11324 Arcade DrLittle Rock, AR 72212

Property Details for 11324 Arcade Dr

Year built

1983

Lot size

2.00 AC

Property size (Sq ft)

24,510 SF

Property type

Retail properties

Property subtype

Strip malls

APN

43L-112-00-015-00

APU

43L1120001500

Description

This exceptional 2,250-square-foot office space is available for lease in the vibrant Arcade Square plaza in Little Rock, Arkansas. Located at 11324 Arcade Drive, units 15 & 16, this single-tenant property offers a versatile layout suitable for various office configurations, including traditional office setups, executive suites, or coworking spaces. The property is classified as Retail, Office, and Special Purpose, providing flexibility for a range of businesses. Situated in Pulaski County, this location benefits from its proximity to major transportation arteries. Specifically, it's conveniently located just two miles north of the significant Big Rock I-430/I-630/Chenal Parkway interchange in West Little Rock, ensuring easy access for employees and clients. The property is part of a thriving mixed-use community, offering a dynamic and convenient environment. Ample free surface parking is available for added convenience. This prestigious mixed-use development enjoys a high-visibility location off the busy Rodney Parham corridor, providing excellent exposure for your business. The zip code is 72212. This is a fantastic opportunity to establish your business in a prime Little Rock location.

• CAP approach

  CAP return

  Valuation

  6%

  $5,726,974

  6.5%

  $5,286,437

  7%

  $4,908,834

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,418,065

  Geo Method

  $4,418,065

• Alternative Use

  Use

  Valuation

  Residential

  $4,459,308

  Hospitality

  $4,084,702

  Educational

  $3,398,424

  Medical

  $3,515,301

  Retail

  $5,286,437

Location Insight

City

Little Rock

County

Pulaski

State

Arkansas

Latitude

34.7705

Longitude

-92.3993

CBSA code

30780

CBSA name

LITTLE ROCK-NORTH LITTLE ROCK, AR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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