Multi-Tenant Office
For Sale
Contact for pricing
324 Pershing Boulevard, North Little Rock, AR 72114
Occupied office property with corner positioning, on-site parking, and interstate access.
Property Size11,176 SF
Lot Size1.03 Acres
Price / SF$94
Days on Market52
Property Features for 324 Pershing Boulevard
General Information
Standard status
Active
Size
11,176 SF
Lot size
1.03 Acres
Property subtype
Office
Zoning
C-1
Occupancy
100%
Additional Details
Highway Access
Yes
Building Details
Buildings
1
Tenancy
Multi
Listing Agency:
RPM Group
Listed By:
John Lindsey · License #SA00094506
(501) 230-6233
Source:
Crexi
Added: Sep 14
Changed: Nov 3
Last Checked: Nov 3 at 5:44AM
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 RPM Group
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Investment Insights
Based on property information with market context.
This office building contains 11,176 SF of space across a multi-tenant configuration and is fully occupied. The property sits on 1.03 acres and carries C-1 zoning, with dedicated parking serving the building.
Located at 324 Pershing Boulevard in North Little Rock, the property occupies a corner position with access to I-40 and I-30. Its office layout, existing occupancy, and established parking improvements support continued commercial office use.
Located at 324 Pershing Boulevard in North Little Rock, the property occupies a corner position with access to I-40 and I-30. Its office layout, existing occupancy, and established parking improvements support continued commercial office use.
Key Highlights
- 11,176 SF office building on 1.03 acres
- Fully occupied multi‑tenant office configuration
- C‑1 zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$93,468
Cap Rate
8.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,869,360
$1.9M
Cap Rate 7%
$1,335,257
$1.3M
Cap Rate 9%
$1,038,533
$1.0M
Market Conditions
NOI Build-Up for 11,176 SF
Gross rent
$140.8K $12.60/SF
− Vacancy
−$16.2K −$1.45/SF
EGI
$124.6K $11.15/SF
− OpEx
−$31.2K −$2.79/SF
NOI
$93.5K $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%
$1,869,360
Cap Rate 7%
$1,335,257
Cap Rate 9%
$1,038,533
Alternative Uses
Best Use
Office B
$1.34M
$1.17M – $1.56M
NOI $93,468 @ 7.0% cap · market cap 8.90%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.13M
$1.87M – $2.49M
NOI $149,228 @ 7.0% cap · market cap 14.20%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
689
Businesses Nearby
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - Occupied office property with corner positioning, on-site parking, and interstate access.
Where is this office building located?
The property is located at 324 Pershing Boulevard North Little Rock, AR.
What is the asking price?
The asking price for this property is $1,050,544.
What are key features of this property?
This property features: 11,176 SF office building on 1.03 acres; Fully occupied multi‑tenant office configuration; C‑1 zoning
