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701 W 7th St 41,000 SF 100% Leased Office Building Little Rock, AR 72201 $3,121,845 CAD ($76.14 CAD/SF)
INVESTMENT HIGHLIGHTS
- Offers direct access to Highway 70
EXECUTIVE SUMMARY
INVESTMENT OPPORTUNITY (ONLY $55/SF) WITH POTENTIAL OWNER LEASE BACK! The current owner is willing to sign a 3 year lease at closing to give new owner income and/or flexibility. Property has been renovated since 2018. LIST PRICE IS $800K LESS THAN A 2022 APPRAISAL. Brand new roof in July 2021.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Building Size
41,000 SF
Building Class
B
Year Built
1955
Price
$3,121,845 CAD
Price Per SF
$76.14 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
20,500 SF
Building FAR
1.00
Lot Size
0.94 AC
Zoning
commercial - commercial
Parking
5 Spaces (0.12 Spaces per 1,000 SF Leased)
1 1
PROPERTY TAXES
| Parcel Number | 34L-020-09-088-01 | Improvements Assessment | $422,246 CAD |
| Land Assessment | $51,222 CAD | Total Assessment | $473,468 CAD |
PROPERTY TAXES
Parcel Number
34L-020-09-088-01
Land Assessment
$51,222 CAD
Improvements Assessment
$422,246 CAD
Total Assessment
$473,468 CAD
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701 W 7th St
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