Property profile

10020 N Rodney Parham Rd Little Rock, AR 72227

FOR LEASE
Strip malls
Property ID
US05-0291186
15,238 SF 0.77 ac lot Built 1973
Entity Owned 11-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional investment opportunity presents three medical office suites for lease within the Shoppes at Rodney Parham, located at 10020 N Rodney Parham Rd, Little Rock, AR 72227, in Pulaski County. The property offers a total of 14,646 square feet of retail and office space, specifically configured for medical practices. Currently, there are 2,831 square feet of vacant space available, divisible into units ranging from a minimum of 1,035 square feet to a maximum contiguous space of 1,099 square feet. The building is comprised of three individual suites, providing flexibility for various medical businesses. This prime location in Little Rock offers excellent visibility and accessibility, making it an ideal setting for a thriving medical practice. The property's convenient location and ample space make it an attractive option for medical professionals seeking a well-established and easily accessible location to serve their patients. The suites are ready for immediate occupancy, providing a seamless transition for new tenants. This is a rare opportunity to secure high-quality medical office space in a desirable Little Rock location. Interested parties should inquire promptly to secure their preferred suite size.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1973
Total area 15,238 SF
Lot 0.77 ac (33,541 SF)
APN 43L-147-00-006-00
UPID US05-0291186

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Charitable Organization Social Service Agency
  • Insurance Agency
  • Real Estate Agency
  • Spa & Massage Center Alternative Medicine Practice
  • Crisis Center Medical Clinic

Location

10020 N Rodney Parham Rd Little Rock, AR 72227
Little Rock metro Census 2211 LITTLE ROCK-NORTH LITTLE ROCK, AR METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.18M
Blend (final) Blend
$370k

Owner & transaction history

since 2014
3 recorded transactions
2014
$950,000
1969
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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