8410 Counts Massie Rd North Little Rock, AR 72113
15,000 SF office building with land for expansion.
- Added:
- Mar 4, 2023
- Days on Market:
- 1226
- Last Refresh:
- May 19 at 8:29 pm
Property Features for 8410 Counts Massie Rd
General Information
- Standard status
- Active
- Size
- 15,000 SF
- Property subtype
- Office
Listing office Randolph Cole & Company (501) 352-2359
Listing date Mar 4, 2023
Source Crexi
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 Randolph Cole & Company
Investment Insights
Based on property information with market context.
Key Highlights
- Excess land supports construction of a second 15,000 SF office building, doubling potential investment.
- 15,000 SF office building suitable for various business types.
- High level of professional tenants, including CPA firms and financial advisors.
Local 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 | $189.0k | $12.60 |
| − Vacancy | −$21.7k | −$1.45 |
| EGI | $167.3k | $11.15 |
| − OpEx | −$41.8k | −$2.79 |
| NOI | $125.4k | $8.36 |
