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Sherwood Executive Center 208 E Kiehl Ave 15,500 SF 100% Leased Office Building North Little Rock, AR 72120 $3,970,303 CAD ($256.15 CAD/SF) 8.32% Cap Rate
Executive Summary
Fully leased office and service asset with an included commercial outparcel. Major users include ABC Fitness (~5,000 SF) and iRealty Arkansas (~4,000 SF), alongside Sherwood Chamber, Refresh Wellness, title, legal, accounting, media, beauty, and other service tenants.
$26,050 / month rent roll
$5,937 / month operating expense
$241,357 annual NOI • 77% NOI margin
$26,050 / month rent roll
$5,937 / month operating expense
$241,357 annual NOI • 77% NOI margin
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
15,500 SF
Building Class
B
Year Built/Renovated
1984/2004
Price
$3,970,303 CAD
Price Per SF
$256.15 CAD
Cap Rate
8.32%
NOI
$330,435 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
15,500 SF
Building FAR
0.20
Lot Size
1.82 AC
Zoning
Commercial
Parking
65 Spaces (4.1 Spaces per 1,000 SF Leased)
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Abc Financial Service
- Finance and Insurance
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- AR Refresh Wellness
- Services
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- Real Estate
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As the #1 local Real Estate company in Central Arkansas, they pride themselves on going above and beyond for their clients, being a guide throughout the process, and making it an awesome experience. iRealty Arkansas has become the most contagious Real Estate company in Arkansas.
- Sherwood Chamber of Commerce
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| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Abc Financial Service | Finance and Insurance | - | - | - | ||
| AR Refresh Wellness | Services | - | - | - | ||
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Real Estate | - | - | - | ||
| Sherwood Chamber of Commerce | - | - | - | - |
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Property Taxes
| Parcel Number | 22S-002-00-288-00 | Improvements Assessment | $148,031 CAD |
| Land Assessment | $175,289 CAD | Total Assessment | $323,320 CAD |
Property Taxes
Parcel Number
22S-002-00-288-00
Land Assessment
$175,289 CAD
Improvements Assessment
$148,031 CAD
Total Assessment
$323,320 CAD
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Sherwood Executive Center | 208 E Kiehl Ave
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