400 Hardin RdLittle Rock, AR 72211

Exceptional investment opportunity: a 48,090-square-foot, single-story office building in Little Rock, Arkansas. This Class B property, built in 1995, boasts a 100% occupancy rate with five professional tenants, including Southern Bancorp Bank, Blue Learning, Team CPR, Pinnacle Pointe Hospital, and Schindler Elevator (a subsidiary of the publicly traded Schindler Group). The building is situated on a 4.88-acre lot in the heart of West Little Rock's business district, conveniently located off Financial Center Parkway on Hardin Road, near the I-630/I-430 Big Rock Interchange. The property benefits from a lighted intersection and proximity to hotels, restaurants, banking, and shopping. With seven units and a current NOI of $581,521, the asking price is $7,200,000, representing a price per square foot of $149.72 and a price per unit of $1,028,571.43. The property features below-market rents and no lease expirations until January 1, 2025, offering significant upside potential. The property is zoned O-3 and offers rent bumps. This is a rare opportunity to acquire a well-located, high-occupancy office building at a price significantly below replacement cost. The strong historical occupancy and stable tenant base make this an attractive investment with a projected 8.08% cap rate.