2300 145Th StLittle Rock, AR 72206

Property Details for 2300 145Th St

Year built

1977

Lot size

2.76 AC

Property size (Sq ft)

49,150 SF

Property type

Distribution centers

APN

35R-024-00-014-07

APU

35R0240001407

Description

This single-tenant industrial building, located at 2300 E 145th St in Little Rock, Arkansas, offers 49,150 square feet of versatile space for lease. The property sits on a 6.86-acre lot and boasts a 1-story structure built in 1977. The warehouse features an impressive 18-foot ceiling height, ideal for various industrial uses. Heavy power is already in place, along with convenient roll-up and dock-high doors for efficient loading and unloading. The property also includes ample in-place office space, catering to businesses requiring both administrative and warehouse functions. Parking is readily available with 52 surface spaces within a fully fenced and gated compound, ensuring security and peace of mind. The location is highly advantageous, situated south of Little Rock with easy access to I-530, providing excellent connectivity for regional and interstate transportation. The lease rate is $3.75 per square foot (NNN). This property is perfect for businesses seeking a secure, well-equipped industrial space with a strategic location in Pulaski County, zip code 72206.

• CAP approach

  CAP return

  Valuation

  6%

  $17,428,900

  6.5%

  $16,088,200

  7%

  $14,939,000

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,625,120

  Geo Method

  $5,625,120

• Alternative Use

  Use

  Valuation

  Retail / Commercial

  $8,250,460

  Mixed-Use / Specialty

  $8,221,460

  Hospitality / Lodging

  $6,032,350

  Office

  $8,173,040

  Institutional / Educational

  $8,547,150

  Residential Income

  $10,000,200

  Multifamily

  $11,991,400

  Automotive / Energy

  $7,326,130

  Parking / Income-Based Land

  $2,527,750

  Restaurant / Food Service

  $4,276,920

  Healthcare / Senior Housing

  $8,430,530

Location Insight

City

Little Rock

County

Pulaski

State

Arkansas

Latitude

34.6161

Longitude

-92.2516

CBSA code

30780

CBSA name

LITTLE ROCK-NORTH LITTLE ROCK, AR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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