OFFICE BUILDING FOR SALE...OFFICE BUILDING FOR SALE 11524 FAIRVIEW ROAD LITTLE ROCK, AR 72212 LITTLE...

OFFICE BUILDING FOR SALE11524 FAIRVIEW ROAD LITTLE ROCK, AR 72212

FOR MORE INFORMATION, CONTACT

John Aaron Rees, Jr. CCIM® Executive Broker W (501) 223-9298 M (501) 519-733711719 Hinson Rd #130 Little Rock, AR [email protected] www.ReesCommercial.com

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PROPERTY OVERVIEWAVAILABLE4,400 SF

LAND SIZE18,999 +/- SF17,580 Useable SF

SALES PRICE$650,000

ZONINGC-1 Neighborhood Commercial

UTILITIESAll city utilities available

TAXESEstimated at $7,200

PROPERTY HIGHLIGHTS• Proffesional office building located near Highway 10• Approximately 96 feet of frontage on Fairview Road• Approximately 169 feet of frontage on East side of Fairview Road• Monument sign at entrance of property• Nearby to national, regional & local businesses, retailers, restaurants & more• Approximately 17 +/- parking spaces available• $100,000+ in recent improvements




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PHOTOS & FLOOR PLAN




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LOCATION OVERVIEW




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DEMOGRAPHICS

1 Mile 3 Miles 5 Miles

Population 5,032 50,614 120,344

Avgerage Household Size 2.3 2.2 2.2

Median Age 39.5 39.3 38.8

Total Businesses 262 2,705 6,011

Total Employees 3,488 31,426 105,493

Median Household Income $85,254 $70,254 $65,439

Per Capita Income $52,206 $47,349 $44,157

Median Net Worth $161,425 $112,743 $90,813

White Collar 73% 79% 80%

Unemployment Rate 2.8% 3.2% 3.1%




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SOUTH ELEVATION


LITTLE ROCK MARKET OVERVIEWLittle Rock is the capital of Arkansas with a population of approximately 225,000 people and more than a million people living within an hour’s drive of downtown. Little Rock is the geographical center of Arkansas and is the hub of business, the arts, government and health care within the state. The city of Little Rock is 119.5 square miles, while Pulaski County covers 781 square miles. The median household income is $48,000 with incomes varying widely throughout the city. The wealthier areas tend to be North of I-630 and West of I-430.

Central Arkansas is home to major corporations such as Dillard’s, Verizon and Acxiom, as well as companies in the robotics, software engineering, call center, transportation, wood products, aerospace, and electric industries. The area’s accessible highways, railways, waterways and air transport make it an excellent distribution center. Little Rock’s state government is a major employer in the city.

Little Rock is also known for its healthcare industry and is home to four major hospitals. Arkansas Children’s Hospital is located near the state capitol and is one of the largest pediatric medical centers in the nation. The University of Arkansas for Medical Science campus is nationally known for its cancer research and geriatric care. Private nonprofit healthcare systems like Baptist Health and Chi St. Vincent System are also headquartered in Central Arkansas.

Moody’s Investment Service has named the Little Rock market the second most diverse economy in America. Scoring a 95.1 out of a possible 100 and second only to Chicago, Little Rock’s economy and employment profile match almost perfectly with the nation’s. In other words, so goes America — so goes Little Rock. That means strong, stable growth.

In fact, Forbes magazine ranked Little Rock 21st out of 150 metropolitan areas on its list of the best places in America for business and careers. The ranking was based on income, job growth and cost of doing business, as well as labor, crime rates, housing cost and net migration. Another strong indicator of stability and growth is the Little Rock National Airport, where for the 12th year in a row, more than a million boardings originated.



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OFFICE BUILDING FOR SALE...OFFICE BUILDING FOR SALE 11524 FAIRVIEW ROAD LITTLE ROCK, AR 72212 LITTLE...

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