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Executive Recruiters Building 14 Office Park Dr

6,099 SF 100% Leased Office Building Little Rock, AR 72211 £724,552 (£119/SF) 6.62% Net Initial Yield

Investment Highlights

  • Centrally located in West Little Rock.
  • Office setting in surrounding area.
  • Picnic area and extra green space located near the office for employees and guest.
  • Great Tenant Mix.
  • Common area recently renovated.
  • 100% occupancy!

Executive Summary

Located in West Little Rock in an office park setting. 14 Office Park is a low maintenance all brick building. Ample parking a picnic area for Tenants and guest. Two of the three Tenants have been on location since 2014 and 2106. Common areas have been recently renovated. 100% occupancy.

Attachments

14_Office_Park

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
6,099 SF
Building Class
B
Year Built
1982
Price
£724,552
Price Per SF
£119
Net Initial Yield
6.62%
NOI
£47,965
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Typical Floor Size
6,099 SF
Building FAR
0.25
Lot Size
0.56 AC
Zoning
O-3 - O-3
Parking
16 Spaces (3.02 Spaces per 1,000 SF Leased)

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
44L-069-02-008-00
Land Assessment
£49,270
Improvements Assessment
£47,843
Total Assessment
£97,114
  • Listing ID: 29602791

  • Date on Market: 22/09/2023

  • Last Updated:

  • Address: 14 Office Park Dr, Little Rock, AR 72211

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