8000 Port Dr E Little Rock, AR 72206

Property Details for 8000 Port Dr E

Year built

2003

Lot size

5.01 lot acres

Property size

19,761 SF

Property type

Schools

Property subtype

Churches & religious facilities

APN

24L-013.00-016.01

Description

This exceptional 19,761 square foot church campus, situated on 5.01 acres in Little Rock, Arkansas, presents a unique investment opportunity. Built in 2003 and extensively renovated in 2023, the property boasts a stunning sanctuary with seating for over 400, multiple classrooms, a commercial kitchen, a large fellowship hall, offices, a pastor's study, and a 6,112 square foot activity center awaiting completion by the new owner. The property includes 150 paved parking spaces and enjoys excellent visibility from Highway 440. Currently leased with a 5-year agreement (commencing January 1, 2023, and expiring December 31, 2027) at 100% occupancy, offering a stable income stream with annual rent bumps of 2%. The C-3 zoning allows for adaptive reuse, opening possibilities for various commercial applications. The property features two street accesses (Fourche Dam Pike and East Port Drive) and is conveniently located near the Little Rock River Port, airport, and a mix of businesses including hospitality, trucking services, convenience stores, industrial complexes, and residential areas. The asking price is $2,470,000, translating to $124.99 per square foot and $11.31 per square foot for land value. The property is being sold as-is, where-is, with no warranty except for good marketable title. Potential seller financing is available. APN: 24L-013.00-016.01.