4601 Northshore DrNorth Little Rock, AR 72118

Property Details for 4601 Northshore Dr

Year built

2020

Lot size

1.89 AC

Property size (Sq ft)

6,009 SF

Property type

Drive through restaurants

APN

43N-008-03-035-00

APU

43N0080303500

Description

This exceptional 2,000 square foot retail space, situated on a 1.89-acre lot at 4601 Northshore Drive in North Little Rock, Arkansas, presents a compelling opportunity for a quick-service restaurant (QSR). Ideally positioned at the entrance to Northshore Business Park and less than a mile from Interstate 430 (70,000+ vehicles daily), this property boasts unparalleled visibility and accessibility. A signalized intersection directly off I-430 further enhances convenience. Built in 2020, the single-story building offers a total of 6,009 square feet, with 2,000 square feet currently vacant and immediately available. The space is designed as a plug-and-play QSR opportunity, minimizing setup time and costs. The property's Pulaski County location (APN: 43N-008.03-035.00) offers a strong customer base within a growing area. This is a triple-net lease at $22.00 per square foot. The minimum divisible space is 2,000 square feet, and the maximum contiguous space available is also 2,000 square feet. This location is perfect for food service operators seeking high traffic counts and an established location.

• CAP approach

  CAP return

  Valuation

  6%

  $1,404,049

  6.5%

  $1,296,045

  7%

  $1,203,471

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,083,156

  Geo Method

  $1,083,156

• Alternative Use

  Use

  Valuation

  Residential

  $1,093,263

  Hospitality

  $1,001,423

  Educational

  $833,172

  Medical

  $861,826

  Retail

  $1,296,045

Location Insight

City

N Little Rock

County

Pulaski

State

Arkansas

Latitude

34.8088

Longitude

-92.3538

CBSA code

30780

CBSA name

LITTLE ROCK-NORTH LITTLE ROCK, AR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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