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Oak Forest Center 12th & University 5917 W 12th St
5,390 - 13,690 SF of Space Available in Little Rock, AR 72204
Highlights
- High traffic area at major intersection
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste E | 5,390 SF | Negotiable | $11.00 /SF/YR $0.92 /SF/MO $118.40 /m²/YR $9.87 /m²/MO $4,941 /MO $59,290 /YR | Triple Net (NNN) | ||
| 1st Floor - Storage | 8,300 SF | Negotiable | $15.00 /SF/YR $1.25 /SF/MO $161.46 /m²/YR $13.45 /m²/MO $10,375 /MO $124,500 /YR | Triple Net (NNN) |
1st Floor, Ste E
This recently remodeled unit offers a private access with 3 separate spaces, each with independent access from within. 2 bathrooms, a storage area, large reception with built-in desk that can be accessed from the front or back of shopping complex.
- Lease rate does not include utilities, property expenses or building services
- Fits 14 - 44 People
1st Floor - Storage
This open layout space is ready for buildout of a multitude of uses including church, studio, events, small business suites or any number of concepts. Space is divisible.
- Lease rate does not include utilities, property expenses or building services
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS FOR 5917 W 12th St , Little Rock, AR 72204
| Property Type | Retail | Year Built/Renovated | 1986/2022 |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 1.59/1,000 SF |
| Gross Leasable Area | 37,812 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 37,812 SF |
| Year Built/Renovated | 1986/2022 |
| Parking Ratio | 1.59/1,000 SF |
About the Property
This prime midtown center is just off I-630, 1.5 miles south of Park Plaza Mall, Park Ave and Target. It is conveniently situated 3 miles north of the University of Arkansas at Little Rock campus and 1 mile south of the St. Vincent Infirmary Medical Center and St. Vincent Doctors Hospital. On the Corner of 12th Street and University Avenue in Little Rock, the Oak Forest Professional Center affords easy access to clients and customers with major interstates and highways close by.
Nearby Major Retailers
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George Petrov - P4 Realty Group, LLC
Presented by
P4 Realty Group, LLC
Oak Forest Center 12th & University | 5917 W 12th St
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