2 Locations For Sale

Marcus & Millichap is pleased to present the opportunity to acquire a dual-income investment at 11620 & 11700 Rainwood Road in West Little Rock, Arkansas, offered at $1,617,000 representing a 7.66% blended cap rate. The acquisition includes the fee simple real estate and two complementary income streams: a long-term NNN-leased church generating $98,525 in annual rent and an established self-serve coin-op carwash producing $25,346 in EBITDA. responsibilities. The self-serve carwash operates with very low labor and supports absentee ownership, with additional revenue potential through vending equipment additions projected to increase EBITDA to $37,946. The ±7,614-square-foot property sits on ±5.75 acres, was built in 2007, and is eligible for 100% bonus depreciation.

The property is positioned along Rainwood Road (±6,100 VPD) in West Little Rock with convenient access to Interstate 430 (±82,711 VPD), one of the region's primary commercial corridors. The 5-mile trade area holds 130,131 residents with an average household income of $127,337, supported by Baptist Health Medical Center-Little Rock (820+ beds) and the University of Arkansas Grantham (5,500+ enrollment). The property is located approximately 8 miles west of downtown Little Rock within the Little Rock MSA, home to more than 774,000 residents and anchored by major employers including UAMS, Baptist Health, Dillard's, and Amazon.