Industrial Warehouse with Office
For Sale
Contact for pricing
6401 Lindsey Rd, Little Rock, AR 72206
Large industrial facility with office space, I3 zoning, seven dock doors, and a rail spur at the Port of Little Rock.
Property Size131,044 SF
Lot Size11.13 Acres
Price / SF$51.89
Days on Market112
Property Features for 6401 Lindsey Rd
General Information
Standard status
Active
Size
131,044 SF
Lot size
11.13 Acres
Property subtype
INDUSTRIAL
Zoning
I3
Warehouse & Industrial
Clear Height
21.2 ft
Office Build-Out
5,913 SF
Dock-High Doors
7
Drive-In Doors
1
Additional Details
Highway Access
Yes
Building Details
Buildings
1
Building Size
131,044 SF
Listing Agency:
Hathaway Group
(501) 663-5400
Listed By:
Wes Martin, SIOR, CCIM
(501) 765-1585
Source:
Moodyscre
Added: May 27
Changed: Sep 5
Last Checked: Sep 14 at 12:34PM
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 Hathaway Group
Investment Insights
Based on property information with market context.
Industrial warehouse totaling 131,044 SF on an 11.13-acre site, including 5,913 SF of office space. The facility offers ceiling heights ranging from 19’10” to 21’2”, with 7 dock doors and 1 drive-in door for flexible loading and receiving.
The property is located in the Port of Little Rock and has excellent access to Interstate 440. It is approximately 4 miles to Clinton National Airport. A rail spur is included and can be activated, supporting rail-served operations.
Industrial zoning is listed as I3. This combination of warehouse scale, office space, and both truck and rail connectivity supports a range of logistics and industrial uses.
The property is located in the Port of Little Rock and has excellent access to Interstate 440. It is approximately 4 miles to Clinton National Airport. A rail spur is included and can be activated, supporting rail-served operations.
Industrial zoning is listed as I3. This combination of warehouse scale, office space, and both truck and rail connectivity supports a range of logistics and industrial uses.
Key Highlights
- 131,044 SF industrial warehouse on an 11.13‑acre site
- 5,913 SF office space within the facility
- Ceiling heights range from 19’10” to 21’2”
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$598,070
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.80%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$11,961,400
$12.0M
Cap Rate 7%
$8,543,857
$8.5M
Cap Rate 9%
$6,645,222
$6.6M
Market Conditions
NOI Build-Up for 131,044 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$739.1K $5.64/SF
− Vacancy
−$35.5K −$0.27/SF
EGI
$703.6K $5.37/SF
− OpEx
−$105.5K −$0.81/SF
NOI
$598.1K $4.56/SF
Area
Little Rock, AR
Vacancy
4.80%
Lease Rate
$5.64 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$11,961,400
Cap Rate 7%
$8,543,857
Cap Rate 9%
$6,645,222
Alternative Uses
Best Use
Office B
$17.82M
$15.60M – $20.79M
NOI $1,247,695 @ 7.0% cap · market cap 18.35%
Second Best
Warehouse
$8.54M
$7.48M – $9.97M
NOI $598,070 @ 7.0% cap · market cap 8.80%
Theoretical Best
Office A
$23.81M
$20.83M – $27.77M
NOI $1,666,389 @ 7.0% cap · market cap 24.51%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
21 ft
Clear height
7
Dock-high doors
1
Drive-in doors
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
82
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 72206, AR
22,974
Population
10,080
Households
2.3
Avg Household Size
43
Median Age
20%
College-Educated
87%
High-School Grad
111.6 sq mi
ZIP Area
206
Density / Sq Mi
$49,145
Median Household Income
$35,157
Median Earnings
$910
Median Rent
$132,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Warehouse - Large industrial facility with office space, I3 zoning, seven dock doors, and a rail spur at the Port of Little Rock.
Where is this warehouse located?
The property is located at 6401 Lindsey Rd Little Rock, AR.
What is the asking price?
The asking price for this property is $6,800,000.
What are key features of this property?
This property features: 131,044 SF industrial warehouse on an 11.13‑acre site; 5,913 SF office space within the facility; Ceiling heights range from 19’10” to 21’2”
