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    FOR LEASE
    Office buildings

    425 W Capitol Ave, Little Rock, AR 72201

    720,048 SF 0.58 ac lot Built 1985
    Trust Owned 9-yr Hold Free & Clear
    Property ID
    US05-0358049
    Property summary
    AI-generated overview

    Simmons Tower, located at 425 W Capitol Ave in Little Rock, Arkansas, offers a prestigious office space leasing opportunity. This Class A building, constructed in 1985, boasts a total of 740,000 square feet and stands as Arkansas' tallest building, a prominent landmark in the Central Business District. The property features multiple tenancies, with flexible space options ranging from a minimum of 815 square feet to a maximum contiguous space of 19,128 square feet. Currently, 129,271 square feet of office space is available for lease. The building's prime location offers unparalleled convenience, situated within walking distance of the Statehouse Convention Center, numerous restaurants, various government offices, and several parks and walking trails. The building caters to a variety of office needs, suitable for executive office spaces, creative office layouts, and professional office settings. Additionally, the building also includes restaurant space, further enhancing its appeal and convenience for tenants. This exceptional opportunity provides businesses with a high-profile address in the heart of Little Rock's vibrant downtown area. The building's impressive size and amenities make it an ideal location for companies seeking a sophisticated and well-connected workspace. Lease terms are available upon request. Inquire today to secure your space in this iconic Little Rock landmark.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1985
    Total area 720,048 SF
    Lot 0.58 ac (25,265 SF)
    APN 34L-020-06-009-02
    UPID US05-0358049
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Thomas Jeffrey H Law Firm Insurance Agency
    • Pipkin Brian A Law Firm
    • Banana Leaf Indian Cuisine Restaurant
    • Gordon Rees Scully Mansukhani, LLP Law Firm
    • Decker Abbie Law Firm
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $23.15M
    Blend (final) Blend
    $25.39M
    Owner & transaction history
    Gift,kelley F A Trust · 9 yrs held
    Gift,kelley F A Trust
    since 2017
    2 recorded transactions
    2017
    2005
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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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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