401 W Capitol Ave - Medical FOR SALE


Little Rock, AR 72201
$7,000,000 USD
501-952-9222
401 W Capitol Ave, Little Rock, AR for Sale
$7,000,000 USD
Medical - FOR SALE
1/29
null | Request Cap Rate

401 W Capitol Ave
Little Rock, AR 72201


HIGHLIGHTS

  • Current occupancy stands at +/- 40% offering multiple options for tenancy, including full floor and contiguous square footage scenarios.
  • The building’s unique atrium design funnels abundant natural light to otherwise artificially lit interior office space.
  • The building is adjacent to and shares common area with the 623,354 SF Simmons Tower Building.

OVERVIEW

Constructed in 1979, and located at the corner of Broadway and Capitol Avenue in downtown Little Rock, the Lyon Building represents a rare ownership opportunity for an operator requiring square footage for their operation and shift to acquire at a price significantly below replacement cost.

FOR SALE DETAILS

PRICE

$7,000,000 USD

PRICE/SF

$43 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Lyon Building

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

7

BUILDING CLASS

B

YEAR BUILT

1979

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.96 AC

LAND SF

41,818 SF

ZONING

Office

APN/PARCEL ID

34L-020-06-009-03

ASK ABOUT THIS PROPERTY

Todd RiceColliers | ArkansasMore Info
501-952-9222

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Todd RiceColliers | ArkansasMore Info
501-952-9222

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.