Homes for sale - 8821 Knoedl Court, Little Rock, AR 72205

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$4,999,999

Est. payment - /mo

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16,917 SqFt

Active

8821 Knoedl Court Little Rock, AR 72205

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Micah Ribbing

micah.ribbing@joinreal.com +1(501) 218-5944

UPDATED:

06/08/2024 03:07 PM

Key Details

Property Type Commercial

Sub Type Building and Land

Listing Status Active

Purchase Type For Sale

Square Footage 16,917 sqft

Price per Sqft $295

Subdivision Baptist Health Kanis South

MLS Listing ID 23018085

Style Other (see remarks)

Year Built 1991

Lot Size 1.600 Acres

Acres 1.6

Property Description

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.

Location

State AR

County Pulaski

Area Lit - West Little Rock (Central)

Interior

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

Heating Central Cool-Gas, Central Cool-Electric

Flooring Other (see remarks), Partial Carpet

Exterior

Garage 26 or More, Lot

Garage Spaces 41.0

Utilities Available Sewer-Public, Water-Public, Gas-Natural, TV-Cable, TV-Antenna, TV-Satellite Dish, Telephone-Private

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

Building

Lot Description Level, Cul-de-sac

Foundation Slab

New Construction No

Listed by Home Design and Realty L.L.C. • Ryan M Carrus

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Micah Ribbing

Agent | License ID: SA00096985

+1(501) 218-5944