PetSmart-Banfield Pet Hospital Sold for $4.5M

PetSmart-Banfield Pet Hospital Sold for $4.5M
Banfield Pet Hospital, located adjacent to PetSmart at 11400 Financial Centre Parkway in Little Rock. (Google Maps)

This week’s quartet of million-dollar real estate transactions features a pet-centric property in west Little Rock, a fast-food spot in Cabot, a postal project in Alexander and a retail store in northern Saline County.

► An investment group bought the 26,156-SF PetSmart-Banfield Pet Hospital at 11400 Financial Centre Parkway for more than $4.5 million.

The group is comprised of Alley Development-Otter Creek Office Park and Five Star Investments LLC, led by Haitham Alley; and Advantage Constructors Enterprises Ltd., led by Bradley Davis.

Seller: Cole PM Little Rock AR LLC, an affiliate of the Cole Capital real estate investment trust in Phoenix.

► Southern Chicken-Cabot LLC of Greenville, South Carolina, sold the 3,212-SF Zaxby’s at 2215 W. Main St. for $1.8 million.

Buyer? SCF RC Funding IV LLC, an affiliate of SCF Realty Capital of Princeton, New Jersey.

► APIF-Arkansas LLC, an affiliate of American Infrastructure Funds in Foster City, California, purchased the 9,657-SF post office at 1504 Alexander Road for more than $1.2 million.

Seller? FDI Postal Properties II Inc., an affiliate of Frall Developers Inc. in Mount Airy, Maryland.

► PB General Holdings (Atwood) LLC, led by Leonard Boen, sold the 9,196-SF Dollar General Store at 15216 Chicot Road for nearly $1.1 million.

Buyer: SDG Little Rock LLC of Heber, Utah.

Seven-Digit Construction

Ozark Point Water Treatment Plant Upgrades    $26,700,000
701 N. Martin St., Little Rock
Max Foote Construction, Mandeville, Louisiana
Campus Towers Renovation    $4,700,000
1101 Bishop Lindsey Ave., North Little Rock
Unicorp, LLC, Madison, Mississippi

The Ridge at Little Rock 48-unit Phase I    $2,000,000
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Ridge Construction, LLC, North Little Rock
Pain Treatment Centers Tenant Finish Out    $1,195,000
108 N. Shackleford Road, Little Rock
Cline Construction Group, North Little Rock