Property profile

4601 Northshore Dr North Little Rock, AR 72118

FOR LEASE
Drive through restaurants
Property ID
US05-0863172
6,009 SF 1.89 ac lot Built 2020
Entity Owned 4-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 2020
Total area 6,009 SF
Lot 1.89 ac (82,328 SF)
APN 43N-008-03-035-00
UPID US05-0863172

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
  • Grocery & Convenience Store
  • Grocery & Convenience Store Specialty Food Shop
  • Restaurant
  • Atm

Location

4601 Northshore Dr North Little Rock, AR 72118
North Little Rock metro Census 4307 LITTLE ROCK-NORTH LITTLE ROCK, AR METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$4.55M
CAP Approach CAP
by Request
Comparable Approach Comparable
$4.68M
Blend (final) Blend
$4.68M

Owner & transaction history

since 2020
Last sale
$5.6M
1 recorded transaction
2020
$5.6M

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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