Search
Two-Story Office Building
New
For Sale
$1,900,000

10901 Financial Centre Parkway, Little Rock, AR 72211

COMMERCIAL - Little Rock, AR

Property Size9,000 SF
Lot Size0.70 Acres
Price / SF$211.11
Days on Market1

Property Features for 10901 Financial Centre Parkway

General Information

Property type Commercial Sale
Property subtype Other
Zoning description General Office
Parking 20
Interior features Sprinkler, Public Restrooms, Smoke Detector, Window Treatments, Handicapped Design, Fire System, Kitchen Area, Living Area, Ceiling Fans
Exterior features Dumpster, Roof Sign
Accessibility Accessible Approach with Ramp
Lot features Sloped, Level, Corner Lot, City Lot
Directions Interstate 430 to Chenal to Financial Center Parkway Building on the Corner of Chenal And Financial Center Parkway
Subdivision Little Rock
Standard status Active
APN 44L0690100201
Size 9,000 SF
Lot size 0.70 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description LOT C-2R A REPLAT OF TR C
Tax Annual Amount 11490
Legal Description LOT C-2R A REPLAT OF TR C

Amenities

monument signage

Building Details

Year built 1992
Floors in Building 2
Flooring type Carpet - Partial, Tile, Vinyl
Roof type Membrane
Architectural style Other
Listing Agency: CBRPM Bryant · Coldwell Banker Real Estate
Listed By: Amy Eden
Added: Aug 14 Last Checked: Aug 14 at 4:06PM
MLS# 26033201

Copyright © 2026 Cooperative Arkansas Realtors Multiple Listing Service. 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.

This two-level office building contains 9,000 square feet on a 0.7-acre parcel. The layout includes public restrooms, a kitchen area, partial carpet, tile and vinyl flooring, window treatments, ceiling fans, and accessibility features including a ramped approach. Fire protection includes a sprinkler system, fire system, and smoke detectors. The building was constructed in 1992 and has a membrane roof.

Positioned at 10901 Financial Centre Parkway in Little Rock, the property occupies a corner lot with approximately 45,000 vehicles passing daily. Exterior features include monument signage, a roof sign, and surface parking. The site also provides convenient connections to I-430 and I-630.

Key Highlights

  • 9,000‑square‑foot office building on 0.7 acres
  • Two‑story configuration with flexible office layout
  • Corner‑lot position on Financial Centre Parkway

Financial Insights

Estimated NOI and Cap Rate

NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$85,691
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.51%
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,713,820 $1.7M
Cap Rate 7%
$1,224,157 $1.2M
Cap Rate 9%
$952,122 $952.1K
Market Conditions
NOI Build-Up for 9,000 SF Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent. EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs. OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements. NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$128.5K $14.28/SF
− Vacancy
−$14.3K −$1.59/SF
EGI
$114.3K $12.69/SF
− OpEx
−$28.6K −$3.17/SF
NOI
$85.7K $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 rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,713,820
Cap Rate 7%
$1,224,157
Cap Rate 9%
$952,122

Alternative Uses

Best Use
Office B
$1.22M
$1.07M – $1.43M (±1% cap)
NOI $85,691 @ 7.0% cap · market cap 4.51%
Second Best
no second resolved use
Theoretical Best
Office A
$1.63M
$1.43M – $1.91M (±1% cap)
NOI $114,446 @ 7.0% cap · market cap 6.02%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Dr. Roosevelt Jensen, ... Physician BelFlex Staffing Network Employment Agency Travel With Friends Travel Agency American Interstate Insurance ... Insurance Agency Apollo Cirrus Hair ... Hair Salon

Suggested Use

Top Pick Big Box & Wholesale Store Building Supply HVAC Service Kitchen & Bath Showroom Electrical Service Food Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

2,463
Businesses Nearby

Demographics for 72211, AR

24,338
Population
12,009
Households
2
Avg Household Size
35
Median Age
56%
College-Educated
97%
High-School Grad
8.3 sq mi
ZIP Area
2,932
Density / Sq Mi
$80,808
Median Household Income
$53,527
Median Earnings
$1,142
Median Rent
$257,800
Median Home Value

Market

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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office building - Corner-lot office property with monument signage, surface parking, and access to I-430 and I-630.
Where is this office building located?
The property is located at 10901 Financial Centre Parkway Little Rock, AR.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: 9,000‑square‑foot office building on 0.7 acres; Two‑story configuration with flexible office layout; Corner‑lot position on Financial Centre Parkway
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message