Climate-Controlled Warehouse with Drive-In
For Sale
$1,600,000
6527 Warden Rd, North Little Rock, AR 72120
Fully climate-controlled warehouse with three drive-in doors and strong I-57 visibility for efficient logistics and distribution operations.
Property Size31,000 SF
Lot Size1.85 Acres
Price / SF$51.61
Days on Market75
Property Features for 6527 Warden Rd
General Information
Standard status
Active
Size
31,000 SF
Lot size
1.85 Acres
Property subtype
Retail
Site & Location
Traffic Count
10,000 vehicles/day
Highway Access
Yes
Additional Details
Drive-In Doors
3
Listing Agency:
Little Rock
(501) 372-6161
Listed By:
Andrew Wiechern · License #SA00047148
(501) 372-6161
Source:
Colliers
Added: Jun 11
Changed: Aug 23
Last Checked: Aug 24 at 3:15AM
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
Investment Insights
Based on property information with market context.
This for-sale industrial warehouse totals an estimated 31,000 square feet and is fully climate controlled. The building includes three drive-in doors, supporting straightforward receiving, storage, and intra-building movement for a range of light industrial and distribution uses. The property sits on an estimated 1.85-acre lot, providing space for day-to-day operations.
The location offers visibility from I-57, formerly Highway 67/167, with an estimated 74,000 vehicles per day traveling on I-57 and approximately 10,000 vehicles per day on Warden Road. The combination of major interstate presence and local road traffic can support customers and routing needs tied to warehouse activity.
The configuration and climate control make the space practical for tenants or owners that need reliable interior conditions and direct drive-in access. With three drive-in doors and a size suitable for warehousing and related operations, the building can function as a dedicated distribution site, storage facility, or other industrial warehouse use where temperature control and efficient loading are important.
The location offers visibility from I-57, formerly Highway 67/167, with an estimated 74,000 vehicles per day traveling on I-57 and approximately 10,000 vehicles per day on Warden Road. The combination of major interstate presence and local road traffic can support customers and routing needs tied to warehouse activity.
The configuration and climate control make the space practical for tenants or owners that need reliable interior conditions and direct drive-in access. With three drive-in doors and a size suitable for warehousing and related operations, the building can function as a dedicated distribution site, storage facility, or other industrial warehouse use where temperature control and efficient loading are important.
Key Highlights
- Estimated 31,000 SF fully climate‑controlled warehouse
- 1.85‑acre lot size
- I‑57 visibility (formerly Highway 67/167) plus high traffic exposure
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
$136,274
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
8.52%
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%
$2,725,480
$2.7M
Cap Rate 7%
$1,946,771
$1.9M
Cap Rate 9%
$1,514,156
$1.5M
Market Conditions
NOI Build-Up for 31,000 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
$204.6K $6.60/SF
− Vacancy
−$9.9K −$0.32/SF
EGI
$194.7K $6.28/SF
− OpEx
−$58.4K −$1.88/SF
NOI
$136.3K $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 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%
$2,725,480
Cap Rate 7%
$1,946,771
Cap Rate 9%
$1,514,156
Alternative Uses
Best Use
Warehouse
$2.36M
$2.07M – $2.76M
NOI $165,475 @ 7.0% cap · market cap 10.34%
Second Best
Industrial
$1.95M
$1.70M – $2.27M
NOI $136,274 @ 7.0% cap · market cap 8.52%
Theoretical Best
Specialty Retail
$5.91M
$5.17M – $6.90M
NOI $413,930 @ 7.0% cap · market cap 25.87%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
3
Drive-in doors
10,000 VPD
Traffic count
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
435
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 72120, AR
34,784
Population
15,216
Households
2.3
Avg Household Size
41
Median Age
35%
College-Educated
95%
High-School Grad
54.2 sq mi
ZIP Area
642
Density / Sq Mi
$75,853
Median Household Income
$48,453
Median Earnings
$1,026
Median Rent
$189,400
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Similar Off Market Nearby
- Hwy 67 Mini & RV Storage — 231 Newman Dr, North Little Rock, AR 72117
Frequently Asked Questions
What type of property is this?
Warehouse - Fully climate-controlled warehouse with three drive-in doors and strong I-57 visibility for efficient logistics and distribution operations.
Where is this warehouse located?
The property is located at 6527 Warden Rd North Little Rock, AR.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Estimated 31,000 SF fully climate‑controlled warehouse; 1.85‑acre lot size; I‑57 visibility (formerly Highway 67/167) plus high traffic exposure
