9 Freeway DrLittle Rock, AR 72204

Property Details for 9 Freeway Dr

Year built

1999

Lot size

1.48 AC

Property size (Sq ft)

11,372 SF

Property type

Office properties

Property subtype

Office buildings

APN

44L-001-04-004-00

APU

44L0010400400

Description

This exceptional 4,267 square foot medical office space, part of a larger 11,372 square foot building, presents a rare plug-and-play opportunity in Little Rock's desirable midtown area. Situated at 9 Freeway Drive, this single-story, Class B building offers convenient access to I-430, ensuring excellent visibility and accessibility for patients and staff. Built in 1999, the property sits on a spacious 1.64-acre lot and is currently configured for multiple tenants. The available space is fully remodeled and ready for immediate occupancy, eliminating the need for extensive renovations. Lease terms are triple-net (NNN) at a rate of $24.00 per square foot, with a tenant improvement allowance available for negotiation. This turnkey solution is perfect for medical practices seeking a modern, efficient, and conveniently located space to establish or expand their operations. The property's location in Pulaski County, Arkansas, offers a strong patient base and a thriving medical community. This is an exceptional opportunity to secure a prime medical office space in a high-demand area. Don't miss out on this chance to establish your practice in a well-equipped and strategically located building.

• CAP approach

  CAP return

  Valuation

  6%

  $1,807,594

  6.5%

  $1,668,548

  7%

  $1,549,366

• Comparable approach

  Method

  Valuation

  Relative Method

  $813,439

  Geo Method

  $813,439

• Alternative Use

  Use

  Valuation

  Residential

  $2,069,000

  Hospitality

  $1,895,193

  Educational

  $1,576,778

  Medical

  $1,631,006

  Retail

  $2,452,766

Location Insight

City

Little Rock

County

Pulaski

State

Arkansas

Latitude

34.7438

Longitude

-92.3539

CBSA code

30780

CBSA name

LITTLE ROCK-NORTH LITTLE ROCK, AR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].