5620 Warden Rd - Auto Repair FOR SALE


North Little Rock, AR 72116
$1,900,000 USD
870-336-8000
5620 Warden Rd, North Little Rock, AR for Sale
$1,900,000 USD
Auto Repair - FOR SALE
1/6
null | 5.18% Cap Rate

5620 Warden Rd
North Little Rock, AR 72116


HIGHLIGHTS

  • Strategic location along corridor w/ minimal availability
  • Significant upside in rental income
  • Well below replacement value
  • Exposure to HWY 67 / 167
  • Warden Road frontage

OVERVIEW

This stretch of Warden Road has historically been challenging to penetrate, specifically as a landowner. Most of the real estate wealth along Warden Road has not been interested in letting go of such meaningful real estate. We are offering a rare opportunity for an investor to own a property along Warden Road, which has a significant upside trajectory for income. This 2.9 acres has an 11,000 SF block building and is currently rented for less than $9/SF. The current tenant is in their first option period with approximately four years remaining. For the passive investor looking topark money and later take advantage of significant upside in rents, this the deal.

FOR SALE DETAILS

PRICE

$1,900,000 USD

PRICE/SF

$173 USD /SF

CAP RATE

5.18%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Passive Investment Opportunity Along Hwy 67

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

ADD'L SUBTYPES

Auto Dealership, Freestanding, Service

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1997

SPRINKLERS

-

PARKING SPACES

24

LAND DETAILS

LAND ACRES

2.9 AC

LAND SF

126,324 SF

ZONING

C-4

APN/PARCEL ID

23S-057-14-002-00

ASK ABOUT THIS PROPERTY

Nathan EllerHaag Brown CommercialMore Info
870-336-8000

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Nathan EllerHaag Brown CommercialMore Info
870-336-8000

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