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1400 W Markham
Little Rock, AR 72201 Downtown Little Rock

$7,350,000

Industrial Live Work Unit For Sale  •  96,841 Sq Ft

Property Details

  • Property Type Industrial Live Work Unit
  • Total Building Size 96,841 Sq Ft
  • Lot Size 5.58 ac
  • Building Class B
  • Year Built 1920
  • Cap Rate 7.65 %
  • Tenancy Multiple
39 Transit Score
42 Walk Score

Description

The beautiful train station sits on over five and a half acres of prime Little Rock real estate that is within walking distance of the State Capitol, 0.7 miles from I-630, 1.3 miles from the President Bill Clinton Library, 2.4 miles from the medical corridor and 5.6 miles from the Clinton National Airport.

Highlights

A meticulously maintained train station featuring beautiful early 20th century architecture.
This historic centerpiece has over 96,841 square feet of space that are currently leased at a 90% occupancy rate.
The charming cobblestone surface parking lot allows for a parking ratio of 2.3 spaces per 1,000 square feet.
With long term profitable tenants, Union Station is a great spot for offices, events, restaurants, and more.
Strong historic financials with a 7.65% Cap Rate.
Located in downtown Little Rock.

Property Flyers

Financial Summary (Proforma)

Net Operating Income: $561,877 (2019)
Cap Rate: 7.65 %
Total Expenses: $461,785

Amenities

  • Air Conditioning
  • Property Manager on Site
  • Restaurant
  • Security System
  • Signage
  • Wi-Fi

Public Transportation

AirportDriveWalkDistance
Clinton National Airport 12 min - 6.3 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 221
Type: Surface
Included in Rent: Yes
Eddie Bailey 501-944-5858 Pixel Properties Realty
Eddie Bailey 501-944-5858 Pixel Properties Realty