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5121 Warden Rd

15,000 SF 100% Leased Office Building North Little Rock, AR 72116 $2,018,000 ($135/SF) 8% Cap Rate

Medical Offices Arkansas North Little Rock 5121 Warden Rd, North Little Rock, AR 72116

Investment Highlights

  • Corporately Guaranteed Lease with Octapharma Plasma, a National Tenant With Over 195 Locations Worldwide
  • In 2023 Octapharma Invested in Significant Interior Improvements and Extended their lease 10-years.
  • New Roof in 2020 with Warranty | Parking Lot was Repaved in 2021 and Three Additional Parking Spaces Added in 2024
  • Over 15 years of Successful Operating History at the Subject Property, Octapharma Has 9 Years Remaining, With 2, 5-Year Options & a 10% Rent Increase
  • Lucky's Pawn & Loan Shop has 2% Annual Rent Increases, With Two, 5-Year Renewal Options, and Tenant Completed Additional Interior Renovations in 2024
  • Property Features Large Pylon Signage With Excellent Visibility From Both Warden Road and US-67/US-167

Executive Summary

15,000-SF, 100% Occupied Two Tenant Center

Attachments

Octapharma Plasma Center - Little Rock, AR OM

Property Facts

Sale Type
Investment NNN
Property Type
Office
Property Subtype
Medical
Building Size
15,000 SF
Building Class
B
Year Built
1984
Price
$2,018,000
Price Per SF
$135
Cap Rate
8%
NOI
$161,442
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
15,000 SF
Building FAR
0.37
Lot Size
0.94 AC
Zoning
Commercial
Parking
24 Spaces (1.6 Spaces per 1,000 SF Leased)

Amenities

  • Signage
1 of 1

PROPERTY TAXES

Parcel Number 23N-002-00-003-00 Improvements Assessment $170,422
Land Assessment $129,758 Total Assessment $300,180

PROPERTY TAXES

Parcel Number
23N-002-00-003-00
Land Assessment
$129,758
Improvements Assessment
$170,422
Total Assessment
$300,180
(513) 878-7723

Contacts

  • Listing ID: 33599562

  • Date on Market: 10/22/2024

  • Last Updated:

  • Address: 5121 Warden Rd, North Little Rock, AR 72116

More public record information on 5121 Warden Rd, North Little Rock, AR 72116

The Office Property at 5121 Warden Rd, North Little Rock, AR 72116 is currently available for sale. Contact Marcus & Millichap for more information.

Office PROPERTIES IN NEARBY NEIGHBORHOODS

Nearby Listings

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5121 Warden Rd, North Little Rock, AR for sale Building Photo- Image 1 of 7
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5121 Warden Rd, North Little Rock, AR for sale Building Photo- Image 2 of 7
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5121 Warden Rd, North Little Rock, AR for sale Building Photo- Image 3 of 7
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5121 Warden Rd, North Little Rock, AR for sale Building Photo- Image 4 of 7
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5121 Warden Rd, North Little Rock, AR for sale Building Photo- Image 5 of 7
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5121 Warden Rd, North Little Rock, AR for sale Building Photo- Image 6 of 7
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5121 Warden Rd
(513) 878-7723 x

5121 Warden Rd

1/5

Darpan Patel

(513) 878-7723

(513) 878-7723

Frank Simcic

(813) 387-4819

(813) 387-4819

Dan Yozwiak

(614) 360-9036

(614) 360-9036

Sam Elyassaki

(813) 387-4725

(813) 387-4725

Peter Sibicky

(614) 360-9800

(614) 360-9800

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