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204 Executive, Little Rock, AR 72202

Full-service executive suites with utilities included in west Little Rock.

Property Size18,821 SF
Price / SF$0.11
Days on Market335

Property Features for 204 Executive

General Information

Standard status Active
Size 18,821 SF
Class B
Property subtype Office
Lease Term NNN

Building Details

Building Size 18,821 SF
Year Built 1984

Properties For Sale

at 204 Executive Contact us

204 Executive - Suite 207

Size 1,850 SF
Type Office Building
Term Negotiable
Contact us

Suite 200

Size 1,177 SF
Type Office Building
Term Negotiable
Contact us
Listing Agency: ArkBest Realty, Inc.
Listed By: Nathan Hutchins · License #AR #PB00063530
Source: Svn
Added: Nov 21, 2025 Changed: Oct 12 Last Checked: Oct 20 at 6:09PM

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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Investment Insights

Based on property information with market context.

204 Executive Court features full-service executive and office suites situated in a professional setting in west Little Rock. The property offers suites that include all utilities, janitorial, and security services, along with controlled 24-hour access for tenants. The building is visible from Interstate 430 and provides generous on-site parking. Tenants have access to two third-floor conference rooms, an elevator, and shared common areas. The property is located just off I-430, providing easy access to I-630, Rodney Parham Road, and Shackleford Road. The surrounding area includes a mix of professional offices, medical practices, retail, and dining options. Its location within the west Little Rock business district offers connectivity to the city’s residential neighborhoods and commercial hubs. The building has a total size of 18821 square feet.

Key Highlights

  • Full‑service suites including all utilities, janitorial, and security.
  • Convenient west Little Rock location with easy access to I‑430 and other major roads.
  • Controlled 24‑hour building access.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$179,198
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,583,960 $3.6M
Cap Rate 7%
$2,559,971 $2.6M
Cap Rate 9%
$1,991,089 $2.0M
Market Conditions
NOI Build-Up for 18,821 SF
Gross rent
$268.8K $14.28/SF
− Vacancy
−$29.8K −$1.59/SF
EGI
$238.9K $12.69/SF
− OpEx
−$59.7K −$3.17/SF
NOI
$179.2K $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%
$3,583,960
Cap Rate 7%
$2,559,971
Cap Rate 9%
$1,991,089

Alternative Uses

Best Use
Office B
$2.56M
$2.24M – $2.99M (±1% cap)
NOI $179,198 @ 7.0% cap · market cap 8,703.16%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.42M
$2.99M – $3.99M (±1% cap)
NOI $239,333 @ 7.0% cap · market cap 11,623.75%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Whelan Security Security Service Arkansas eminent domain ... Law Firm Levar Law Injury ... Law Firm Flip My Marriage Marriage Or Relationship Counselor Wisinger Financial, Inc. Financial Advisor

Location Intelligence

Trade Area within ½ mile

2,405
Businesses Nearby

Demographics for 72202, AR

10,340
Population
7,403
Households
1.4
Avg Household Size
37
Median Age
49%
College-Educated
93%
High-School Grad
7.1 sq mi
ZIP Area
1,456
Density / Sq Mi
$54,167
Median Household Income
$42,981
Median Earnings
$1,040
Median Rent
$246,900
Median Home Value
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

Frequently Asked Questions

What type of property is this?
Office unit - Full-service executive suites with utilities included in west Little Rock.
Where is this office unit located?
The property is located at 204 Executive Little Rock, AR.
What are key features of this property?
This property features: Full‑service suites including all utilities, janitorial, and security.; Convenient west Little Rock location with easy access to I‑430 and other major roads.; Controlled 24‑hour building access.
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