501-529-4965
11215 Hermitage Rd, Little Rock, AR for Sale
Medical - FOR SALE
1/36
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11215 Hermitage Rd
Little Rock, AR 72211
Walnut Valley


HIGHLIGHTS

  • Value-add multi-tenant medical office that is 37% occupied by a diverse tenant mix, with substantial upside for owner/users or investors.
  • Includes 10 suites, all enjoying private ground-level entry points, with over 9,000 SF on the second floor available for immediate occupancy.
  • Located at a signalized intersection just off the interchange of I-430 and I-630, with direct visibility to over 43,000 daily vehicles.
  • Convenient proximity to the Baptist Health Medical Center Little Rock, with 827 beds, offering strong referral and partnership potential.
  • Within a performing office submarket, with 6.9% vacancies, 1.9% YOY rent growth, and asking rents approximately 9% above the greater market average.
  • Draw from a strong regional workforce and client base, with over 131k residents within 5 miles with an average household income of over $90k.

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Value-Add Medical Office near Major Hospital

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1981

SPRINKLERS

-

PARKING SPACES

96

LAND DETAILS

LAND ACRES

1.99 AC

LAND SF

86,684 SF

ZONING

-

APN/PARCEL ID

44L-069-02-013-00

ASK ABOUT THIS PROPERTY

Stuart MackeyHathaway GroupMore Info
501-529-4965

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Stuart MackeyHathaway GroupMore Info
501-529-4965

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