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Brandy Station 2715-2721 Kavanaugh Blvd 6,353 SF 100% Leased Retail Building Little Rock, AR 72205 $1,700,000 ($267.59/SF) 6.67% Cap Rate
INVESTMENT HIGHLIGHTS
- Landmark retail center prominently located in the Hillcrest submarket.
- Both tenant kitchens have been thoroughly remodeled, with new heating and air units, a new grease trap, electrical and plumbing upgrades and unique ap
- Property benefits from retail-friendly front-door parking for all tenants in a submarket well established for its walkability.
- Unique opportunity to acquire prominent property in a market where such opportunities rarely arise.
EXECUTIVE SUMMARY
Brandy Station on Kavanaugh Boulevard in Little Rock's heritage-rich Hillcrest neighborhood offers a fully occupied, single-story retail space with 6,353 SF available for sale. The building, dating back to the late 1890s, features updated tenant kitchens and essential infrastructure, including new HVAC and plumbing. With front-door parking and situated in a walkable area, this property stands as a solid investment in a market known for its long-term stability.
Full Offering Memorandum available upon submission of confidentiality agreement.
Full Offering Memorandum available upon submission of confidentiality agreement.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
6,353 SF
Building Class
C
Year Built
1935
Price
$1,700,000
Price Per SF
$267.59
Cap Rate
6.67%
NOI
$113,412
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.81
Lot Size
0.18 AC
Parking
18 Spaces (2.83 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Signalized Intersection
Walk Score®
Very Walkable (85)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 33L-047-00-216-00 | Improvements Assessment | $201,550 |
| Land Assessment | $77,410 | Total Assessment | $278,960 |
PROPERTY TAXES
Parcel Number
33L-047-00-216-00
Land Assessment
$77,410
Improvements Assessment
$201,550
Total Assessment
$278,960
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Brandy Station | 2715-2721 Kavanaugh Blvd
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