Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    8700 Colonel Glenn Rd, Unit 2 Little Rock, AR 72204

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $1,800 /Mo

    Commercial rental opportunity in a high-traffic Little Rock location.

    Property Features for 8700 Colonel Glenn Rd

    General Information

    Standard status
    Active

    We can help!

    Listing Contact
    Julie Stanton
    Source: Exprealty

    Listing Agency: IRealty Arkansas - LR Listing Agent: Julie Stanton

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    High-Traffic Retail Space Available

    This commercial rental space is located in a high-traffic area of Little Rock, presenting a significant opportunity for businesses. The unit is currently a blank space, allowing for a customized build-out to suit specific needs. Potential uses include a hair or nail salon, coffee shop, boutique, or convenience store. The location's high visibility and accessibility make it suitable for a variety of retail or service-oriented businesses.
    Location Intelligence

    Current Use by Public Records

    Snow Cone Factory Ice Cream Shop Tiny Tots Academy Day Care Center Ramallah Center LLC Business Center Global Grooming Lounge Barber Shop Richard’s rice bowls ... Fast Food Restaurant

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Little Rock
    County
    Pulaski
    State
    Arkansas
    Longitude
    -92.372315
    Latitude
    34.711032

    Nearby Similar for Lease

    • $2,200 /Mo
      1,000 SF

      Historic Tuf Nut Lofts Space

      Downtown Little Rock creative space in historic Tuf Nut Lofts.
      300 River Market Ave, Little Rock, AR 72201
      View Details
    • $8,900 /Mo
      6,600 SF

      Cantrell Road Commercial Space Available

      Commercial space for lease with high visibility on Cantrell Road.
      7310 Cantrell Rd Rd, Little Rock, AR 72207
      View Details
    • $2,059 /Mo
      1,177 SF

      Office Space with Ample Parking

      Office space for lease with utilities and security included.
      204 Executive Ct, Little Rock, AR 72205
      View Details
    • $950 /Mo
      800 SF

      Renovated Retail Space For Lease

      Recently renovated retail space with high traffic count available for lease.
      9107 Rodney Parham Rd, Little Rock, AR 72205
      View Details
    • $14 SF/Yr
      21,007 SF

      Prime Retail Space Available

      Rare inline space in West Little Rock's best real estate.
      16105 Chenal Pkwy, Little Rock, AR 72223
      View Details
    • $990,000
      7,644 SF

      Free-Standing Building on University Avenue

      7,644 SF building suitable for commercial, office, or showroom.
      825 N University Ave, Little Rock, AR 72205
      View Details
    • $22 SF/Yr
      8,353 SF

      Restaurant Space with Drive-Thru

      800 SF restaurant space with drive-thru on Shackelford Rd.
      240 S Shackelford, Little Rock, AR 72211
      View Details
    • Contact for pricing
      10,000 SF

      Retail Space in Park Plaza

      Prime retail space in Little Rock's Park Plaza Mall.
      6000 W Markham St, Little Rock, AR 72205
      View Details
    • $1,555,000
      20,902 SF

      Versatile Flex Space in Little Rock

      20,902 SF flex space with parking and warehouse.
      920 S Spring St, Little Rock, AR 72201
      View Details
    • $1,350 /Mo

      Remodeled Condo in Gated Community

      Completely remodeled 3-bedroom, 2-bathroom condo in Midtown.
      1601 N Bryant St, Little Rock, AR 72207
      View Details
    • $29 SF/Yr
      10,349 SF

      Grove Plaza Retail Opportunity

      Little Rock, AR Retail Space - 10,349 SF
      10800 Bass Pro Pkwy, Little Rock, AR 72210
      View Details
    • Contact for pricing
      500,000 SF

      Midtown Medical Office Space

      500,000 SF Mixed-Use Development
      0 University Ave, Little Rock, AR 72205
      View Details

    FAQs

    What type of property is this?
    Retail space - Commercial rental opportunity in a high-traffic Little Rock location.
    Where is this retail space located?
    The property is located at 8700 Colonel Glenn Rd, Unit 2 Little Rock, AR.
    What are key features of this property?
    This property features: - High-traffic location in Little Rock; - Suitable for various businesses (hair/nail salon, coffee shop, boutique, convenience store); - Blank space allows for custom build-out
    (501) 837-1262
    Request Owner's contact information
    8700 Colonel Glenn Rd, Unit 2 Little Rock, AR 72204
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    8700 Colonel Glenn Rd, Unit 2
    Little Rock, AR 72204
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    8700 Colonel Glenn Rd, Unit 2 Little Rock, AR 72204
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Julie Stanton
    (501) 837-1262
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.