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BANK OF AMERICA | ABSOLUTE NET | STRONG DEMOS 11315 N Rodney Parham Rd 6,184 SF Retail Building Little Rock, AR 72212 $3,559,710 CAD ($575.63 CAD/SF) 6.36% Cap Rate
Investment Highlights
- High-Traffic Corridor: The Property Fronts N. Rodney Parham Rd, One of West Little Rock's Busier Retail Corridors.
- Established Retail Submarket - the Property Sits within Close Proximity To the Broader Pleasant Valley and West Village Retail District.
- Corporate Backed Absolute Net Lease (Zero Landlord Responsibilities) Feat. Above Average 15% Rental Increases Every 5 Years throughout the Options.
- Immediate Access to/from Interstate-430 - the Site is Minutes from I-430, Providing Direct Regional Connectivity To I-630, I-40, and I-30.
- Densely Populated and Affluent Area: Features An Average Household Income Of more than $106k within a 3-Mile Radius.
Executive Summary
Arkansas Broker of Record: Steve Greer | 10527 Kentshire Court, Suite B Baton Rouge, LA 70810 | P: (225) 376-6729 | Lic #: PB00098133 | Steve.Greer@MarcusMillichap.com
Property Facts
Amenities
- Pylon Sign
- Drive Thru
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Finance and Insurance
- 6,184 SF
- -
- Triple Net
- Mar 2032
Bank of America was founded in 1904 as the Bank of Italy in San Francisco and later became Bank of America through expansion and a merger that shaped the modern firm. The company offers consumer banking, credit cards, auto loans, mortgage and home equity products, along with small business, commercial banking, and corporate and investment banking services. Bank of America also provides wealth management through Merrill and Bank of America Private Bank, serving individual consumers, businesses, institutions, and clients with financial and risk management needs. The firm maintains a broad market presence across the United States and internationally through its banking, markets, and advisory businesses.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Finance and Insurance | 6,184 SF | - | Triple Net | Mar 2032 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 43L-112-00-004-00 | Improvements Assessment | $211,049 CAD |
| Land Assessment | $218,431 CAD | Total Assessment | $429,480 CAD |
Property Taxes
Presented by
BANK OF AMERICA | ABSOLUTE NET | STRONG DEMOS | 11315 N Rodney Parham Rd
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