11315 N Rodney Parham Rd - Bank FOR SALE


Little Rock, AR 72212- Walnut Valley
$2,530,000 USD
858-373-3184
11315 N Rodney Parham Rd, Little Rock, AR for Sale
$2,530,000 USD
Bank - FOR SALE
1/9
null | 6.36% Cap Rate

11315 N Rodney Parham Rd
Little Rock, AR 72212
Walnut Valley


HIGHLIGHTS

  • High-Traffic Corridor: The Property Fronts N. Rodney Parham Rd, One of West Little Rock's Busier Retail Corridors.
  • Immediate Access to/from Interstate-430 - the Site is Minutes from I-430, Providing Direct Regional Connectivity To I-630, I-40, and I-30.
  • Established Retail Submarket - the Property Sits within Close Proximity To the Broader Pleasant Valley and West Village Retail District.
  • Densely Populated and Affluent Area: Features An Average Household Income Of more than $106k within a 3-Mile Radius.
  • Corporate Backed Absolute Net Lease (Zero Landlord Responsibilities) Feat. Above Average 15% Rental Increases Every 5 Years throughout the Options.

OVERVIEW

Bank Of America | Absolute Net Lease | Hard Corner Location | Densely Populated & Affluent Area: $106k+ Avg. HHI | Direct Access to Interstate-430 | Below Market Rent | Investment Grade Credit | 49+ Year Historical Occupancy | Strong Daytime Employment Arkansas Broker of Record: Steve Greer | 10527 Kentshire Court, Suite B Baton Rouge, LA 70810 | P: (225) 376-6729 | Lic #: PB00098133 | Steve.Greer@MarcusMillichap.com

FOR SALE DETAILS

PRICE

$2,530,000 USD

PRICE/SF

$409 USD /SF

CAP RATE

6.36%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

BANK OF AMERICA | ABSOLUTE NET | STRONG DEMOS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bank

ADD'L SUBTYPES

Freestanding, Service, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1977

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.98 AC

LAND SF

42,689 SF

ZONING

-

APN/PARCEL ID

43L-112-00-004-00

ASK ABOUT THIS PROPERTY

Alvin MansourThe Mansour Group of Marcus & MillichapMore Info
858-373-3184

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Alvin MansourThe Mansour Group of Marcus & MillichapMore Info
858-373-3184

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.