Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    Streets 4 And Ctr Little Rock, AR 72201

    • Retail properties & Spaces
    • 24,810 SF
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for Streets 4 And Ctr

    Property size
    24,810 SF
    Property type
    Retail properties & Spaces

    Description

    The eighteen-story Tower Building, located at the corner of Fourth and Center Streets in Little Rock, Arkansas (zip code 72201), offers exceptional retail opportunities. This Pulaski County property boasts a total of 24,810 square feet, currently entirely vacant and available for lease. Spaces range from a minimum of 9,305 square feet down to a maximum contiguous space of 6,200 square feet, offering flexibility for various retail concepts. The building's prime downtown location provides unparalleled access to a high volume of foot traffic and is within walking distance of Main Street, the AC Marriott Hotel, the Technology Park, River Market, hotels, the Convention Center, and numerous offices and restaurants on Capital Avenue and Main Street. Its proximity to the Courthouse and Federal Building further enhances its appeal. The recently renovated lobby, known as the Gallery, features a unique artistic atmosphere, including the "Quest" sculpture and dynamic video displays. The building also includes a parking deck, adding convenience for both tenants and customers. This is a rare opportunity to secure high-profile retail space in the heart of Little Rock's vibrant downtown area.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Little Rock
    County
    Pulaski
    State
    Arkansas
    Longitude
    -92.2737
    Latitude
    34.7435

    Comparable in this City

    • Value Estimation by Request
      4,952 SF

      617 Spring St

      Individual retail properties • 4,952 SF
      617 Spring St, Little Rock, AR 72201
      View Details
    • Value Estimation by Request
      3,906 SF

      1222 Capitol Ave

      NURSERY, GREENHOUSE, FLORIST • 3,906 SF
      1222 Capitol Ave, Little Rock, AR 72201-3008
      View Details
    • Value Estimation by Request
      8,000 SF

      804 Izard St

      SHOW ROOM, WAREHOUSE • 8,000 SF
      804 Izard St, Little Rock, AR 72201
      View Details
    • Value Estimation by Request
      5,530 SF

      1007 7th St

      SHOW ROOM, WAREHOUSE • 5,530 SF
      1007 7th St, Little Rock, AR 72201-3901
      View Details
    • Value Estimation by Request
      2,625 SF

      519 9th St

      SHOW ROOM, WAREHOUSE • 2,625 SF
      519 9th St, Little Rock, AR 72201-4111
      View Details
    • Value Estimation
      $7,005,000
      97,226 SF

      120 Victory St

      SHOW ROOM, WAREHOUSE • 97,226 SF
      120 Victory St, Little Rock, AR 72201-1828
      View Details

    Similar Nearby for Sale

    • $2,800,000
      62,688 SF

      Prime Little Rock Mixed-Use Building

      Historic Downtown Retail Redevelopment Opportunity
      510 Main St, Little Rock, AR 72201
      View Details
    • $1,555,000
      20,902 SF

      Little Rock Mixed-Use Property

      Prime location, high-traffic area, excellent investment.
      920 Spring St, Little Rock, AR 72201
      View Details
    • $895,000
      14,000 SF

      Downtown Commercial Space in Little Rock

      Two-story commercial building with retail, office, and light industrial potential.
      815 Main St, Little Rock, AR 72201
      View Details
    • $999,500
      10,202 SF

      Historic Solomon Gans House For Sale

      Historic building with office space, carriage house, and parking.
      1010 W 3Rd St, Little Rock, AR 72201
      View Details
    • $250,000

      Vacant Land in Downtown

      Vacant land in downtown Little Rock with commercial potential.
      S State St, Little Rock, AR 72201
      View Details
    • Contact for pricing

      Downtown Little Rock Retail Building

      12,000 SF building with open floor plan in downtown.
      416 W 7Th St, Little Rock, AR 72201
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      530,181 SF

      Capitol Ave Office Tower

      Little Rock's Premier Class A Office Space
      400 Capitol Ave, Little Rock, AR 72201
      View Details
    • Contact for pricing
      240,000 SF

      Museum Center Office Space

      Downtown Little Rock, AR Office Building
      500 President Clinton Ave, Little Rock, AR 72201
      View Details
    • Contact for pricing
      3,342 SF

      Downtown Little Rock Versatile Space

      Prime location suitable for office, retail, restaurant, or bar.
      414-416 Louisiana St, Little Rock, AR 72201
      View Details
    • $12 SF/Yr

      Freestanding Commercial Building For Lease

      4,000 SF commercial building in ideal downtown location.
      412 W 7Th St, Little Rock, AR 72201
      View Details
    • Contact for pricing

      Downtown Little Rock Tower Retail

      Prestigious 18-story office building, ample parking.
      323 Center St, Little Rock, AR 72201
      View Details
    • Contact for pricing

      Office and Retail Space Available

      Iconic Little Rock Office Space Available
      425 W Capitol Ave, Little Rock, AR 72201
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Streets 4 And Ctr
    Little Rock, AR 72201
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!