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Ten Three Ten Building 10310 W Markham St 50,000 SF 100% Leased Office Building Little Rock, AR 72205 $5,950,000 ($119/SF) 7.08% Cap Rate
Investment Highlights
- Prime Location
- Near Major Thoroughfare
- Near Hosipitals
Executive Summary
Embrace an exceptional investment opportunity with this impressive 50,000 SF building, ideally suited for Office/Medical investors. Originally constructed in 1986 and thoughtfully renovated in 2021, this property stands as a testament to timeless quality and enduring value. Uniting sophistication with functionality, the building is masterfully zoned O-3 and currently enjoys an impressive 100% occupancy rate, offering stable tenancy. Boasting ample parking and a strategic location in close proximity to Baptist Health and major highways, this property represents a prime choice for discerning investors seeking a secure and promising addition to their portfolio.
Property Facts
Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Office
Property Subtype
Medical
Building Size
50,000 SF
Building Class
B
Year Built
1986
Price
$5,950,000
Price Per SF
$119
Cap Rate
7.08%
NOI
$421,152
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
25,000 SF
Slab To Slab
9’
Building FAR
0.39
Lot Size
2.94 AC
Zoning
O-3 - Office Medical Zoning
Parking
187 Spaces (3.74 Spaces per 1,000 SF Leased)
Amenities
- Signage
Property Taxes
| Parcel Number | 44L-046-00-016-00 | Improvements Assessment | $696,110 |
| Land Assessment | $256,132 | Total Assessment | $952,242 |
Property Taxes
Parcel Number
44L-046-00-016-00
Land Assessment
$256,132
Improvements Assessment
$696,110
Total Assessment
$952,242
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Ten Three Ten Building | 10310 W Markham St
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