7811 Cantrell RdLittle Rock, AR 72227

Property Details for 7811 Cantrell Rd

Year built

1974

Lot size

0.37 AC

Property size (Sq ft)

13,937 SF

Property type

Individual retail properties

APN

43L-065-00-108-00

APU

43L0650010800

Description

This exceptional retail property, located at 7811 Cantrell Road in Little Rock, Arkansas, presents a significant opportunity for a discerning restaurant operator. The building, constructed in 1974, boasts a total of 13,973 square feet across two stories, situated on a 0.37-acre lot. Currently, a portion of the space, totaling 2,772 square feet, is available for lease. The property is a single-tenant building, offering a unique opportunity for a restaurant to establish a strong presence in a high-traffic area along the Cantrell Corridor. The building's location within Pulaski County, Arkansas, and its proximity to Little Rock (zip code 72227) ensures excellent visibility and accessibility. The previous tenant was a restaurant, leaving the space ready for immediate occupancy by a new operator. This prime location offers high potential for success due to its established commercial corridor and significant foot traffic. The property's size and layout provide ample space for a variety of restaurant concepts. The building's age presents an opportunity for renovation and customization to suit a specific restaurant's needs and branding. This is a rare opportunity to secure a prominent restaurant space in a highly desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $3,256,494

  6.5%

  $3,005,994

  7%

  $2,791,280

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,512,222

  Geo Method

  $2,512,222

• Alternative Use

  Use

  Valuation

  Residential

  $2,535,669

  Hospitality

  $2,322,659

  Educational

  $1,932,425

  Medical

  $1,998,884

  Retail

  $3,005,994

Location Insight

City

Little Rock

County

Pulaski

State

Arkansas

Latitude

34.7748

Longitude

-92.3622

CBSA code

30780

CBSA name

LITTLE ROCK-NORTH LITTLE ROCK, AR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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