21 Corporate Hill Drive Little Rock, AR 72205

Listing Agency: CBRE Fayetteville w***@cbre.com Show Phone

Listed By: William Callahan Show Phone

Source: Cbre

Added: Mar 25 Changed: Jul 6 Last Checked: Jul 26 at 3:52AM

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Investment Insights

Based on property information with market context.

This 18,796± SF office and school facility is located on a 2.21± acre lot. The building features two floors with office, classroom, and conference interiors. The property is 100% sprinkled and has a new roof installed in 2019. It is currently occupied by LISA Academy Arkansas Hybrid School, which serves students in grades K-12. LISA Academy Arkansas Hybrid School is part of the charter holder Lisa Academy, which has 13 Schools Statewide serving nearly 4,000 students. The current lease is a net lease, expiring on June 30, 2027, with two 5-year options to renew and extend at 75 bps annual escalations. The landlord is responsible for roof and HVAC replacement. The property is positioned as a great user and corporate location with convenient access to the I-630/I-430 Interchange. In addition to the main building, there are three portable buildings used for storage.

Key Highlights

• Tenant: Established LISA Academy Arkansas Hybrid School (K‑12)
• Net Lease with Landlord Responsible for Roof & HVAC Replacement
• Convenient Access to I‑630/I‑430 Interchange

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FAQs

What type of property is this?

School - 18,796 SF office/school facility on 2.21 acres.

Where is this school located?

The property is located at 21 Corporate Hill Drive Little Rock, AR.

What is the asking price?

The asking price for this property is $3,800,000.

What are key features of this property?

This property features: Tenant: Established LISA Academy Arkansas Hybrid School (K‑12); Net Lease with Landlord Responsible for Roof & HVAC Replacement; Convenient Access to I‑630/I‑430 Interchange