6917 Geyer Springs Rd | Little Rock, AR 72209
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6917 Geyer Springs Rd
Little Rock, AR 72209
Retail Property For Sale
Executive Summary
Southwest Plaza features two fully occupied retail buildings on Geyer Springs Road in Little Rock, Arkansas. This 15,104-square-foot property, perched on 1.5 acres, presents a promising opportunity with its current 10.70% cap rate and $106,486 net operating income. Situated strategically between major thoroughfares, these versatile venues offer value-add potential in a vibrant commercial corridor.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
15,104 SF
Building Class
C
Year Built
1970
Price
£779,383
Price Per SF
£52
Net Initial Yield
10.70%
NOI
£83,370
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.23
Lot Size
1.51 AC
Zoning
C-3
Parking
42 Spaces (2.78 Spaces per 1,000 SF Leased)
Frontage
189 ft on Geyer Springs Rd Rd Rd
Amenities
- Pylon Sign
- Signage
PROPERTY TAXES
Parcel Number | 34L-389-00-002-00 | Improvements Assessment | £72,524 |
Land Assessment | £14,814 | Total Assessment | £87,338 |
PROPERTY TAXES
Parcel Number
34L-389-00-002-00
Land Assessment
£14,814
Improvements Assessment
£72,524
Total Assessment
£87,338
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