1 World AveLittle Rock, AR 72202

  • Office buildings
  • 97,461 SF
For Lease
$12/SF/YR View listing

Property Details for 1 World Ave

Year built
1995
Lot size
3.23 AC
Property size (Sq ft)
97,461 SF
Property type
Office buildings
APN
34L-017-00-002-00
APU
34L0170000200

Description

This exceptional Little Rock, Arkansas property at 1 World Ave, offers a diverse range of executive office spaces within a multi-purpose complex. Located in Pulaski County, zip code 72202, this Class A building boasts a total of 98,049 square feet, encompassing retail, office, and restaurant possibilities. Currently, there are five suites available, with a significant amount of vacant space totaling 79,994 square feet. The minimum divisible space is 9,153 square feet, ideal for smaller businesses, while larger tenants can occupy up to 22,275 contiguous square feet. The property features ample parking, a significant advantage in a bustling urban environment. The building's diverse layout caters to various business needs, with options ranging from smaller, efficient executive office suites to larger spaces suitable for expanding companies. The property's strategic location in Little Rock provides easy access to key transportation routes and amenities, making it an attractive option for businesses seeking a prominent address. This is a unique opportunity to secure high-quality office space in a dynamic and thriving area. The property's flexible floor plans allow for customization to meet specific business requirements. Contact us today to explore the possibilities and secure your ideal workspace.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $15,862,168
    6.5%
    $14,642,001
    7%
    $13,596,144
  • Comparable approach

    Method
    Valuation
    Relative Method
    $6,971,386
    Geo Method
    $6,971,386
  • Alternative Use

    Use
    Valuation
    Residential
    $18,156,082
    Hospitality
    $16,630,873
    Educational
    $13,836,691
    Medical
    $14,312,556
    Retail
    $21,523,742

Location Insight

City
Little Rock
County
Pulaski
State
Arkansas
Latitude
34.744
Longitude
-92.2573
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
$2,477
$221,280
-
$221,280
-
$1,106,400
-
$1,106,400

FAQs

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