17500 Chenal PkwyLittle Rock, AR 72223
- Office properties
- 156,416 SF
Property Details for 17500 Chenal Pkwy
- Year built
- 1996
- Lot size
- 11.76 AC
- Property size (Sq ft)
- 156,416 SF
- Property type
- Office properties
- Property subtype
- Office buildings
- APN
- 53L-036-12-003-00
- APU
- 53L0361200300
Description
17500 Chenal Parkway presents a unique opportunity to lease exceptional office space in Little Rock, Arkansas. This Class A building, constructed in 1996, boasts a total of 156,416 square feet across five stories, situated on a generous 12.49-acre lot. The property is ideally suited for businesses seeking flexible workspace solutions, offering both coworking and traditional office configurations. Multiple tenancies are available, providing options for companies of various sizes. Currently, there are spaces ranging from 7,014 to 15,514 square feet available for lease, allowing for significant scalability. The building's prime location at 17500 Chenal Parkway in the highly sought-after west Little Rock area ensures excellent visibility and accessibility. The single building structure offers a cohesive and efficient workspace environment. This property is perfect for businesses seeking a prestigious address and modern amenities in a thriving commercial district. The available space provides the opportunity for a company to establish a significant presence in a desirable location. The large contiguous spaces are ideal for companies requiring substantial office area. This is a rare opportunity to secure high-quality office space in a competitive market. Contact us today to learn more about leasing options and to schedule a viewing.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $25,457,330
- 6.5%
- $23,499,074
- 7%
- $21,820,568
-
Comparable approach
- Method
- Valuation
- Relative Method
- $11,188,436
- Geo Method
- $11,188,436
-
Alternative Use
- Use
- Valuation
- Residential
- $29,138,852
- Hospitality
- $26,691,032
- Educational
- $22,206,624
- Medical
- $22,970,344
- Retail
- $34,543,640
Location Insight
- City
- Little Rock
- County
- Pulaski
- State
- Arkansas
- Latitude
- 34.7657
- Longitude
- -92.4531
- CBSA code
- 30780
- CBSA name
- LITTLE ROCK-NORTH LITTLE ROCK, AR METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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