4601 Northshore Dr North Little Rock, AR 72118
- Drive through restaurants
- 6,009 SF
- 1.89 lot acres
Current Use by Public Records
- Circle K / Convenience Store
- Dairy Queen Grill & Chill / Ice Cream Shop / Fast Food Restaurant
- Champs Chicken / Fast Food Restaurant / Takeout Restaurant
- Bitcoin Depot | Bitcoin ATM / Atm
Property Details for 4601 Northshore Dr
- Year built
- 2020
- Lot size
- 1.89 lot acres
- Property size
- 6,009 SF
- Property type
- Drive through restaurants
- APN
- 43N-008-03-035-00
- APU
- 43N0080303500
Description
This exceptional 2,000 square foot retail space, situated on a 1.89-acre lot at 4601 Northshore Drive in North Little Rock, Arkansas, presents a compelling opportunity for a quick-service restaurant (QSR). Ideally positioned at the entrance to Northshore Business Park and less than a mile from Interstate 430 (70,000+ vehicles daily), this property boasts unparalleled visibility and accessibility. A signalized intersection directly off I-430 further enhances convenience. Built in 2020, the single-story building offers a total of 6,009 square feet, with 2,000 square feet currently vacant and immediately available. The space is designed as a plug-and-play QSR opportunity, minimizing setup time and costs. The property's Pulaski County location (APN: 43N-008.03-035.00) offers a strong customer base within a growing area. This is a triple-net lease at $22.00 per square foot. The minimum divisible space is 2,000 square feet, and the maximum contiguous space available is also 2,000 square feet. This location is perfect for food service operators seeking high traffic counts and an established location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $4,680,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $5,765,000
- 6.5%
- $5,810,000
- 7%
- $5,730,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $6,215,000
- Geo Method
- $5,090,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $5,510,000
- Retail
- $5,085,000
- Mixed-Use
- $5,425,000
- Hospitality
- $6,475,000
- Educational
- $5,270,000
- Residential Income
- $5,315,000
- Energy
- $4,965,000
- Income-Based Land
- $6,230,000
- Food Service
- $5,035,000
Location Insight
- Map
- Local Demand
- City
- N Little Rock
- County
- Pulaski
- State
- Arkansas
- Longitude
- -92.3538
- Latitude
- 34.8088
- CBSA code
- 30780
- CBSA name
- LITTLE ROCK-NORTH LITTLE ROCK, AR METROPOLITAN STATISTICAL AREA