For Sale
$2,800,000

12206 Markham StLittle Rock, AR 72211

Little Rock Restaurant, High-Traffic Location

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional investment opportunity presents a fully occupied, freestanding Class B retail building situated at 12206 W Markham St in Little Rock, Arkansas. The 10,000 square foot property, built in 1998 and renovated in 2003, sits on a 3-acre lot and boasts 175 parking spaces. Currently leased to Metro Wine & Spirits and Jimmy John's, this restaurant property benefits from high visibility due to its 218-foot frontage on W Markham Street, a major thoroughfare with 21,000 vehicles per day. The property's strategic location is further enhanced by its proximity to a dense concentration of national retailers, including Walmart, Sam's Club, Home Depot, Lowe's, Target, Whole Foods, Trader Joe's, Academy Sports + Outdoors, Hobby Lobby, Best Buy, Barnes & Noble, Ulta, Old Navy, Petco, PetSmart, Esporta, Chick-fil-a, and Chili's. The high traffic counts on W Markham St (21,000 VPD) and nearby Chenal Parkway (41,000 VPD) ensure significant exposure and potential for strong returns. The asking price is $2,800,000, representing a price per square foot of $280. This property offers a compelling combination of strong tenants, prime location, and high visibility, making it an ideal addition to any investment portfolio. The zip code is 72211, and the property is located in Pulaski County.

Highlights

  • Fully occupied, freestanding Class B retail building.
  • Tenants: Metro Wine & Spirits and Jimmy John's.
  • High visibility; 218-foot frontage on W Markham St.
  • Excellent location near numerous national retailers including Walmart, Sam's Club, and Target.
  • High traffic counts: 21,000 VPD on W Markham St and 41,000 VPD on nearby Chenal Parkway.

Property Details for 12206 Markham St

Property type
Retail properties, Restaurants
Square Feet
10,000 SF
Class
B
Year Built/Renovated
1998/2003
Lot Size (sq. ft)
130,680 SF

Location Insight

City
Little Rock
County
Pulaski
State
Arkansas
Latitude
34.754284
Longitude
-92.411518
12206 Markham St, Little Rock, Arkansas

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12206 Markham St
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