5620 W Markham St
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5620 W Markham St
14,000 SF 100% Leased Office Building Little Rock, AR 72205 $4,250,000 ($304/SF) 6.35% Cap Rate
Investment Highlights
- Heart of the Midtown Medical Corridor
- Along Markham St, the spine connecting all of Little Rock
Executive Summary
~ 14,000 Sq. ft of usable area, plus ~ 16,359 sq. ft. of parking structure
NOI is calculated on the average
NOI is calculated on the average
Data Room Click Here to Access
- Offering Memorandum
Property Facts Under Contract
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
14,000 SF
Building Class
B
Year Built/Renovated
2019/2024
Price
$4,250,000
Price Per SF
$304
Cap Rate
6.35%
NOI
$269,914
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
7,000 SF
Building FAR
0.74
Lot Size
0.44 AC
Zoning
POD - Planned Office District
Parking
67 Spaces (4.79 Spaces per 1,000 SF Leased)
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PROPERTY TAXES
| Parcel Number | 34L-107-00-012-00 | Improvements Assessment | $503,417 |
| Land Assessment | $96,022 | Total Assessment | $599,439 |
PROPERTY TAXES
Parcel Number
34L-107-00-012-00
Land Assessment
$96,022
Improvements Assessment
$503,417
Total Assessment
$599,439
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5620 W Markham St
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