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Office Suite with Reception Area
New
For Lease
$18 SF/Yr

101-A Parkwood Drive, Lowell, AR 72745

COMMERCIAL - Lowell, AR

Space Size1,350 SF
Lot Size0.48 Acres
Days on Market3

Property Features for 101-A Parkwood Drive

General Information

Property type Commercial Lease
Property subtype Office
Parking features Parking Lot
Lot features Business Park, Corner Lot, City Lot
Directions I49 then east on Monroe
Standard status Active
Size 1,350 SF
Lot size 0.48 Acres

Taxes and HOA fees

Expense value 1950
Expense SecurityDeposit
Expense freq. One Time

Amenities

sign space available

Building Details

Year built 1998
Listing Agency: Keller Williams Market Pro Realty Branch Office · Keller Williams Realty
Listed By: Matt Miller · License #SA00061978
Added: Aug 10 Changed: Aug 11 Last Checked: Aug 12 at 3:06AM
MLS# 1358412

Copyright © 2026 ArkansasONE MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Located at 101-A Parkwood Drive in Lowell, this 1,350-square-foot commercial suite supports office or retail occupancy. The layout includes three offices, a reception area, a kitchen or breakroom, and one bathroom. Utilities for electricity, water, and gas are included, while sign space is available for the occupant.

The property was built in 1998 and includes a parking lot with multiple spaces. Lease terms range from 1 to 3 years and are described as flexible. The suite also has frontage on Monroe, providing an additional point of property exposure.

Key Highlights

  • 1,350 SF office or retail suite
  • Three offices, reception area, kitchen or breakroom, and 1 bathroom
  • Electricity, water, and gas included

Property Analytics

Current Use

Office Units

Lease Details

Yes
Paved road access
Yes
Utilities to site
NNN (Triple Net)
Lease Type
$2.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

10
Businesses Nearby

Demographics for 72745, AR

13,371
Population
5,324
Households
2.5
Avg Household Size
35
Median Age
26%
College-Educated
85%
High-School Grad
31.8 sq mi
ZIP Area
420
Density / Sq Mi
$88,958
Median Household Income
$49,144
Median Earnings
$1,119
Median Rent
$255,700
Median Home Value

Market

Lease Benchmarks for Lowell, AR

$21 /SF/Yr
Avg Asking Price
$13–$29 /SF/Yr
Price Range
4,110 SF
Avg Space Size

This space is priced 14% below the average of $21 /SF/Yr.

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Flexible office or retail space with included utilities, on-site parking, and available signage.
Where is this office units located?
The property is located at 101-A Parkwood Drive Lowell, AR.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: 1,350 SF office or retail suite; Three offices, reception area, kitchen or breakroom, and 1 bathroom; Electricity, water, and gas included
More about this property
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