Property profile

801 S Bowman Rd Little Rock, AR 72211

FOR LEASE
Strip malls
Property ID
US05-0234177
53,260 SF 5.94 ac lot Built 1999
Entity Owned Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional Class A medical office building, totaling 45,000 square feet, offers multiple suites for lease. Built in 1996 and extensively renovated in 2017, the property features two single-story buildings with a minimum divisible space of 4,473 square feet and a maximum contiguous space of 4,473 square feet currently available. The property boasts a prime location in the heart of west Little Rock's business district, directly across from major retailers including Walmart, Sam's Club, Lowe's, Hanks Furniture, and At Home Design Center, and just one block south of Chenal Parkway. This highly visible corner location at the intersection of Bowman and Chenal Parkway offers excellent ingress and egress via Hermitage and Bowman Roads. The property features ample on-site parking, a convenient rear loading area, and large signage opportunities on both the storefront and pylon sign. Property taxes are $1.30 per square foot. Utilities are electric. No elevators are present. The zoning is C3, and the APN is 44L0621800100. The strong tenant mix includes national and local businesses such as Urban Air, Larry's Pizza, OrthoArkansas, Batteries Plus, Small Bites Pediatric Dentistry, Leslie's Poolmart, and Star Nails. This is an unparalleled opportunity for medical professionals seeking a high-visibility, well-maintained space in a thriving commercial area.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1999
Total area 53,260 SF
Lot 5.94 ac (258,746 SF)
APN 44L-062-18-001-00
UPID US05-0234177

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
  • Restaurant
  • Medical Clinic Physician
  • Tour Operator Campground & RV Park
  • Auto Parts Store
  • Computer & Electronic Repair Tech Support Center

Location

801 S Bowman Rd Little Rock, AR 72211
Little Rock metro Census 2407 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
by Request
Blend (final) Blend
$990k

Owner & transaction history

1 recorded transaction
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Medical building $8.7M +25.8%
Retail stores $8.1M +16.9%

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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