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River Market Office with Furniture
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200 River Market Ave, Little Rock, AR

3,272 SF office space in the River Market.

Property Size3,272 SF
Lot Size0.07 Acres
Price / SF$241.44
Days on Market514

Property Features for 200 River Market Ave

General Information

Standard status Active
Size 3,272 SF
Lot size 0.07 Acres
Property subtype OFFICE
Lease Type NNN

Properties For Sale

at 200 River Market Ave
200 River Market Ave AVAILABLE, Now
Floor 6
Size 3,272 SF
Type OFFICE
Lease Type NNN
• Available space: 3,272 square feet • High ceilings • Six private executive offices, four cube stations, waiting/reception area, kitchen, two private bathrooms – one with a shower • Large conference room with A/V equipment • Controlled/secure access • All furniture included • Located in heart of the River Market – walking distance to numerous restaurants and retailers • Street parking and secure deck parking available
Contact us
Listing Agency: Colliers - Little Rock
Listed By: Graham Gordon · License #SA00095981
Source: Moodyscre
Added: May 13, 2025 Changed: Oct 2 Last Checked: Oct 7 at 3:16PM

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

Investment Insights

Based on property information with market context.

This 3,272 square-foot office space is located in the heart of the River Market, within walking distance of numerous restaurants and retailers. The space features high ceilings, six private executive offices, four cube stations, a waiting/reception area, and a kitchen. It also includes two private bathrooms, one of which has a shower. A large conference room is equipped with A/V equipment. The property offers controlled/secure access. All furniture is included. Street parking and secure deck parking are available.

Key Highlights

  • Prime River Market location: Walking distance to restaurants and retailers.
  • Fully furnished 3,272 sq ft space with 6 private offices, cube stations, and reception area.
  • Large conference room with A/V equipment.**

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$31,153
Cap Rate
3.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$623,060 $623.1K
Cap Rate 7%
$445,043 $445.0K
Cap Rate 9%
$346,144 $346.1K
Market Conditions
NOI Build-Up for 3,272 SF
Gross rent
$46.7K $14.28/SF
− Vacancy
−$5.2K −$1.59/SF
EGI
$41.5K $12.69/SF
− OpEx
−$10.4K −$3.17/SF
NOI
$31.2K $9.52/SF
Area
Little Rock, AR
Vacancy
11.10%
Lease Rate
$14.28 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$623,060
Cap Rate 7%
$445,043
Cap Rate 9%
$346,144

Alternative Uses

Best Use
Office B
$445.0K
$389.4K – $519.2K (±1% cap)
NOI $31,153 @ 7.0% cap · market cap 3.94%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$594.4K
$520.1K – $693.5K (±1% cap)
NOI $41,608 @ 7.0% cap · market cap 5.27%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Open Analytics

Current Use

Jerramy Icenhower Physician Connect Arkansas Charitable Organization Corum Gary D Law Firm The Heeter Group, LLC Holding Company Cindy Hall Physician

Suggested Use

Top Pick Butcher Garden Center (Bike/Boat/Book/etc) Store Pet Store Pet Store & Service Clothing & Fashion Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

608
Businesses Nearby
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office units - 3,272 SF office space in the River Market.
Where is this office units located?
The property is located at 200 River Market Ave Little Rock, AR.
What is the asking price?
The asking price for this property is $790,000.
What are key features of this property?
This property features: Prime River Market location: Walking distance to restaurants and retailers.; Fully furnished 3,272 sq ft space with 6 private offices, cube stations, and reception area.; Large conference room with A/V equipment.**
(501) 978-6503 Call to check price and availability
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