5620 Warden Rd, North Little Rock, AR 72116
11,000 SF | Retail Building | North Little Rock, AR 72116 | $1,900,000 ($173/SF) | 5.18% Cap Rate
For Sale
Active
Asking Price $1,900,000
- Property Type
-
Retail
- Square Feet
- 11,000 SF
- Price / Square Foot
- $173
Listing Contacts
- Property Info
Property Overview
This stretch of Warden Road has historically been challenging to penetrate, specifically as a landowner. Most of the real estate wealth along Warden Road has not been interested in letting go of such meaningful real estate.
We are offering a rare opportunity for an investor to own a property along Warden Road, which has a significant
upside trajectory for income. This 2.9 acres has an 11,000 SF block building and is currently rented for less
than $9/SF. The current tenant is in their first option period with approximately four years remaining. For the
passive investor looking topark money and later take advantage of significant upside in rents, this the deal.
We are offering a rare opportunity for an investor to own a property along Warden Road, which has a significant
upside trajectory for income. This 2.9 acres has an 11,000 SF block building and is currently rented for less
than $9/SF. The current tenant is in their first option period with approximately four years remaining. For the
passive investor looking topark money and later take advantage of significant upside in rents, this the deal.
Property Details
- Class
- C
- Year Built
- 1997
- Stories
- 1
- Property Subtype
- Vehicle Related, Freestanding, Service
- Lot Size (sq. ft)
- 126,324 SF
Highlights
- Strategic location along corridor w/ minimal availability
- Significant upside in rental income
- Well below replacement value
- Exposure to HWY 67 / 167
- Warden Road frontage
Nearby Properties
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