North Little Rock Flex
For Sale
Contact for pricing
8226 MacArthur Dr, North Little Rock, AR 72118
Well-located flex/warehouse with convenient access to major transportation corridors.
Property Size7,010 SF
Price / SF$84.88
Days on Market103
Property Features for 8226 MacArthur Dr
General Information
Standard status
Active
Size
7,010 SF
Property subtype
Industrial
Zoning
C-4
Investment Type
Owner/User
Building Details
Year Built
1990
Buildings
2
Listing Agency:
Moses Tucker Partners
(501) 376-6555
Listed By:
Greyson Skokos · License #SA00077949
Source:
Crexi
Added: May 12
Changed: Aug 15
Last Checked: Aug 20 at 10:19PM
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 Moses Tucker Partners
Investment Insights
Based on property information with market context.
This flex/warehouse property is located in North Little Rock and is suitable for industrial, service, or distribution businesses. The property offers convenient access to major transportation corridors, with immediate proximity to I-40, I-30, and Highway 67/167, facilitating efficient logistics and access to the Little Rock Metropolitan Statistical Area. Situated along MacArthur Drive, a well-traveled industrial corridor, the location provides accessibility for employees, vendors, and fleet operations. The property has a functional layout with six 10' roll-up doors. The property consists of two buildings featuring 10' and 20' clear ceiling heights, respectively. The location benefits from access to a strong labor pool drawn from the Central Arkansas region, supported by nearby residential neighborhoods and established workforce infrastructure. The property size is 7,010 square feet.
Key Highlights
- Immediate proximity to I‑40, I‑30, and Highway 67/167 for efficient logistics.
- Functional building layout with six (6) 10' roll up doors.
- Two buildings with 10' and 20' clear ceiling heights.
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
$42,569
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
7.15%
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%
$851,380
$851.4K
Cap Rate 7%
$608,129
$608.1K
Cap Rate 9%
$472,989
$473.0K
Market Conditions
NOI Build-Up for 7,010 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
$69.8K $9.96/SF
− Vacancy
−$4.3K −$0.62/SF
EGI
$65.5K $9.34/SF
− OpEx
−$22.9K −$3.27/SF
NOI
$42.6K $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 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%
$851,380
Cap Rate 7%
$608,129
Cap Rate 9%
$472,989
Alternative Uses
Best Use
Flex RnD
$608.1K
$532.1K – $709.5K
NOI $42,569 @ 7.0% cap · market cap 7.15%
Second Best
Industrial
$440.2K
$385.2K – $513.6K
NOI $30,815 @ 7.0% cap · market cap 5.18%
Theoretical Best
Specialty Retail
$1.34M
$1.17M – $1.56M
NOI $93,602 @ 7.0% cap · market cap 15.73%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
115
Businesses Nearby
Balanced
Demand for This Use
Explore this area
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
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Well-located flex/warehouse with convenient access to major transportation corridors.
Where is this flex space located?
The property is located at 8226 MacArthur Dr North Little Rock, AR.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: Immediate proximity to I‑40, I‑30, and Highway 67/167 for efficient logistics.; Functional building layout with six (6) 10' roll up doors.; Two buildings with 10' and 20' clear ceiling heights.
