Fenced Flex Space with
For Sale
Contact for pricing
208 Beech Street, North Little Rock, AR 72114
Fenced commercial site with electronic gate access, multiple office areas, and outdoor storage capability.
Property Size4,192 SF
Price / SF$125.24
Days on Market125
Property Features for 208 Beech Street
General Information
Standard status
Active
Size
4,192 SF
Total Parking Spaces
20
Property subtype
Office, Industrial
Zoning
C-4 & R-F
Site & Location
Highway Access
Yes
Fenced Yard
Yes
Outdoor Storage
Yes
Additional Details
Office Units
2
Amenities
reception area
conference room
break room
restrooms
private offices
cubicle workstations
storage space
sink/coffee bar area
monument signage
electronic gate access
Building Details
Year Built
1970
Buildings
2
Units
20
Listing Agency:
Moses Tucker Partners
(501) 376-6555
Listed By:
Fletcher Hanson · License #PB00042821-D02
Source:
Crexi
Added: Apr 30
Changed: Aug 31
Last Checked: Aug 31 at 12:14AM
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 Moses Tucker Partners
Investment Insights
Based on property information with market context.
This 4,192-square-foot flex property combines a primary office with a separate detached office and secured outdoor yard area. The main building includes reception, a conference room, break room, two restrooms, three private offices, five cubicle workstations, and storage. The detached office adds two private offices, a reception/work area, sink and coffee bar area, and a private restroom. The property was built in 1970 and is zoned C-4 & R-F.
A fully fenced site with electronic gate access supports materials, equipment, and jobsite trailer storage. The property is approximately ±0.5 miles from Interstate 30, with reported traffic exceeding 136,000 vehicles per day. It is also within minutes of the Port of Little Rock, the Union Pacific Railroad - North Little Rock Terminal, and Bill and Hillary Clinton National Airport. Monument signage and ±20 onsite parking spaces are included.
A fully fenced site with electronic gate access supports materials, equipment, and jobsite trailer storage. The property is approximately ±0.5 miles from Interstate 30, with reported traffic exceeding 136,000 vehicles per day. It is also within minutes of the Port of Little Rock, the Union Pacific Railroad - North Little Rock Terminal, and Bill and Hillary Clinton National Airport. Monument signage and ±20 onsite parking spaces are included.
Key Highlights
- 4,192 SF flex property with main and detached office areas
- Fully fenced commercial site with electronic gate access
- Main office includes 3 private offices, 5 cubicle workstations, 2 restrooms, conference room, break room, and storage
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$35,059
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.68%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$701,180
$701.2K
Cap Rate 7%
$500,843
$500.8K
Cap Rate 9%
$389,544
$389.5K
Market Conditions
NOI Build-Up for 4,192 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$52.8K $12.60/SF
− Vacancy
−$6.1K −$1.45/SF
EGI
$46.7K $11.15/SF
− OpEx
−$11.7K −$2.79/SF
NOI
$35.1K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$701,180
Cap Rate 7%
$500,843
Cap Rate 9%
$389,544
Alternative Uses
Best Use
Office B
$500.8K
$438.2K – $584.3K
NOI $35,059 @ 7.0% cap · market cap 6.68%
Second Best
Flex RnD
$363.7K
$318.2K – $424.3K
NOI $25,456 @ 7.0% cap · market cap 4.85%
Theoretical Best
Specialty Retail
$799.6K
$699.7K – $932.9K
NOI $55,974 @ 7.0% cap · market cap 10.66%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Office units
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
486
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 72114, AR
10,957
Population
6,733
Households
1.6
Avg Household Size
38
Median Age
19%
College-Educated
84%
High-School Grad
7.7 sq mi
ZIP Area
1,423
Density / Sq Mi
$28,594
Median Household Income
$27,564
Median Earnings
$781
Median Rent
$87,900
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Flex space - Fenced commercial site with electronic gate access, multiple office areas, and outdoor storage capability.
Where is this flex space located?
The property is located at 208 Beech Street North Little Rock, AR.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: 4,192 SF flex property with main and detached office areas; Fully fenced commercial site with electronic gate access; Main office includes 3 private offices, 5 cubicle workstations, 2 restrooms, conference room, break room, and storage
