Restaurant Building with C2
For Sale
$1,299,000
5524 John F Kennedy Blvd North Little, North Little Rock, AR 72116
Existing commercial building with C2 zoning and a layout suited to restaurant or retail use.
Property Size4,567 SF
Lot Size2.40 Acres
Price / SF$284.43
Days on Market52
Property Features for 5524 John F Kennedy Blvd North Little
General Information
Standard status
Active
Size
4,567 SF
Total Parking Spaces
58
Lot size
2.40 Acres
Property subtype
Restaurant
Zoning
C2
Site & Location
Traffic Count
25,000 vehicles/day
Road Access
Yes
Building Details
Building Size
4,567 SF
Year Built
1938
Buildings
1
Listing Agency:
Keller Williams Realty
Listed By:
Cassie Wells · License #EB00047984
(501) 993-1973
Source:
Thebrokerlist
Added: Aug 26
Changed: Oct 15
Last Checked: Oct 16 at 5:39AM
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 Keller Williams Realty
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Investment Insights
Based on property information with market context.
The property includes a 4,567-square-foot commercial building constructed in 1938 on a 2.4-acre site. Its interior configuration supports restaurant and retail operations, while C2 zoning provides the stated land-use designation. On-site parking accommodates 58 vehicles, and the parcel offers 420 linear feet along John F Kennedy Boulevard.
The site records traffic of 25,000 cars per day and sits 4/10 of a mile from McCain Boulevard. McCain Mall is identified among the nearby retail destinations, with surrounding residential and commercial development contributing to the area's established business setting. The property combines an existing building, substantial land area, parking, and prominent roadway exposure within the North Little Rock area.
The site records traffic of 25,000 cars per day and sits 4/10 of a mile from McCain Boulevard. McCain Mall is identified among the nearby retail destinations, with surrounding residential and commercial development contributing to the area's established business setting. The property combines an existing building, substantial land area, parking, and prominent roadway exposure within the North Little Rock area.
Key Highlights
- 4,567 SF commercial building constructed in 1938
- 2.4‑acre site with 420 lineal feet on John F Kennedy
- C2 zoning supports the stated commercial land‑use designation
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$60,981
Cap Rate
4.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,219,620
$1.2M
Cap Rate 7%
$871,157
$871.2K
Cap Rate 9%
$677,567
$677.6K
Market Conditions
NOI Build-Up for 4,567 SF
Gross rent
$86.6K $18.96/SF
− Vacancy
−$5.3K −$1.16/SF
EGI
$81.3K $17.80/SF
− OpEx
−$20.3K −$4.45/SF
NOI
$61.0K $13.35/SF
Area
Pulaski County, AR
Vacancy
6.10%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,219,620
Cap Rate 7%
$871,157
Cap Rate 9%
$677,567
Alternative Uses
Best Use
Specialty Retail
$871.2K
$762.3K – $1.02M
NOI $60,981 @ 7.0% cap · market cap 4.69%
Second Best
Retail
$602.1K
$526.8K – $702.5K
NOI $42,147 @ 7.0% cap · market cap 3.24%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
25,000 VPD
Traffic count
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
446
Businesses Nearby
100k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 68%
Shops & Services 27%
Electronics 3%
Home Improvements & Furnishings 1%
Kum & Go
Shops & Services
22,078 visits/mo
0.2 miles
7 Brew Coffee
Dining
19,964 visits/mo
0.4 miles
Starbucks
Dining
11,862 visits/mo
0.4 miles
Hardee's
Dining
10,362 visits/mo
0.4 miles
Larry's Pizza
Dining
6,302 visits/mo
0.4 miles
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Restaurant - Existing commercial building with C2 zoning and a layout suited to restaurant or retail use.
Where is this restaurant located?
The property is located at 5524 John F Kennedy Blvd North Little North Little Rock, AR.
What is the asking price?
The asking price for this property is $1,299,000.
What are key features of this property?
This property features: 4,567 SF commercial building constructed in 1938; 2.4‑acre site with 420 lineal feet on John F Kennedy; C2 zoning supports the stated commercial land‑use designation
