4715 Shackleford RdLittle Rock, AR 72204

  • Retail properties
  • 11,794 SF
For Sale
$4,143,063 View listing

Property Details for 4715 Shackleford Rd

Year built
2015
Lot size
2.61 AC
Property size (Sq ft)
11,794 SF
Property type
Retail properties
Property subtype
Retail space
APN
44L-144-09-003-00
APU
44L1440900300

Description

This exceptional investment opportunity presents a 4,200 square foot Circle K convenience store and gas station located at 4715 S Shackleford Rd, Little Rock, AR 72204. The property sits on a 1.54-acre lot and boasts a Class A building constructed in 2019. This absolute NNN lease offers a substantial 7.04% cap rate with a strong NOI of $291,672. The 15.7-year remaining lease term includes 10% rent bumps every five years, ensuring consistent income growth. The tenant is a major Circle K franchisee with a significant portfolio. The property benefits from its prime location along a major retail corridor with high daily traffic counts exceeding 19,000 vehicles. Its visibility at a signalized hard corner ensures excellent accessibility. The area is densely populated, with over 138,000 people residing within a 5-mile radius, and is near the University of Arkansas at Little Rock, numerous auto dealerships, and major national retailers like Walmart, Sam's Club, and Lowe's. Furthermore, its proximity to Baptist Health Medical Center Little Rock adds to its strategic location. The lease includes a rare fuel sales reporting clause for bonus depreciation, offering significant tax advantages. This property represents a secure, high-return investment with substantial long-term potential.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,821,696
    6.5%
    $2,604,642
    7%
    $2,418,596
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,125,934
    Geo Method
    $2,125,934
  • Alternative Use

    Use
    Valuation
    Residential
    $2,197,113
    Hospitality
    $2,012,544
    Educational
    $1,674,413
    Medical
    $1,731,998
    Retail
    $2,604,642
4715 Shackleford Rd, Little Rock, Arkansas

Location Insight

City
Little Rock
County
Pulaski
State
Arkansas
Latitude
34.7109
Longitude
-92.391
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
$25,577
$113,691
$251,700
$365,391
-
$568,455
$1,258,500
$1,826,955

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].