For Sale
$2,175,000

200 University AveLittle Rock, AR 72205

±18,916 SF Office Building, $2.175M

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional two-story office building, totaling ±18,916 square feet, is ideally situated on a 0.6-acre lot in Little Rock's vibrant Midtown area. Located at 200 S University Ave, 72205, this Class B property offers a versatile layout suitable for various uses, including medical, higher education, or general office spaces. The building features approximately 9,092 square feet of office space on each of its two floors. Ample parking is available, including a convenient covered ground-level parking area. The property boasts excellent visibility and accessibility, with direct ingress/egress to University Avenue at a well-lit intersection. This prime location is in the heart of Midtown's medical district, providing easy access to key amenities and a strong tenant pool. The asking price is $2,175,000, translating to $114.98 per square foot. The seller is offering an attractive incentive: a 4% commission on the purchase price or total gross rents to the tenant's firm. This presents a unique opportunity to acquire a well-positioned, versatile office building in a thriving Little Rock neighborhood.

Highlights

  • Tenant receives 4% of purchase price or total gross rents from owner.
  • 9,092 square feet of office space across the second and third floors.
  • Prime Midtown medical district location.
  • Ample parking, including covered ground-level spaces.
  • Convenient University Avenue access at a lighted intersection.
  • Suitable for medical, educational, or general office use.

Property Details for 200 University Ave

Property type
Office properties, Medical offices
Square Feet
18,916 SF
Class
B
Buildings
1
Stories
2
Lot Size (sq. ft)
26,136 SF

Location Insight

City
Little Rock
County
Pulaski
State
Arkansas
Latitude
34.7512455
Longitude
-92.3419651
200 University Ave, Little Rock, Arkansas

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200 University Ave
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