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Fenced Flex Space with Yard
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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 Market171

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
Listed By: Fletcher Hanson · License #PB00042821-D02
Source: Crexi
Added: Apr 30 Changed: Oct 3 Last Checked: Oct 16 at 9:44AM

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

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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.

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 / Yr
$35,059
Cap Rate
6.68%
Suggested Prices Based on Cap Rates
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
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 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 (±1% cap)
NOI $35,059 @ 7.0% cap · market cap 6.68%
Second Best
Flex RnD
$363.7K
$318.2K – $424.3K (±1% cap)
NOI $25,456 @ 7.0% cap · market cap 4.85%
Theoretical Best
Specialty Retail
$799.6K
$699.7K – $932.9K (±1% cap)
NOI $55,974 @ 7.0% cap · market cap 10.66%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

All Water Heeter ... Plumbing Service Hydco Inc Construction Company

Suggested Use

Top Pick Dental Office Pharmacy Skin Care Clinic Storage Facility (Bike/Boat/Book/etc) Store Veterinary Clinic

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

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

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
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?
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
(501) 376-6555 Call to check price and availability
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