Multi-Suite Flex
For Sale
Contact for pricing
5105-5313 McClanahan Dr, North Little Rock, AR 72116
Flexible commercial suites on Warden Road with direct access to Interstate 57.
Property Size3,000 SF
Price / SF$0.27
Days on Market48
Property Features for 5105-5313 McClanahan Dr
General Information
Standard status
Active
Size
3,000 SF
Property subtype
Industrial
Site & Location
Highway Access
Yes
Road Access
Yes
Listing Agency:
Little Rock
Listed By:
Justin Bentley · License #SA00073436
(501) 519-7174
Source:
Colliers
Added: Aug 30
Changed: Oct 12
Last Checked: Oct 16 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 Little Rock
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This multipurpose flex property offers a range of suite sizes within a larger business center configuration. The layout is designed to accommodate varied commercial users seeking flexible space in a single North Little Rock location.
The property is located at 5105-5313 McClanahan Dr in North Little Rock, Arkansas, along Warden Road. Interstate 57 is immediately accessible, with the property positioned near its junction with Interstate 40.
The property is located at 5105-5313 McClanahan Dr in North Little Rock, Arkansas, along Warden Road. Interstate 57 is immediately accessible, with the property positioned near its junction with Interstate 40.
Key Highlights
- Multipurpose flex center with a range of available suite sizes
- Located on Warden Road in North Little Rock, Arkansas
- Immediate access to Interstate 57
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,188
Suggested Prices Based on Cap Rates
Cap Rate 5%
$263,760
$263.8K
Cap Rate 7%
$188,400
$188.4K
Cap Rate 9%
$146,533
$146.5K
Market Conditions
NOI Build-Up for 3,000 SF
Gross rent
$19.8K $6.60/SF
− Vacancy
−$960 −$0.32/SF
EGI
$18.8K $6.28/SF
− OpEx
−$5.7K −$1.88/SF
NOI
$13.2K $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%
$263,760
Cap Rate 7%
$188,400
Cap Rate 9%
$146,533
Alternative Uses
Best Use
Flex RnD
$260.3K
$227.7K – $303.6K
NOI $18,218 @ 7.0% cap · market cap 2,277.25%
Second Best
Industrial
$188.4K
$164.9K – $219.8K
NOI $13,188 @ 7.0% cap · market cap 1,648.50%
Theoretical Best
Specialty Retail
$572.3K
$500.7K – $667.6K
NOI $40,058 @ 7.0% cap · market cap 5,007.25%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
548
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 72116, AR
21,715
Population
10,556
Households
2.1
Avg Household Size
42
Median Age
42%
College-Educated
97%
High-School Grad
6.5 sq mi
ZIP Area
3,341
Density / Sq Mi
$75,490
Median Household Income
$46,256
Median Earnings
$1,058
Median Rent
$218,700
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - Flexible commercial suites on Warden Road with direct access to Interstate 57.
Where is this flex space located?
The property is located at 5105-5313 McClanahan Dr North Little Rock, AR.
What are key features of this property?
This property features: Multipurpose flex center with a range of available suite sizes; Located on Warden Road in North Little Rock, Arkansas; Immediate access to Interstate 57
