8888 Faulkner Lake Rd - Self-Storage Facilities FOR SALE


North Little Rock, AR 72117
$2,500,000 USD
619-995-6200
8888 Faulkner Lake Rd, North Little Rock, AR for Sale
$2,500,000 USD
Self-Storage Facilities - FOR SALE
1/18
null | Request Cap Rate

8888 Faulkner Lake Rd
North Little Rock, AR 72117


HIGHLIGHTS

  • Located along Interstate 440 with frontage exceeding 1,000 feet and exposure to 57,000 vehicles per day.
  • Comprises 304 drive-up units with 33,825 square feet of rentable storage space across 5.21 acres.
  • Includes one acre of expansion land at the corner of Faulkner Lake Road and Hwy 440W.
  • Secure, fully gated property with keypad access, comprehensive security system, and chain-link perimeter fencing.
  • Current occupancy of 70% provides clear upside through professional management and demand-driven rental increases.
  • Situated in a growing market with nearly 33% population increase in the immediate zip code since 2011.

OVERVIEW

440 Storage presents a compelling investment opportunity within the robust North Little Rock self-storage market. Positioned along Faulkner Lake Road with unparalleled visibility from Interstate 440 (averaging 57,000 vehicles per day), this property benefits from exceptional regional connectivity and high exposure. The facility comprises 33,825 NRSF across 304 drive-up units and includes an onsite manager’s apartment. Built in 2001, this asset features secure gated access, perimeter fencing, keypad entry and a fully paved surface to support efficient operations. With current physical occupancy at 70% and economic occupancy at 32%, there is significant upside potential through operational improvements, lease-up strategies, and rate adjustments. The property sits within a growing trade area characterized by limited self-storage supply, strong rental growth, and new development constraints creating barriers to entry. Additionally, an extra acre of expansion land offers room to scale operations and capture additional market share in this high-demand corridor. Immediate proximity to major employers and residential communities further reinforces long-term revenue growth potential.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$74 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

440 Storage

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Self-Storage Facilities

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2001

SPRINKLERS

-

PARKING SPACES

24

LAND DETAILS

LAND ACRES

5.19 AC

LAND SF

226,065 SF

ZONING

-

APN/PARCEL ID

24N-001-00-008-00

ASK ABOUT THIS PROPERTY

Susan WillisSkyView AdvisorsMore Info
619-995-6200

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

Susan WillisSkyView AdvisorsMore Info
619-995-6200

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