215 Markham Center Drive

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215 Markham Center Drive

Little Rock, AR 72205
Asking Price
$1.32M
Cap Rate
7%
Asset Type
Medical Office Office
Class
Class B

What's Special

Global Manufacturer and Distributor of Medical and Laboratory Products <ul><li>​10 Year Lease Featuring 2% Annual Rental Increases throughout the Initial Term & Options. Cardinal Health has Occupied the Facility since 1994, Signifying Dedication to the Property for over Three Decades.</li><li>​The Area Enjoys the Densest Daytime Population in the State thanks to four Hospitals, more than 1 Million Sq.ft. of Retail and more than 500k Sq.ft. of Medical Office Space all within 4 miles.</li><li>​Investment-Grade Tenant and Exceptional Credit & Corporate Stature - Cardi

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NOI
$80,000
Cap Rate
6.07%
DSCR
1.02
Tight
Cash-on-Cash
0.44%
Monthly Payment
$6,520.745
Annual Cash Flow
$1,751.062

Location & Travel Times