Furnished Office
For Sale
Contact for pricing
10002 W Markham St, Little Rock, AR 72206
Furnished office space with utilities and Wi-Fi included at a Little Rock address.
Property Size5,000 SF
Price / SF$0.18
Days on Market76
Property Features for 10002 W Markham St
General Information
Standard status
Active
Size
5,000 SF
Additional Details
Furnished
Yes
Utilities to Site
Yes
Amenities
Wi-Fi
Building Details
Year Built
1972
Listing Agency:
Mid South Realty
Listed By:
Takeia Johnson
(501) 541-0055
Source:
Pcsingtolittlerock
Added: Aug 8
Changed: Oct 10
Last Checked: Oct 7 at 1:24PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Mid South Realty
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This office property at 10002 W Markham St in Little Rock provides 5,000 of office space with furnishings in place. Utilities and Wi-Fi are included, supporting a ready-to-use workplace setup for an operating business.
Constructed in 1972, the property is located in the 72206 postal area. The existing furnishing package and included connectivity offer practical features for users seeking office space with core services already provided.
Constructed in 1972, the property is located in the 72206 postal area. The existing furnishing package and included connectivity offer practical features for users seeking office space with core services already provided.
Key Highlights
- 5,000 of office space
- Furnished office space
- Utilities included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$47,606
Suggested Prices Based on Cap Rates
Cap Rate 5%
$952,120
$952.1K
Cap Rate 7%
$680,086
$680.1K
Cap Rate 9%
$528,956
$529.0K
Market Conditions
NOI Build-Up for 5,000 SF
Gross rent
$71.4K $14.28/SF
− Vacancy
−$7.9K −$1.59/SF
EGI
$63.5K $12.69/SF
− OpEx
−$15.9K −$3.17/SF
NOI
$47.6K $9.52/SF
Area
Little Rock, AR
Vacancy
11.10%
Lease Rate
$14.28 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$952,120
Cap Rate 7%
$680,086
Cap Rate 9%
$528,956
Alternative Uses
Best Use
Office B
$680.1K
$595.1K – $793.4K
NOI $47,606 @ 7.0% cap · market cap 5,289.56%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$908.3K
$794.8K – $1.06M
NOI $63,581 @ 7.0% cap · market cap 7,064.56%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,696
Businesses Nearby
Explore this area
Business Placement
Demographics for 72206, AR
22,974
Population
10,080
Households
2.3
Avg Household Size
43
Median Age
20%
College-Educated
87%
High-School Grad
111.6 sq mi
ZIP Area
206
Density / Sq Mi
$49,145
Median Household Income
$35,157
Median Earnings
$910
Median Rent
$132,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Furnished office space with utilities and Wi-Fi included at a Little Rock address.
Where is this office unit located?
The property is located at 10002 W Markham St Little Rock, AR.
What are key features of this property?
This property features: 5,000 of office space; Furnished office space; Utilities included
