Office Suite with Conference
For Sale
Contact for pricing
204 Executive Court #Suite 207, Little Rock, AR 72205
Full-service tenancy includes utilities, janitorial care, and security, with controlled entry available around the clock.
Property Size1,850 SF
Price / SF$1.42
Days on Market50
Property Features for 204 Executive Court #Suite 207
General Information
Standard status
Active
Size
1,850 SF
Total Parking Spaces
40
Property subtype
Commercial
Lease Type
Modified Gross
Site & Location
Highway Access
Yes
Utilities to Site
Yes
Additional Details
Property Use
Office
Amenities
Controlled Access at Entrance (24 hrs)
janitorial services
security services
conference rooms
reception/waiting area
conference/multipurpose room
kitchenette
Elevator
Public Restrooms
Janitor Services
Kitchen Area
Security System
Stairs
Landscaping
Wheelchair Accessible
Building Details
Building Size
1,850 SF
Year Built
1984
Stories
3
Tenancy
Multi
Listing Agency:
Arkbest Realty, Inc.
(501) 374-7222
Listed By:
Tiffani Silvey · License ##SA00097857
(501) 499-4739
Source:
Carolynrussellrealestate
Added: Sep 16
Changed: Nov 3
Last Checked: Nov 4 at 7:25AM
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 Arkbest Realty, Inc.
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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.
Suite 207 at 204 Executive Court offers 1,850 square feet of office space in a building constructed in 1984. Its layout includes a reception and waiting area, five private offices, a large conference or multipurpose room, and a kitchenette. Building tenants also have access to two conference rooms on the third floor.
Controlled entry operates 24 hours a day. Full-service occupancy includes utilities, janitorial service, and security, and ample parking is provided. The building is visible from Interstate 430.
Controlled entry operates 24 hours a day. Full-service occupancy includes utilities, janitorial service, and security, and ample parking is provided. The building is visible from Interstate 430.
Key Highlights
- 1,850‑square‑foot office suite with reception area, five offices, conference room, and kitchenette
- Two shared conference rooms are located on the building’s third floor
- Full‑service occupancy includes utilities, janitorial service, and security
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,614
Suggested Prices Based on Cap Rates
Cap Rate 5%
$352,280
$352.3K
Cap Rate 7%
$251,629
$251.6K
Cap Rate 9%
$195,711
$195.7K
Market Conditions
NOI Build-Up for 1,850 SF
Gross rent
$26.4K $14.28/SF
− Vacancy
−$2.9K −$1.59/SF
EGI
$23.5K $12.69/SF
− OpEx
−$5.9K −$3.17/SF
NOI
$17.6K $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%
$352,280
Cap Rate 7%
$251,629
Cap Rate 9%
$195,711
Alternative Uses
Best Use
Office B
$251.6K
$220.2K – $293.6K
NOI $17,614 @ 7.0% cap · market cap 672.29%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$336.1K
$294.1K – $392.1K
NOI $23,525 @ 7.0% cap · market cap 897.90%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
2,405
Businesses Nearby
Explore this area
Business Placement
Demographics for 72205, AR
22,888
Population
12,187
Households
1.9
Avg Household Size
39
Median Age
54%
College-Educated
96%
High-School Grad
8.0 sq mi
ZIP Area
2,861
Density / Sq Mi
$62,888
Median Household Income
$50,948
Median Earnings
$1,110
Median Rent
$204,400
Median Home Value
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Full-service tenancy includes utilities, janitorial care, and security, with controlled entry available around the clock.
Where is this office unit located?
The property is located at 204 Executive Court #Suite 207 Little Rock, AR.
What are key features of this property?
This property features: 1,850‑square‑foot office suite with reception area, five offices, conference room, and kitchenette; Two shared conference rooms are located on the building’s third floor; Full‑service occupancy includes utilities, janitorial service, and security
