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    301 N Shackleford Rd Little Rock, AR 72211

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    For Lease
    Contact for pricing

    Retail suites available for lease in Little Rock, Arkansas.

    Type:Retail
    Property size:
    3,813 SF
    Added:
    Aug 13, 2018
    Days on Market:
    2807
    Last Refresh:
    Mar 17 at 1:16 pm

    Property Features for 301 N Shackleford Rd

    General Information

    Standard status
    Active
    Size
    3,813 SF
    Property subtype
    Retail

    Spaces For Lease

    at 301 N Shackleford Rd Contact us

    Suite H1B $20 /Mo

    Size
    1,400 SF
    Type
    Retail
    Contact us

    Suite E2 $13 /Mo

    Size
    2,400 SF
    Type
    Retail
    Contact us

    Suite F1 $13 /Mo

    Size
    2,400 SF
    Type
    Retail
    Contact us

    Suite H1 $13 /Mo

    Size
    1,982 SF
    Type
    Retail
    Contact us

    Suite H2 $13 /Mo

    Size
    3,813 SF
    Type
    Retail
    Former gym space nOverhead door nMen’s & women’s showers nLarge open space
    Contact us

    Suite A1 $22 /Mo

    Size
    2,752 SF
    Type
    Retail
    Contact us
    Show more

    We can help!

    Listing Contact
    Brooke Miller

    Listing agent Brooke Miller License #AR SA00065432

    Listing office Kelley Commercial Partners

    Listing date Aug 13, 2018

    Source Crexi

    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 Kelley Commercial Partners

    Overview

    Retail Suites Available For Lease

    Multiple retail suites are available for lease at this Little Rock, Arkansas location. Suite A1 offers approximately 2,752 square feet and is suitable for a Quick Service Restaurant (QSR) with drive-thru. It includes a walk-in freezer, walk-in cooler, vent hood, and grease trap. The rental rate for Suite A1 is $22.50 per square foot NNN. Suite E2 provides approximately 2,400 square feet at a rate of $13.00 per square foot NNN. Suite F1 also offers approximately 2,400 square feet with a rental rate of $13.00 per square foot NNN. Suite H1 features approximately 1,982 square feet, available for $13.00 per square foot NNN. Suite H1B offers approximately 1,400 square feet at $13.00 per square foot NNN. Lastly, Suite H2 provides approximately 3,813 square feet with a rental rate of $13.00 per square foot NNN.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Stewart Jarrod DDS Dental Office GiGi's Playhouse Little ... Charitable Organization Star of India Restaurant Restaurant Dr. Rachael L. ... Dental Office Arkansas Army National ... Military Recruiting Office

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Little Rock
    County
    Pulaski
    State
    Arkansas
    Longitude
    -92.393744
    Latitude
    34.758405

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    FAQs

    What type of property is this?
    Retail space - Retail suites available for lease in Little Rock, Arkansas.
    Where is this retail space located?
    The property is located at 301 N Shackleford Rd Little Rock, AR.
    What are key features of this property?
    This property features: QSR location available with drive‑thru.; Suite A1 offers a walk‑in freezer and walk‑in cooler.; Suite A1 includes a vent hood and grease trap.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Brooke Miller
    Real Estate License ID: AR SA00065432
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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