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Crestwood Professional 2501 Crestwood Rd 33,972 SF 92% Leased Office Building North Little Rock, AR 72116 $9,207,315 CAD ($271.03 CAD/SF) 7.19% Cap Rate

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Investment Highlights

Individual tenant heat and air controls
Secured storage cages available for each suite
Shared monument signage

Abundant free parking
Traffic count: approx. 16,000 vehicles per day on North Hills Boulevard, 6,500 vehicles per day on Crestwood and 22,000 vehicles per day on McCain

Executive Summary

Crestwood Professional Office, located at 2501 Crestwood Road, is a 33,972 SF medical office building situated on 1.82 acres. The property is 92% occupied. It’s located off North Hills Boulevard next to McGee Park in the Lakewood neighborhood. The Lakewood area of North Little Rock is one of the most established and desirable residential districts, known for its mature trees, scenic lakes, well-kept neighborhoods, and convenient access to shopping, dining, and major highways. The area offers recreational amenities including lakes, parks, walking trails, and the historic Old Mill. Residents enjoy the convenience of Lakewood Village Shopping Center while remaining just minutes from downtown Little Rock, making the area popular with families, professionals, and retirees alike.

Offering Memorandum - 2501 Crestwood Rd

Property Facts

Sale Type

Investment

Property Type

Office

Property Subtype

Medical

Building Size

33,972 SF

Building Class

Year Built

1993

Price

$9,207,315 CAD

Price Per SF

$271.03 CAD

Cap Rate

7.19%

NOI

$661,579 CAD

Percent Leased

92%

Tenancy

Multiple

Building Height

3 Stories

Typical Floor Size

11,324 SF

Slab To Slab

12’

Building FAR

0.43

Lot Size

1.82 AC

Parking

94 Spaces (2.77 Spaces per 1,000 SF Leased)

Signage

Health Care and Social Assistance
-
-
Lorem Ipsum
Jan 0000

At Crestwood Podiatry and Wound Care Clinic, podiatrist and wound care specialist Edward Sharrer, DPM, provides complete foot and ankle care to people 12 and older living in and around Little Rock, Arkansas, and throughout Pulaski County. Dr. Sharrer and his staff boast over 50 years of combined podiatry experience. They take a holistic and patient-centric approach to treatment, emphasizing healthy lifestyle changes and activity modification whenever possible. Still, the staff understands that some foot and ankle problems require more specialized treatment. Dr. Sharrer never stops learning and loves incorporating new technologies into his practice. In fact, he was one of the first physicians in east Texas to offer regenerative medicine, such as platelet-rich plasma (PRP) and amniotic grafts.

Tenant	Industry	SF Occupied	Rent/SF	Lease Type		Lease End
	Health Care and Social Assistance	-	-	Lorem Ipsum		Jan 0000

1 1

Moderately walkable

60/100

Exceptionally drivable

90/100

Limited public transit

20/100

Somewhat bikeable

30/100

Source: Local Logic^®

Property Taxes

Parcel Numbers	Multiple 33N-019-05-537-05 33N-019-05-537-04	Improvements Assessment	$819,751 CAD
Land Assessment	$427,148 CAD	Total Assessment	$1,246,899 CAD