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Office Unit with Fenced Parking
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700 E 9th St, Little Rock, AR 72202

Office unit with fenced-in parking and quick access to I-30/I-630 and downtown Little Rock areas.

Property Size840 SF
Price / SF$119.05
Days on Market722

Property Features for 700 E 9th St

General Information

Standard status Active
Size 840 SF
Property subtype OFFICE

Additional Details

Highway Access Yes
Listing Agency: Colliers - Little Rock
Listed By: Graham Gordon · License #SA00095981
Source: Moodyscre
Added: Aug 9, 2024 Changed: Jul 29 Last Checked: Jul 31 at 5:10AM

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 Colliers - Little Rock

Investment Insights

Based on property information with market context.

Office unit featuring fenced-in parking for tenant and visitor use. The space measures 840 square feet, making it well-suited for smaller office needs where efficient operations and manageable footprint matter.

Set near the I-30/I-630 interchange, the location supports quick and easy access to nearby destinations and downtown-adjacent neighborhoods. The property is also near the new Arkansas Museum of Fine Arts and the UALR William H Bowen School of Law, placing it within a convenient daytime corridor.

For businesses looking for an office unit in a central Little Rock access zone, the combination of fenced parking and proximity to major routes and nearby institutions can help support everyday customer and staff logistics.

Key Highlights

  • Fenced‑in parking
  • Near the I‑30/I‑630 interchange
  • Close to the new Arkansas Museum of Fine Arts

Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $12.0k $14.28
− Vacancy −$1.3k −$1.59
EGI $10.7k $12.69
− OpEx −$2.7k −$3.17
NOI $8.0k $9.52
840 SF · lease $14.28/SF/yr · vacancy 11.10% · expense 25.00%

Alternative Uses

Best Use
Office B
$114.3K
$100.0K – $133.3K (±1% cap)
NOI $7,998 @ 7.0% cap · market cap 8.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$152.6K
$133.5K – $178.0K (±1% cap)
NOI $10,682 @ 7.0% cap · market cap 10.68%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Quapaw Tower Condominium Complex Quapaw Cutters Hair Salon Spina Bifida Association ... Association Or Organization Jason Burnett Music Music Venue Thurman John B Law Firm

Suggested Use

Top Pick Veterinary Clinic (Bike/Boat/Book/etc) Store Carpet & Flooring Store Pet Store Pet Store & Service Wine and Liquor Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

2,927
Businesses Nearby

Demographics for 72202, AR

10,340
Population
7,403
Households
1.4
Avg Household Size
37
Median Age
49%
College-Educated
93%
High-School Grad
7.1 sq mi
ZIP Area
1,456
Density / Sq Mi
$54,167
Median Household Income
$42,981
Median Earnings
$1,040
Median Rent
$246,900
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Office unit with fenced-in parking and quick access to I-30/I-630 and downtown Little Rock areas.
Where is this office units located?
The property is located at 700 E 9th St Little Rock, AR.
What is the asking price?
The asking price for this property is $100,000.
What are key features of this property?
This property features: Fenced‑in parking; Near the I‑30/I‑630 interchange; Close to the new Arkansas Museum of Fine Arts
(501) 978-6503 Call to check price and availability
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