11215 Hermitage Rd Little Rock, AR 72211
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Prime location, high visibility, value-add opportunity
Property size:
22,300 SFProperty Features for 11215 Hermitage Rd
General Information
- Property type
- Medical offices
- Square Feet
- 22,300 SF
- Class
- B
- Lot Size
- 86,249 SF
Building Details
- Year Built
- 1981
- Buildings
- 1
- Stories
- 2
- Units
- 10
Listing Agency: Hathaway Group Listing Agent: Stuart Mackey
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This Little Rock, AR office building offers 22,300 square feet across two stories, situated on a 1.98-acre lot at a signalized intersection with excellent visibility from Chenal Parkway. The Class B building, constructed in 1981, features 10 units with seven tenants currently occupying 70% of the space. The property includes multiple building entrances, common and private bathrooms, and ample parking (5.5 spaces per 1,000 sq ft). Zoned O3, it offers flexible leasing options with suite sizes ranging from approximately 756 to a potential combined 6,372 square feet. The asking price is $2,850,000, translating to $145.74 per square foot. The land value alone is $127.80 per square foot. Convenient access to I-430 and I-630 provides easy commuting for tenants and employees. This is a fee-simple ownership opportunity with a gross lease type and is currently owner-occupied, presenting a strong value-add investment potential. The property's multi-tenant occupancy and strategic location make it an attractive investment for both owner-occupiers and investors seeking a strong return.
Property Profile
Location Intelligence
Current Use by Public Records
Lesa Lackey Doan, ...
Counselor
Clinical Study Center ...
Medical Clinic
Elite Performance Meals
Restaurant
Argenta Counseling and Wellness ...
Counselor
Dr. Robert B. ...
Pediatrician
Location Insight
- Map
- Local Demand
- City
- Little Rock
- County
- Pulaski
- State
- Arkansas
- Longitude
- -92.397774004392
- Latitude
- 34.746046837968
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FAQs
What type of property is this?
Medical office - Prime location, high visibility, value-add opportunity
Where is this medical office located?
The property is located at 11215 Hermitage Rd Little Rock, AR.
What is the asking price?
The asking price for this property is $2,850,000.
What are key features of this property?
This property features: $2,850,000 asking price for a 22,300 SF, two-story office building in Little Rock, AR.; Value-add, owner-occupied investment opportunity with a Class B designation.; Multi-tenant property (7 tenants) with 70% occupancy, offering a gross lease structure.