Flex Space with Drive-In
2222 E Broadway Street, North Little Rock, AR 72114
For Sale
Contact for pricing
Dedicated office space and high ceilings complement the building’s operational layout.
Property Size9,300 SF
Price / SF$0.44
Days on Market485
Property Features for 2222 E Broadway Street
General Information
Standard status
Size
Property subtype
Amenities
drive-in overhead doors
dedicated office space
high ceilings
Concrete
In-Unit Bathroom
Level
1
15
Metal/Vinyl Siding
Slab - Concrete
Paved
2
Overhead Doors,Wheelchair Accessible
Building Details
Year Built
Listing Agency:
Lake Hamilton Realty, Inc.
(501) 620-8992
Listed By:
Steve Street · License AR EB00047659
(501) 525-1466
Source:
Steve.lakehamiltonrealty
Added: Jul 14, 2025
Changed: Nov 10
Last Checked: Nov 9 at 9:13PM
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 Lake Hamilton Realty, Inc.
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Investment Insights
Based on property information with market context.
Built in 2008, this 9,300-square-foot flex property includes dedicated office space, high ceilings, and drive-in overhead doors. Interior features include concrete flooring and an in-unit bathroom; the exterior has metal/vinyl siding and a concrete slab.
An additional lot is available to lease for laydown or parking. The property is at 2222 E Broadway Street in North Little Rock, with access to major transportation routes.
An additional lot is available to lease for laydown or parking. The property is at 2222 E Broadway Street in North Little Rock, with access to major transportation routes.
Key Highlights
- 9,300‑square‑foot flex property built in 2008
- Drive‑in overhead doors and dedicated office space
- Additional lot available to lease for laydown or parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,882
Suggested Prices Based on Cap Rates
Cap Rate 5%
$817,640
$817.6K
Cap Rate 7%
$584,029
$584.0K
Cap Rate 9%
$454,244
$454.2K
Market Conditions
NOI Build-Up for 9,300 SF
Gross rent
$61.4K $6.60/SF
− Vacancy
−$3.0K −$0.32/SF
EGI
$58.4K $6.28/SF
− OpEx
−$17.5K −$1.88/SF
NOI
$40.9K $4.40/SF
Area
Pulaski County, AR
Vacancy
4.85%
Lease Rate
$6.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$817,640
Cap Rate 7%
$584,029
Cap Rate 9%
$454,244
Alternative Uses
Best Use
Flex RnD
$806.8K
$705.9K – $941.3K
NOI $56,475 @ 7.0% cap
Second Best
Warehouse
$709.2K
$620.5K – $827.4K
NOI $49,643 @ 7.0% cap
Theoretical Best
Specialty Retail
$1.77M
$1.55M – $2.07M
NOI $124,179 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
264
Businesses Nearby
Balanced
Demand for This Use
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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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Properties on Market for Flex space in North Little Rock
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - Dedicated office space and high ceilings complement the building’s operational layout.
Where is this flex space located?
The property is located at 2222 E Broadway Street North Little Rock, AR.
What are key features of this property?
This property features: 9,300‑square‑foot flex property built in 2008; Drive‑in overhead doors and dedicated office space; Additional lot available to lease for laydown or parking
