Retail•Strip Center•For Sale

1203 1205 University Dr, Little Rock, Arkansas 72204

Sale Price $2,500,000
Sale Type Investment
Year Built 1986
Stories 2
Vacancy 85%
Gross Bldg 37,812 SqFt
Land Area 1.83 Acres
Market Midtown
This is a retail building built in 1986. The upstairs consist of 18,670 - only 1248 is not rented. The downstairs has 8090, one unit with 5390 is empty. The rest of the space is storage. Here is an upside. There is then 11,548 which could be finished out to have more rentable space. Tenants have been for over 10 years so this is a stable property. Current owner has a business here and wants to stay. There is extra space that can be rented out as storage or finished out for more retail. 40,000 cars per day, corner lot, plenty of parking, Midtown location, a number of new development in the area. This is a midtown corner lot with 40,000 cars daily. Right off I 630 at a major intersection. New development being built in the area.
  • Midtown
  • Corner Lot - 40,000 vehicles/day
  • 10 years plus for most tenants.
7/1/2019 8:10:19 PM 11/6/2019 7:54:42 PM

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