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    1003 Doctor M.l.k. Jr Dr Little Rock, AR 72202

    For Lease
    $14 SF/Yr ($4,452 /Mo)

    1,908 sq ft, prime location, immediate occupancy.

    Lot size:
    3,816 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional two-story office building, constructed in 2013, offers a fantastic leasing opportunity in Little Rock, Arkansas. Located at 1003 Dr. Martin Luther King Jr. Drive, this property boasts a total of 3,816 square feet, divided into two suites. Currently, 1,908 square feet of prime office space is available for lease on the second floor, providing immediate occupancy for a new tenant. The building sits on a 0.35-acre lot in Pulaski County, offering convenient access to I-630, the State Capitol, the vibrant South Main district, and the heart of downtown Little Rock. The building's traditional office design is ideal for a variety of businesses. The available space offers ample room for a growing company or a business seeking a well-located, modern office environment. The property features a single building with two stories, providing a professional and efficient workspace. Don't miss this chance to secure a prominent location in a thriving area of Little Rock. Contact us today to schedule a viewing.

    Property Features for 1003 Doctor M.l.k. Jr Dr

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,816 SF
    Total Rate
    4452

    Building Details

    Year Built
    2013
    Buildings
    1
    Stories
    2

    Unit(s) available at that property

    Space
    Suite B
    Size
    1,908 SF
    Rate per SF
    $14

    HighLights

    • Ground‑floor Subway restaurant.
    • Excellent access to I‑630, State Capitol, SoMa, and the downtown area.
    • Adjacent to Arkansas Children's Hospital.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Little Rock
    County
    Pulaski
    State
    Arkansas
    Longitude
    -92.288855765146
    Latitude
    34.741443932598

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    FAQs

    What type of property is this?
    Office Property / Space - 1,908 sq ft, prime location, immediate occupancy.
    Where is this office property / space located?
    The property is located at 1003 Doctor M.l.k. Jr Dr Little Rock, AR.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: Ground-floor Subway restaurant.; Excellent access to I-630, State Capitol, SoMa, and the downtown area.; Adjacent to Arkansas Children's Hospital.
    Request Owner's contact information
    1003 Doctor M.l.k. Jr Dr Little Rock, AR 72202
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    Realmo Value Estimation

    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.

    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.

    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
    1003 Doctor M.l.k. Jr Dr Little Rock, AR 72202
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