Two-Story Office
For Sale
Contact for pricing
2 Country Club Circle, Maumelle, AR 72113
Elevator-served office property with PRD zoning and access from Country Club Parkway.
Property Size11,700 SF
Price / SF$185.12
Days on Market67
Property Features for 2 Country Club Circle
General Information
Standard status
Active
Size
11,700 SF
Elevators
Yes
Property subtype
Office, Land
Zoning
PRD & I-1
Additional Details
Asking Price
$1,579,000
Building Details
Year Built
1998
Buildings
1
Stories
2
Building Size
11,700 SF
Listing Agency:
Colliers - Little Rock, Arkansas
Listed By:
Alex Mehrabi · License #SA00101503
(501) 372-6161
Source:
Crexi
Added: Aug 27
Changed: Oct 26
Last Checked: Nov 1 at 3:13AM
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, Arkansas
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Investment Insights
Based on property information with market context.
Built in 1998, this two-level office building contains 11,700 SF of total space. The first floor provides 6,500 SF, while the second floor adds 5,200 SF. An elevator serves the building, and ceiling height is 10 feet.
The property is located off Country Club Parkway, with approximately 5,200 vehicles passing daily. PRD zoning applies to the site.
The property is located off Country Club Parkway, with approximately 5,200 vehicles passing daily. PRD zoning applies to the site.
Key Highlights
- 11,700 SF office building completed in 1998
- Two‑story configuration with 6,500 SF on Floor 1 and 5,200 SF on Floor 2
- Elevator on site
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$97,850
Cap Rate
4.52%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,957,000
$2.0M
Cap Rate 7%
$1,397,857
$1.4M
Cap Rate 9%
$1,087,222
$1.1M
Market Conditions
NOI Build-Up for 11,700 SF
Gross rent
$147.4K $12.60/SF
− Vacancy
−$17.0K −$1.45/SF
EGI
$130.5K $11.15/SF
− OpEx
−$32.6K −$2.79/SF
NOI
$97.9K $8.36/SF
Area
Pulaski County, AR
Vacancy
11.50%
Lease Rate
$12.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,957,000
Cap Rate 7%
$1,397,857
Cap Rate 9%
$1,087,222
Alternative Uses
Best Use
Office B
$1.40M
$1.22M – $1.63M
NOI $97,850 @ 7.0% cap · market cap 4.52%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.23M
$1.95M – $2.60M
NOI $156,225 @ 7.0% cap · market cap 7.21%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
72
Businesses Nearby
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Business Placement
Demographics for 72113, AR
25,930
Population
12,260
Households
2.1
Avg Household Size
38
Median Age
46%
College-Educated
96%
High-School Grad
26.3 sq mi
ZIP Area
986
Density / Sq Mi
$72,054
Median Household Income
$46,212
Median Earnings
$1,084
Median Rent
$275,800
Median Home Value
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - Elevator-served office property with PRD zoning and access from Country Club Parkway.
Where is this office building located?
The property is located at 2 Country Club Circle Maumelle, AR.
What is the asking price?
The asking price for this property is $2,165,875.
What are key features of this property?
This property features: 11,700 SF office building completed in 1998; Two‑story configuration with 6,500 SF on Floor 1 and 5,200 SF on Floor 2; Elevator on site
