Multi-Suite Flex Warehouse
1112 West 9th Street, North Little Rock, AR 72114
For Sale
Contact for pricing
Built in 2018, this flex warehouse offers heated-and-cooled space, 18-foot clear heights, and grade-level access across three suites.
Property Size6,720 SF
Lot Size0.33 Acres
Price / SF$118.90
Days on Market155
Property Features for 1112 West 9th Street
General Information
Standard status
Size
Lot size
Property subtype
Zoning
Occupancy
Lease Type
Net Operating Income
Additional Details
Opportunity Zone
Fenced Yard
Clear Height
Building Details
Year Built
Buildings
Stories
Units
Tenancy
Listing Agency:
RPM Group
Listed By:
John Lindsey · License AR SA00094506
(501) 230-6233
Source:
Crexi
Added: Jun 9
Changed: Oct 25
Last Checked: Nov 10 at 8:35AM
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 RPM Group
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Investment Insights
Based on property information with market context.
This built-in-2018 flex warehouse is configured as three separate 2,056 SF ± suites, each supporting independent occupancy within a single building. The space includes heated and cooled warehouse areas and offers 18-foot clear heights, with grade-level access for practical day-to-day operations. The site is improved with reinforced concrete paving, exterior lighting, and perimeter security that includes a 6-foot wood privacy fence and a secured wood gate.
The property is for sale and is located within an Opportunity Zone. It sits on a 0.33-acre ± lot, providing a compact, functional footprint for industrial and flex users that need warehouse capability with straightforward truck-and-access needs.
For tenants, the suite-based layout can support flexible footprint requirements while keeping operations within a modern, maintained warehouse environment. For buyers and investors, the building’s three existing tenants and fully occupied status offer a turnkey setup, combined with warehouse characteristics such as clear height, climate-controlled areas, and grade-level access that can support a range of light industrial and distribution uses.
The property is for sale and is located within an Opportunity Zone. It sits on a 0.33-acre ± lot, providing a compact, functional footprint for industrial and flex users that need warehouse capability with straightforward truck-and-access needs.
For tenants, the suite-based layout can support flexible footprint requirements while keeping operations within a modern, maintained warehouse environment. For buyers and investors, the building’s three existing tenants and fully occupied status offer a turnkey setup, combined with warehouse characteristics such as clear height, climate-controlled areas, and grade-level access that can support a range of light industrial and distribution uses.
Key Highlights
- 6,720 SF flex warehouse built in 2018, currently 100% occupied by three tenants
- Divided into three 2,056 SF ± suites for flexible leasing and layout
- Heated and cooled warehouse space with 18‑foot clear heights
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,808
Cap Rate
5.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$816,160
$816.2K
Cap Rate 7%
$582,971
$583.0K
Cap Rate 9%
$453,422
$453.4K
Market Conditions
NOI Build-Up for 6,720 SF
Gross rent
$66.9K $9.96/SF
− Vacancy
−$4.1K −$0.62/SF
EGI
$62.8K $9.34/SF
− OpEx
−$22.0K −$3.27/SF
NOI
$40.8K $6.07/SF
Area
Pulaski County, AR
Vacancy
6.20%
Lease Rate
$9.96 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$816,160
Cap Rate 7%
$582,971
Cap Rate 9%
$453,422
Alternative Uses
Best Use
Flex RnD
$583.0K
$510.1K – $680.1K
NOI $40,808 @ 7.0% cap · market cap 5.11%
Second Best
Warehouse
$512.4K
$448.4K – $597.9K
NOI $35,871 @ 7.0% cap · market cap 4.49%
Theoretical Best
Specialty Retail
$1.28M
$1.12M – $1.50M
NOI $89,729 @ 7.0% cap · market cap 11.23%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
18 ft
Clear height
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
385
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 72114, AR
10,957
Population
6,733
Households
1.6
Avg Household Size
38
Median Age
19%
College-Educated
84%
High-School Grad
7.7 sq mi
ZIP Area
1,423
Density / Sq Mi
$28,594
Median Household Income
$27,564
Median Earnings
$781
Median Rent
$87,900
Median Home Value
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Market
Properties on Market for Flex space in North Little Rock
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Adams Catfish Express & Catering — 215 N Cross St, Little Rock, AR 72201
- Katie Connally Confections — 201 W 4th St, North Little Rock, AR 72114
- Forever Yours Catering — 1715 Main St, North Little Rock, AR 72114
Frequently Asked Questions
What type of property is this?
Flex space - Built in 2018, this flex warehouse offers heated-and-cooled space, 18-foot clear heights, and grade-level access across three suites.
Where is this flex space located?
The property is located at 1112 West 9th Street North Little Rock, AR.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: 6,720 SF flex warehouse built in 2018, currently 100% occupied by three tenants; Divided into three 2,056 SF ± suites for flexible leasing and layout; Heated and cooled warehouse space with 18‑foot clear heights
