NLR Pharmacy Prescribed Following $2.2M Site Sale (Real Deals)


NLR Pharmacy Prescribed Following $2.2M Site Sale (Real Deals)
The Lakewood Exxon station at 2501 McCain Blvd. in North Little Rock will be replaced by a CVS pharmacy.

A CVS Pharmacy development in North Little Rock is in motion after a $2.25 million transaction.

CVS 10975 AR LLC, an affiliate of CVS Pharmacy of Woonsocket, Rhode Island, purchased the Lakewood Exxon at 2501 McCain Blvd. The seller is C&E Investments LLC, led by Jimmy and Vanessa Crossfield.

The 0.92-acre development previously was tied to a January 2009 mortgage of $1.6 million held by Keltner Marketing Corp., led by Ronald Keltner.

C&E bought the project from Keltner Marketing more than nine years ago for $1.6 million.

Multifamily Purchase
A 20-unit apartment complex in Jacksonville tipped the scales at $1.25 million.

DJJS Thaddeus Properties LLC, led by Daniel Gray, acquired Foxcroft Apartments at 900 Madden Road from Bradley H. Medlock Ltd.

The deal is financed with a five-year loan of $1 million from First Arkansas Bank & Trust of Jacksonville.

Medlock purchased the 2.19-acre site for $65,000 in June 2001 from David and Robin Chamblee.

Downtown Storefront
An 8,000-SF building in downtown Little Rock drew an $800,000 transaction.

Soma Storefronts LLC, led by Rusty Thompson, bought the Piano Kraft project at 1222 Main St. and the adjoining parking lot. The seller is South Main Properties, led by Fred Gray.

The deal is backed with a one-year loan of $700,000 from First NaturalState Bank of McGehee.

The 0.32-acre development previously was linked with a November 2005 mortgage of $131,276 and an April 2018 mortgage of $250,000 held by Arvest Bank of Fayetteville.

South Main Properties acquired the project for $319,000 in June 1991 from Carson and Janet Harris.

Dental Acquisition
A 2,487-SF dental office in west Little Rock rang up a $635,000 sale.

Montgomery and Kelli Heathman purchased the 12501 Cantrell Road project from Walter and Debbie Jines. The deal is funded with a five-year loan of $414,641 held by Arvest Bank.

The 1.11-acre development previously was tied to a September 2017 mortgage of $249,000 held by Simmons Bank of Pine Bluff.

The location was bought for $50,000 in May 1996 from Sam Peck & Associates Inc.

Hum’s Home Sale
A 14,211-SF warehouse showroom in North Little Rock changed hands in a $400,000 deal.

The seller is Hum’s Hardware & Furniture Inc., led by Bruce Hum, who sold Hum’s former quarters at 4210 E. Broadway. The buyer is Kim Properties LLC, led by Grace Chae-Kim.

The 1.92-acre property was assembled in three buys totaling $33,000. The sellers were Edward and Vera Ray, $8,000 in May 1967 and $10,000 in May 1974, and Julius and Ava Scott, $15,000 in October 1982.

Riviera Space
Commercial space in Little Rock’s Riviera Building sold for $258,625.

Blaney Properties LLC, led by Patrick and Natalie Blaney, bought 1,722 SF on the ground floor at 3700 Cantrell Road.

The seller is Heartland Properties Corp., led by Larry McCraw.

The deal is financed with a five-year loan of $326,900 from Arvest Bank.

Heartland acquired the 2.13-acre development for $3.1 million in March 1990 from Riviera Apartments, led by Sidney Weniger.

Woodlands Manor
A 4,522-SF home in west Little Rock’s Woodlands Edge neighborhood weighed in at $1.01 million.

Siobahn and Paul Hruby purchased the house from Randy Wright Builders LLC. The deal is backed with a 30-year loan of $959,500 from SunTrust Mortgage Inc. of Richmond, Virginia.

The residence previously was linked with a May 2017 mortgage of $794,750 and a December 2017 mortgage of $50,000 held by First Security Bank of Searcy.

The location was bought for $166,000 in May 2017 from Rocket Properties LLC, led by Lisenne Rockefeller.

Prospect Home
A 4,811-SF home in Little Rock’s Prospect Terrace is under new ownership after an $885,000 deal.

Lee and Pamela Jackson acquired the house from Vivian Penick. The deal is funded with a 30-year loan of $565,000 from Regions Bank of Birmingham, Alabama.

The residence was purchased for $700,000 in June 2005 from the John James Truemper Jr. Revocable Trust.

Deauville House
A 6,100-SF home in the Deauville Place neighborhood of west Little Rock’s Chenal Valley development drew an $800,000 transaction.

Purushottam and Sushma Thapa bought the house from KHC Design Inc., led by Keith Hardin. The deal is financed with a 15-year loan of $550,000 from Ark-La-Tex Financial Services LLC of Plano, Texas.

The residence previously was tied to a March 2017 mortgage of $750,000 held by Central Bank of Little Rock.

The location was acquired for $120,000 in May 2014 from Dale and Shirley Jones.

Hillcrest Dwelling
A 3,198-SF home in Little Rock’s Hillcrest neighborhood rang up a $775,000 sale.

Owen and Jennifer Kelly purchased the house from Jeffrey and Lori Carfagno.

The deal is backed with a 30-year loan of $665,000 from Arvest Bank. The residence previously was linked with a July 2012 mortgage of $417,000 held by Centennial Bank of Conway.

The Carfagnos bought the property for $660,000 nearly six years ago from Robert and Charlene Hicks.

Heights Residence
A 3,938-SF home in Little Rock’s Country Club Heights neighborhood changed hands in a $625,000 deal.

MJH Trust, led by Merritt and Lauren Dake, acquired the house from the Joyce W. Logan Revocable Trust.

The deal is funded with a $565,875 loan from IberiaBank of Lafayette, Louisiana.

The Logan family purchased the property for $250,000 in May 1995 from Frank and Mary Hiegel.

Woodlands House
A 3,971-SF home in west Little Rock’s Woodlands Edge neighborhood sold for $550,000.

Nathan and Maegan Waldrip bought the house from Cory and Amy Cress. The deal is financed with a 30-year loan of $375,000 from Bank of Little Rock Mortgage Corp.

The residence previously was tied to an August 2017 mortgage of $424,100 held by the mortgage company.

The Cress family acquired the property for $550,000 10 months ago from Matthew and Michelle Barden.

Wellington Home
A 4,034-SF home in west Little Rock’s Villages at Wellington neighborhood is under new ownership after a $530,000 deal.

The Rebecca Elaine Gwatney Revocable Trust purchased the house from the Laurie Lamb Revocable Trust. The deal is backed with a 30-year loan of $200,000 from Regions Bank.

The residence was bought for $446,000 in August 2005 from Bateman & Kuhn Professional Builders PLLC, led by Robert Bateman and Todd Kuhn.

Overlook Abode
A 3,583-SF home in Little Rock’s Overlook Park neighborhood drew a $510,000 transaction.

Lyndsey and John Allen V acquired the house from Paul Ward and Laura Lamps. The deal is funded with a 30-year loan of $285,000 from Bank of Little Rock Mortgage.

The residence previously was linked with an April 2015 mortgage of $202,000 held by Simmons Bank.

The property was purchased for $415,000 in December 2002 from Mark and Anna Stanley.