Property profile

6801 W 12Th St Little Rock, AR 72204

FOR LEASE
Turn key restaurants
Property ID
US05-0288826
16,000 SF 4.92 ac lot Built 1979
Entity Owned 2-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

Parkwood Center, located at 6805 W 12th Street in Little Rock, Arkansas, offers exceptional industrial space for lease. This centrally located property comprises three single-story buildings totaling 66,796 square feet, situated on a 4.92-acre lot. Currently, two suites are available, providing flexible options for businesses seeking warehouse, distribution, or flex space. One suite offers 2,400 square feet, while the other provides 6,000 square feet, each including 1,200 square feet of office space. Both suites are designed for efficient operations, featuring one dock-high door and one roll-up door, ensuring easy loading and unloading of goods. The property's strategic location provides quick access to I-630, a significant advantage for transportation and logistics. Tenants benefit from enhanced security with a secured, gated parking lot. Built in 1979, the property is located in Pulaski County and offers a straightforward layout suitable for a variety of industrial uses. The property is ideal for businesses requiring convenient access, secure storage, and efficient workflow. The available spaces provide a solid foundation for growth and operational success.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1979
Total area 16,000 SF
Lot 4.92 ac (214,315 SF)
APN 44L-107-00-001-00
UPID US05-0288826

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
  • (Bike/Boat/Book/etc) Store
  • Barber Shop
  • Restaurant
  • Hair Salon
  • (Bike/Boat/Book/etc) Store

Location

6801 W 12Th St Little Rock, AR 72204
Little Rock metro Census 2102 LITTLE ROCK-NORTH LITTLE ROCK, AR METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$3.70M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.70M

Owner & transaction history

since 2024
Last sale
$3.7M
7 recorded transactions
2024
Price N/A
2024
$3.7M
2022
$2.3M
2020
$170,000
1969
Price N/A
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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