Flex Industrial Building with Dock
For Sale
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10118 Colonel Glenn Rd, Little Rock, AR 72204
Connected office areas include a showroom, four offices, and a kitchenette alongside warehouse space.
Property Size21,400 SF
Price / SF$0.61
Days on Market49
Property Features for 10118 Colonel Glenn Rd
General Information
Standard status
Active
Size
21,400 SF
Site & Location
Neighborhood
John Barrow
Highway Access
Yes
Road Access
Yes
Warehouse & Industrial
Dock-High Doors
3
Drive-In Doors
3
Building Details
Year Built
1976
Listing Agency:
Real Property Management Central AR
Listed By:
Robbie Sherman
(501) 650-5414
Source:
Signaturearkansas
Added: Sep 13
Changed: Oct 25
Last Checked: Oct 7 at 4:05PM
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 Real Property Management Central AR
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Investment Insights
Based on property information with market context.
This flex industrial property combines open warehouse areas with connected office improvements, including a front showroom, four separate offices, and a kitchenette. The building also provides three dock-entry roll-up doors, three drive-in doors, and ample parking. Two roll-up doors measure 12' x 12'.
The property fronts Colonel Glenn Road and is located less than 1/2 mile from I-430 in Little Rock. A connected industrial area measuring approximately 65' x 65' has its own drive-in door and may function independently or be leased separately. Constructed in 1976, the property is stated to be available after 10/1/26.
The property fronts Colonel Glenn Road and is located less than 1/2 mile from I-430 in Little Rock. A connected industrial area measuring approximately 65' x 65' has its own drive-in door and may function independently or be leased separately. Constructed in 1976, the property is stated to be available after 10/1/26.
Key Highlights
- Colonel Glenn Road frontage less than 1/2 mile from I‑430
- Three dock‑entry roll‑up doors and three drive‑in doors
- Two roll‑up doors measure 12' x 12'
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$80,432
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,608,640
$1.6M
Cap Rate 7%
$1,149,029
$1.1M
Cap Rate 9%
$893,689
$893.7K
Market Conditions
NOI Build-Up for 21,400 SF
Gross rent
$120.7K $5.64/SF
− Vacancy
−$5.8K −$0.27/SF
EGI
$114.9K $5.37/SF
− OpEx
−$34.5K −$1.61/SF
NOI
$80.4K $3.76/SF
Area
Little Rock, AR
Vacancy
4.80%
Lease Rate
$5.64 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,608,640
Cap Rate 7%
$1,149,029
Cap Rate 9%
$893,689
Alternative Uses
Best Use
Flex RnD
$2.32M
$2.03M – $2.71M
NOI $162,487 @ 7.0% cap · market cap 1,249.90%
Second Best
Warehouse
$1.40M
$1.22M – $1.63M
NOI $97,667 @ 7.0% cap · market cap 751.28%
Theoretical Best
Office A
$3.89M
$3.40M – $4.54M
NOI $272,128 @ 7.0% cap · market cap 2,093.29%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
3
Dock-high doors
3
Drive-in doors
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
249
Businesses Nearby
Balanced
Demand for This Use
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Business Placement
Demographics for 72204, AR
31,564
Population
14,570
Households
2.2
Avg Household Size
37
Median Age
22%
College-Educated
89%
High-School Grad
15.2 sq mi
ZIP Area
2,077
Density / Sq Mi
$39,088
Median Household Income
$29,733
Median Earnings
$1,016
Median Rent
$117,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - Connected office areas include a showroom, four offices, and a kitchenette alongside warehouse space.
Where is this flex space located?
The property is located at 10118 Colonel Glenn Rd Little Rock, AR.
What are key features of this property?
This property features: Colonel Glenn Road frontage less than 1/2 mile from I‑430; Three dock‑entry roll‑up doors and three drive‑in doors; Two roll‑up doors measure 12' x 12'
