Downtown Little Rock, AR 72201
- Commercial real estate
- 4,000 SF
Current Use by Public Records
- Commercial real estate
Property Details for 0 Downtown
- Property size
- 4,000 SF
- Property type
- Commercial real estate
Description
This thriving downtown Little Rock restaurant and bar boasts 4,000 square feet of space and is offered at $650,000. Generating a strong net operating income (NOI) of $120,000, this business presents an exceptional 18.46% capitalization rate. The current owner has recently invested over $250,000 in fixtures, furniture, and equipment (FFE) upgrades, ensuring a modern and well-maintained establishment. Financial performance is robust, with monthly revenue consistently reaching $10,000-$12,000 and demonstrating impressive 5% quarter-over-quarter growth. The diverse revenue streams contribute to consistent profitability, even during slower periods. The business benefits from a loyal customer base built over time. Located in the heart of Little Rock's vibrant downtown area, this turnkey operation offers a significant opportunity for a new owner. While the real estate is currently under a long-term lease, purchase options are available. This is a confidential listing
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Little Rock
- County
- Pulaski
- State
- Arkansas
- Longitude
- -92.2852
- Latitude
- 34.75
