400 Capitol AveLittle Rock, AR 72201

  • Retail properties
  • 554,882 SF
For Lease

Property Details for 400 Capitol Ave

Year built
1975
Lot size
1.93 AC
Property size (Sq ft)
554,882 SF
Property type
Retail properties
Property subtype
Other individual retail properties
APN
34L-020-06-008-00
APU
34L0200600800

Description

This exceptional Class A office space, located at 400 West Capitol Avenue, Suite 1700, in Little Rock, Arkansas's Regions Center, offers a variety of flexible workspace solutions. The 15,629 square foot building boasts 350 suites, providing options for businesses of all sizes. Currently, 5,870 square feet are available, with spaces ranging from a minimum of 10 square feet to a maximum contiguous space of 1,300 square feet. The building underwent renovations in 2019 and features convenient amenities such as elevators. This property is ideal for businesses seeking executive office space, coworking arrangements, or creative office environments. Its location in Pulaski County, Arkansas, offers easy access to Little Rock's vibrant business district and provides a professional and inspiring work environment. The building caters to multiple tenants, offering a diverse and collaborative atmosphere. The property's flexible lease terms allow businesses to tailor their workspace to their specific needs, accommodating teams from one to one hundred desks or more. This prime location in Little Rock offers a unique opportunity to establish a thriving business in a modern and well-maintained facility. The building's A-class designation reflects its high-quality construction and amenities, ensuring a premium workspace experience.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $129,652,320
    6.5%
    $119,679,064
    7%
    $111,130,560
  • Comparable approach

    Method
    Valuation
    Relative Method
    $100,020,584
    Geo Method
    $100,020,584
  • Alternative Use

    Use
    Valuation
    Residential
    $100,953,768
    Hospitality
    $92,473,112
    Educational
    $76,936,544
    Medical
    $79,582,504
    Retail
    $119,679,064
400 Capitol Ave, Little Rock, Arkansas

Location Insight

City
Little Rock
County
Pulaski
State
Arkansas
Latitude
34.7454
Longitude
-92.2755
CBSA code
30780
CBSA name
LITTLE ROCK-NORTH LITTLE ROCK, AR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$412,664
$838,590
$5,056,610
$5,895,200
-
$4,192,950
$25,283,050
$29,476,000

FAQs

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