Multi-Suite Office
For Sale
$500,000
1100 W 2nd Street, Little Rock, AR 72201
Multi-suite office setup with move-in-ready space and additional suites for custom build-out, plus ample on-site parking.
Days on Market182
Property Features for 1100 W 2nd Street
General Information
Standard status
Active
Property subtype
Commercial
Additional Details
Highway Access
Yes
Building Details
Building Size
3,654 SF
Year Built
1961
Listing Agency:
Keller Williams Realty
(501) 425-2098
Listed By:
Broderic Armstead
(501) 425-2098
Source:
Proeliterealty
Added: Jan 30
Changed: Jul 30
Last Checked: Jul 30 at 12:50PM
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 Keller Williams Realty
Investment Insights
Based on property information with market context.
This multi-suite office property at 1100 W 2nd Street offers flexible configurations for a range of professional uses. A move-in-ready portion is available for immediate occupancy, while adjoining office suites provide room for a tailored custom build-out. The overall setup is designed to support businesses seeking dedicated, flexible office space, including options suitable for professional offices, creative firms, medical, and service providers.
Set in Downtown Little Rock, the property is positioned for visibility and convenient access for employees and clients. Ample on-site parking helps support day-to-day operations, and easy highway access can simplify commuting.
The building was constructed in 1961.
Set in Downtown Little Rock, the property is positioned for visibility and convenient access for employees and clients. Ample on-site parking helps support day-to-day operations, and easy highway access can simplify commuting.
The building was constructed in 1961.
Key Highlights
- Move‑in‑ready office portion for immediate occupancy
- Additional adjoining suites available for custom build‑out
- Multiple office suites for flexible business configuration
Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $65.3k | $17.88 |
| − Vacancy | −$7.3k | −$1.98 |
| EGI | $58.1k | $15.90 |
| − OpEx | −$23.2k | −$6.36 |
| NOI | $34.8k | $9.54 |
3,654 SF · lease $17.88/SF/yr · vacancy 11.10% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$497.8K
$435.6K – $580.8K
NOI $34,849 @ 7.0% cap · market cap 6.97%
Second Best
Office B
$497.0K
$434.9K – $579.8K
NOI $34,790 @ 7.0% cap · market cap 6.96%
Theoretical Best
Office A
$663.8K
$580.8K – $774.4K
NOI $46,465 @ 7.0% cap · market cap 9.29%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
3,694
Businesses Nearby
Explore this area
Business Placement
Demographics for 72201, AR
961
Population
628
Households
1.5
Avg Household Size
44
Median Age
78%
College-Educated
100%
High-School Grad
1.2 sq mi
ZIP Area
801
Density / Sq Mi
$112,045
Median Household Income
$71,188
Median Earnings
$1,344
Median Rent
$262,300
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Multi-suite office setup with move-in-ready space and additional suites for custom build-out, plus ample on-site parking.
Where is this office units located?
The property is located at 1100 W 2nd Street Little Rock, AR.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Move‑in‑ready office portion for immediate occupancy; Additional adjoining suites available for custom build‑out; Multiple office suites for flexible business configuration
