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Sherwood Executive Center 208 E Kiehl Ave 15,500 SF 100% Leased Office Building North Little Rock, AR 72120 $4,100,455 CAD ($264.55 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
Included .5 outparcel with frontage on Kiehl and visibility from Hwy 107
$26,050 / month rent roll
$5,937 / month operating expense
$241,357 annual NOI • 77% NOI margin
Included .5 outparcel with frontage on Kiehl and visibility from Hwy 107
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
15,500 SF
Building Class
B
Year Built/Renovated
1984/2004
Price
$4,100,455 CAD
Price Per SF
$264.55 CAD
Cap Rate
8.32%
NOI
$341,267 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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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 | - | - | - | ||
|
Real Estate | - | - | - | ||
| Sherwood Chamber of Commerce | - | - | - | - |
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Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 22S-002-00-288-00 | Improvements Assessment | $152,883 CAD |
| Land Assessment | $181,035 CAD | Total Assessment | $333,918 CAD |
Property Taxes
Parcel Number
22S-002-00-288-00
Land Assessment
$181,035 CAD
Improvements Assessment
$152,883 CAD
Total Assessment
$333,918 CAD
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Sherwood Executive Center | 208 E Kiehl Ave
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