For Lease
$5,146/SF/YR

11415 Markham StLittle Rock, AR 72211

Little Rock, AR Outparcel Pad - For Sale/Lease

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional 0.34-acre commercial outparcel, located at 11415 West Markham Street in Little Rock, Arkansas, presents a unique investment opportunity. The property boasts 14,810 square feet of land and is zoned PCD, offering flexibility for redevelopment. Built in 2005 and renovated in 2010, the single-story building currently offers 15 parking spaces. Utilities include electric power. The property is ideally situated on a high-traffic corridor of West Markham Street, between Shackleford and Bowman Roads, providing excellent visibility and accessibility. Its prime location is directly across from major retailers including Academy Sports, Dollar Tree, Michaels, and Planet Fitness, ensuring high foot traffic and potential for strong tenant occupancy. The property is currently vacant and available for sale or lease. A potential redevelopment could yield a building as large as 2500 square feet, provided parking needs are limited. The tenant is responsible for taxes, insurance, landscaping, utilities, HVAC maintenance, and building maintenance and repairs. This presents a compelling opportunity for investors seeking a well-located commercial property with significant redevelopment potential in a thriving retail area. The property's Class B designation reflects its solid condition and potential for future growth. The zip code is 72211.

Highlights

  • 0.34-acre (14,810 SF) commercial outparcel in Little Rock, AR.
  • Previously a drive-thru bank.
  • Existing utilities on-site.
  • Access to West Markham Street traffic light via cross-access easement with Goodyear.
  • 15 parking spaces available.

Property Details for 11415 Markham St

Property type
Land, Retail space
Class
B
Year Built/Renovated
2005/2010
Buildings
1
Stories
1

Unit(s) available at that property

Space
Available Suite 1
Size
0 SF
Rate per SF
$5,146

Location Insight

City
Little Rock
County
Pulaski
State
Arkansas
Latitude
34.754066357054
Longitude
-92.402309760968
11415 Markham St, Little Rock, Arkansas

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11415 Markham St
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