Industrial Flex Office
For Sale
Contact for pricing
1201 Cypress St, North Little Rock, AR 72114
Industrial property with a masonry office/warehouse, stand-alone warehouse, and attached utility building on 1.45 acres.
Property Size17,064 SF
Lot Size1.45 Acres
Price / SF$52.74
Days on Market290
Property Features for 1201 Cypress St
General Information
Standard status
Active
Size
17,064 SF
Lot size
1.45 Acres
Property subtype
INDUSTRIAL
Zoning
I-1
Lease Type
NNN
Additional Details
Highway Access
Yes
Building Details
Construction
Masonry
Properties For Sale
at 1201 Cypress St
Office/Warehouse Space
AVAILABLE, COE
Floor
Bldg
Size
17,064 SF
Type
INDUSTRIAL
Lease Type
NNN
Sublease
No
- Total square footage: 17,064 SF
- Lot size: +/- 1.45 acres
- Lease rate: $7,150/month
or $5.00/SF, NNN
- Offering price: $900,000
- Office/warehouse: +/- 9,920 SF
- Utility building: +/- 1,144 SF
- Stand-alone warehouse: +/- 6,000 SF
- Pylon signage visible from I-30
- Convenient access to Interstate 30
- Zoning: I-1, Industrial
- Traffic count: approximately 119,000
vehicles per day along I-30 and
approximately 7,000 vehicles per
day along East 13th Street
Contact us
Listing Agency:
Colliers - Little Rock
(501) 372-6161
Listed By:
James Clark Irwin
(501) 951-9113
Source:
Moodyscre
Added: Jan 9
Changed: Oct 25
Last Checked: Oct 26 at 1:18PM
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 Colliers - Little Rock
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This industrial property includes approximately 9,920 SF of masonry office/warehouse space, an attached utility building of approximately 1,144 SF, and a stand-alone warehouse of approximately 6,000 SF, all on approximately 1.45 acres. The site also features pylon signage visible from I-40.
The property provides convenient access to Interstate 30. Traffic counts are approximately 119,000 VPD along I-30 and approximately 7,000 VPD along E 13th St, supporting strong visibility for an I-1 industrial-zoned use.
Offered for sale as an industrial-flex style setup, the combined warehouse and office improvements provide a practical configuration for logistics and operations requiring both working space and on-site support space, subject to zoning and use approvals.
The property provides convenient access to Interstate 30. Traffic counts are approximately 119,000 VPD along I-30 and approximately 7,000 VPD along E 13th St, supporting strong visibility for an I-1 industrial-zoned use.
Offered for sale as an industrial-flex style setup, the combined warehouse and office improvements provide a practical configuration for logistics and operations requiring both working space and on-site support space, subject to zoning and use approvals.
Key Highlights
- 1.45‑acre I‑1 Industrial property with masonry office/warehouse, stand‑alone warehouse, and an attached utility building
- Total building area is approximately 17,064 SF, including approximately 9,920 SF masonry office/warehouse
- Includes an attached utility building of approximately 1,144 SF
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$75,012
Cap Rate
8.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,500,240
$1.5M
Cap Rate 7%
$1,071,600
$1.1M
Cap Rate 9%
$833,467
$833.5K
Market Conditions
NOI Build-Up for 17,064 SF
Gross rent
$112.6K $6.60/SF
− Vacancy
−$5.5K −$0.32/SF
EGI
$107.2K $6.28/SF
− OpEx
−$32.1K −$1.88/SF
NOI
$75.0K $4.40/SF
Area
Pulaski County, AR
Vacancy
4.85%
Lease Rate
$6.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,500,240
Cap Rate 7%
$1,071,600
Cap Rate 9%
$833,467
Alternative Uses
Best Use
Flex RnD
$1.48M
$1.30M – $1.73M
NOI $103,623 @ 7.0% cap · market cap 11.51%
Second Best
Warehouse
$1.30M
$1.14M – $1.52M
NOI $91,086 @ 7.0% cap · market cap 10.12%
Theoretical Best
Specialty Retail
$3.25M
$2.85M – $3.80M
NOI $227,848 @ 7.0% cap · market cap 25.32%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
232
Businesses Nearby
Under-served
Demand for This Use
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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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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 - Industrial property with a masonry office/warehouse, stand-alone warehouse, and attached utility building on 1.45 acres.
Where is this flex space located?
The property is located at 1201 Cypress St North Little Rock, AR.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: 1.45‑acre I‑1 Industrial property with masonry office/warehouse, stand‑alone warehouse, and an attached utility building; Total building area is approximately 17,064 SF, including approximately 9,920 SF masonry office/warehouse; Includes an attached utility building of approximately 1,144 SF
