Freestanding Flex Building with
7000 Remount Rd, North Little Rock, AR 72118
For Sale
Contact for pricing
Office, showroom, and warehouse areas create a versatile commercial layout.
Property Size5,925 SF
Price / SF$91.98
Days on Market56
Property Features for 7000 Remount Rd
General Information
Standard status
Size
Property subtype
Listing Agency:
Hathaway Group
(501) 663-5400
Listed By:
David Hathaway
(501) 529-4868
Source:
Moodyscre
Added: Sep 16
Changed: Nov 9
Last Checked: Nov 10 at 11:10AM
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 Hathaway Group
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Investment Insights
Based on property information with market context.
This freestanding flex property includes 5,925 SF of building area, divided between 2,877 SF of updated office space and a 3,048 SF warehouse. The office component features seven private offices, a reception area, a large showroom or call center area, a kitchenette, and two restrooms. Two offices open directly into the warehouse for convenient internal access.
An additional 1,810 SF unfinished upper level is not included in the county SF and is accessible by stairs from both the office and warehouse areas. The space is wired for electric. Warehouse features include ~16'–20' clear height, one dock-high door, and one drive-in door. Exterior improvements include a fenced side area suitable for parking or a small lay-down yard, along with a large front parking lot.
The property is located at 7000 Remount Rd in North Little Rock, across the street from Camp Robinson and minutes from NLR Airport and Hwy 176.
An additional 1,810 SF unfinished upper level is not included in the county SF and is accessible by stairs from both the office and warehouse areas. The space is wired for electric. Warehouse features include ~16'–20' clear height, one dock-high door, and one drive-in door. Exterior improvements include a fenced side area suitable for parking or a small lay-down yard, along with a large front parking lot.
The property is located at 7000 Remount Rd in North Little Rock, across the street from Camp Robinson and minutes from NLR Airport and Hwy 176.
Key Highlights
- 5,925 SF building with 2,877 SF updated office and 3,048 SF warehouse
- 1,810 SF unfinished upper level with stair access and electric wiring
- Seven private offices, reception area, showroom or call center space, kitchenette, and two restrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,980
Cap Rate
6.60%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$719,600
$719.6K
Cap Rate 7%
$514,000
$514.0K
Cap Rate 9%
$399,778
$399.8K
Market Conditions
NOI Build-Up for 5,925 SF
Gross rent
$59.0K $9.96/SF
− Vacancy
−$3.7K −$0.62/SF
EGI
$55.4K $9.34/SF
− OpEx
−$19.4K −$3.27/SF
NOI
$36.0K $6.07/SF
Area
Pulaski County, AR
Vacancy
6.20%
Lease Rate
$9.96 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$719,600
Cap Rate 7%
$514,000
Cap Rate 9%
$399,778
Alternative Uses
Best Use
Flex RnD
$514.0K
$449.8K – $599.7K
NOI $35,980 @ 7.0% cap · market cap 6.60%
Second Best
Warehouse
$451.8K
$395.3K – $527.1K
NOI $31,627 @ 7.0% cap · market cap 5.80%
Theoretical Best
Specialty Retail
$1.13M
$988.9K – $1.32M
NOI $79,114 @ 7.0% cap · market cap 14.52%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
92
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 72118, AR
22,582
Population
10,823
Households
2.1
Avg Household Size
37
Median Age
20%
College-Educated
88%
High-School Grad
27.6 sq mi
ZIP Area
818
Density / Sq Mi
$47,266
Median Household Income
$35,608
Median Earnings
$978
Median Rent
$115,900
Median Home Value
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Market
Properties on Market for Flex space in North Little Rock
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - Office, showroom, and warehouse areas create a versatile commercial layout.
Where is this flex space located?
The property is located at 7000 Remount Rd North Little Rock, AR.
What is the asking price?
The asking price for this property is $545,000.
What are key features of this property?
This property features: 5,925 SF building with 2,877 SF updated office and 3,048 SF warehouse; 1,810 SF unfinished upper level with stair access and electric wiring; Seven private offices, reception area, showroom or call center space, kitchenette, and two restrooms
