Listed by Marshall Peters & Associates
$279,950
406 West 26th
Details
Property Type Office
Sub Type Creative Office
Square Footage 2,532
Net Rentable (SqFt) 2,532
Units 2
NOI $1,168
Occupancy 50%
Lease Type Modified
Pro-Forma Cap Rate 10.58%
Pro-Forma NOI $29,616
Class C
Year Built 1971
Buildings 1
Stories 1
Acreage 0.270
Parking Spaces 15 spaces
Parking Per SqFt 5.92
Investment Type Owner/User
Office | 2,532 SF New Price!
Marketing description
Nice office building in North Little Rock! The left side is occupied by a long term hearing lab. The right side has had a doctors office in it for years, but is now vacant. We are leaving it vacant for now in case a new owner wants to occupy it and for ease of showing. Ample front door parking and a three year old roof. The two units are 2532 sf +/- in total. Each one is about the same size and divided into offices and exam rooms. Please call me for showing instructions and information.
The right side of this property is also for lease please contact listing agent for details for details.
Listing Contacts
Listed by Marshall Peters & Associates
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$1,168.00
$97.33/mo
Valuation Metrics
0
DSCR
0.42%
Cap Rate
0.42%
ROI
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