
- Style: Other Style
- Sublease: N
- Year Built: 2026
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