Storefront Property with Leased
For Sale
$875,000
7305 Cantrell Rd, Little Rock, AR 72207
A vacant storefront and a separately leased building comprise this two-building retail property.
Property Size4,934 SF
Price / SF$177.34
Days on Market8
Property Features for 7305 Cantrell Rd
General Information
Standard status
Active
Size
4,934 SF
Site & Location
Neighborhood
Meriwether
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$8,078
Building Details
Buildings
2
Listing Agency:
McKimmey Associates REALTORS NLR
(501) 812-3500
Listed By:
Jeff Whitby
(501) 744-2112
Source:
Exprealty
Added: Oct 24
Changed: Oct 31
Last Checked: Oct 31 at 3:17AM
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 McKimmey Associates REALTORS NLR
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This storefront property consists of two buildings: a vacant building measuring 3,554 square feet and a leased building measuring 1,380 square feet. Together, the structures contain 4,934 square feet. The property is located at 7305 Cantrell Rd in Little Rock, Arkansas.
Key Highlights
- Two‑building storefront property totaling 4,934 square feet
- Vacant building contains 3,554 square feet
- Separate 1,380‑square‑foot building is leased
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$55,322
Cap Rate
6.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,106,440
$1.1M
Cap Rate 7%
$790,314
$790.3K
Cap Rate 9%
$614,689
$614.7K
Market Conditions
NOI Build-Up for 4,934 SF
Gross rent
$84.1K $17.04/SF
− Vacancy
−$5.0K −$1.02/SF
EGI
$79.0K $16.02/SF
− OpEx
−$23.7K −$4.81/SF
NOI
$55.3K $11.21/SF
Area
Little Rock, AR
Vacancy
6.00%
Lease Rate
$17.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,106,440
Cap Rate 7%
$790,314
Cap Rate 9%
$614,689
Alternative Uses
Best Use
Retail
$790.3K
$691.5K – $922.0K
NOI $55,322 @ 7.0% cap · market cap 6.32%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$896.3K
$784.3K – $1.05M
NOI $62,742 @ 7.0% cap · market cap 7.17%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
676
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 72207, AR
11,036
Population
5,800
Households
1.9
Avg Household Size
40
Median Age
69%
College-Educated
98%
High-School Grad
3.8 sq mi
ZIP Area
2,904
Density / Sq Mi
$93,958
Median Household Income
$59,658
Median Earnings
$942
Median Rent
$384,800
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
Similar Off Market Nearby
- Floral Express Flowers & Events — 6800 Cantrell Rd, Little Rock, AR 72207
- Candy Baskets — little rock, ar 72207
Frequently Asked Questions
What type of property is this?
Storefront property - A vacant storefront and a separately leased building comprise this two-building retail property.
Where is this storefront property located?
The property is located at 7305 Cantrell Rd Little Rock, AR.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: Two‑building storefront property totaling 4,934 square feet; Vacant building contains 3,554 square feet; Separate 1,380‑square‑foot building is leased
