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    1123 University Ave Little Rock, AR 72204

    For Lease
    $18 SF/Yr

    Little Rock Office Suites Available

    Lot size:
    104,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    The University Tower, located at 1123 S. University Ave, Little Rock, AR 72204, offers a variety of office spaces to suit your business needs. This prime midtown location boasts 104,000 square feet of total building space, with 17,500 square feet currently vacant. Flexible options are available, ranging from a minimum of 396 square feet to a maximum contiguous space of 8,000 square feet, accommodating businesses of all sizes. The building features a shared tenant conference facility, controlled after-hours access, and professional on-site management. Free surface parking is provided for tenants' convenience. Tenant finishes are negotiable, allowing for customization to meet specific requirements. The University Tower enjoys excellent accessibility, situated on I-630, just 10 minutes from downtown Little Rock. Its convenient location is also within close proximity to major amenities, including Park Plaza Mall, Park Avenue, Target, the University of Arkansas at Little Rock, St. Vincent Infirmary Medical Center, and St. Vincent Doctors Hospital. Nearby hotels, restaurants, and banking services further enhance the building's appeal. This Pulaski County property presents a compelling opportunity for businesses seeking a well-equipped and strategically located office space.

    Property Features for 1123 University Ave

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    104,000 SF
    Total Rate
    157733.33

    Unit(s) available at that property

    Space
    100
    Size
    2,187 SF
    Rate per SF
    $18
    Space
    Penthouse
    Size
    1,585 SF
    Rate per SF
    $18

    HighLights

    • Shared tenant conference room.
    • Secure after‑hours access.
    • On‑site property management.
    • Ample free surface parking.
    • Prime location at I‑630 and University Avenue intersection.
    • Convenient drive‑through banking.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Arkansas Injury Clinic ... Physical Therapy Clinic Owens Jr Jr Medical Clinic Arkansas State Board ... Nursing Association Owens Jr J ... Dentist Reed Firm, P.A. Personal Injury Attorney

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop 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
    -92.3408851
    Latitude
    34.7422678

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    FAQs

    What type of property is this?
    Office space - Little Rock Office Suites Available
    Where is this office space located?
    The property is located at 1123 University Ave Little Rock, AR.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: Shared tenant conference room.; Secure after-hours access.; On-site property management.
    Request Owner's contact information
    1123 University Ave Little Rock, AR 72204
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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
    1123 University Ave Little Rock, AR 72204
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