Retail Space
5500 West 12th Street Little Rock, AR 72204
Details & Description
Price: $1,200,000
    SRS National Net Lease Group is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a NNN leased, 7,000 SF Advance Auto Parts investment property (for sale or lease) located in Little Rock, Arkansas. The tenant, Advance Stores Company, Inc., has approximately 1.5 years remaining in their initial term, presenting a rare opportunity for a future investor to collect substantial potential cash flow prior to re-leasing or redeveloping the site. The lease is NNN with limited landlord responsibilities, making it an ideal, low-management investment opportunity for a passive investor. The in-place lease features a rent per square foot of $16.29 commencing 7/1/2021, valuing the property below replacement cost and allowing the new investor a low basis and replacement rent. C3 zoning (General Commercial) allows for a wide range of commercial business uses for a future investor.
    Listing Agents
    Max Sabino

    O: 949-270-8205
    max.sabino@srsre.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    5500 West 12th Street

    Little Rock, AR 72204

    Listing ID: 255834
    • 5500 West 12th Street Little Rock, AR 72204 | for Sale | Photo 1
    • 5500 West 12th Street Little Rock, AR 72204 | for Sale | Photo 2
    5500 West 12th Street | for Sale | Thumbnail 1
    5500 West 12th Street | for Sale | Thumbnail 2
    Building Size: 7,000 SF
    Lot Size: 1.000 AC
    Land Size: 43,560 SF
    Building $/SF: $171.43
    Land $/SF: $27.55
    Price
    $1,200,000
    Description

    SRS National Net Lease Group is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a NNN leased, 7,000 SF Advance Auto Parts investment property (for sale or lease) located in Little Rock, Arkansas. The tenant, Advance Stores Company, Inc., has approximately 1.5 years remaining in their initial term, presenting a rare opportunity for a future investor to collect substantial potential cash flow prior to re-leasing or redeveloping the site. The lease is NNN with limited landlord responsibilities, making it an ideal, low-management investment opportunity for a passive investor. The in-place lease features a rent per square foot of $16.29 commencing 7/1/2021, valuing the property below replacement cost and allowing the new investor a low basis and replacement rent. C3 zoning (General Commercial) allows for a wide range of commercial business uses for a future investor.

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Little Rock History of Retail Space for Sale

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    Little Rock Area Market Trends

    Listing Demographics for 5500 West 12th Street Little Rock, AR 72204

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population10,08571,300147,973
    Population Median Age373938
    Population by Age0-9 Yrs1213 (12%)8228 (11%)19285 (13%)
    10-19 Yrs1239 (12%)7841 (10%)16197 (10%)
    20-29 Yrs1705 (16%)12247 (17%)25013 (16%)
    30-39 Yrs1520 (15%)10047 (14%)20477 (13%)
    40-49 Yrs1061 (10%)8275 (11%)17829 (12%)
    50-59 Yrs1484 (14%)9548 (13%)18353 (12%)
    60-69 Yrs1028 (10%)8030 (11%)16814 (11%)
    70+ Yrs835 (8%)7083 (9%)14006 (9%)
    Median HH Income$36,978$44,409$44,471
    Total Household Income< 24K1363 (33%)8380 (26%)17902 (28%)
    25-49K1363 (33%)8709 (28%)17205 (26%)
    50-74K594 (14%)5160 (16%)10505 (16%)
    75-99K358 (8%)3260 (10%)6289 (9%)
    100-199K374 (9%)4292 (13%)9115 (14%)
    200K+41 (1%)1293 (4%)2898 (4%)
    Highest Education LevelNo Diploma72044329954
    Diploma or GED18581155324306
    Some College16451049021684
    Assoc. Degree40128006608
    Bachelors Degree13511166622752
    Higher Degree838810115394
    Total Housing Units5,09337,59977,614
    --Owner-Occupied1,90315,95432,037
    --Renter-Occupied2,19115,13931,876
    Owner-Occupied Values< 100K1101506510199
    100-199K628595812196
    200-299K11519904240
    300-399K518571980
    400-499K06821128
    500K+814022294
    Total Working Age Population8,24058,711118,853
    In Work Force4,49137,47876,965
    Not In Work Force3,74921,23341,887
    Workforce Employed4,11135,39372,774
    Workforce Unemployed3801,9943,894
    Civlian Workforce4,49137,38776,668
    Military Workforce091298
    Total Households4,09431,09363,914
    Family Households2,03515,23632,762
    Non-Family Households2,05915,85731,152
    Married Couple1,0348,49718,937
    Other Family1,0006,73913,824
    Married w/Child2012,7536,696
    Single Male w/Child164621,349
    Single Female w/Child4162,9356,014

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Arkansas2,673,400+92,915,918+53,072,430+63,271,344
    Pulaski County361,474+6382,748+7409,626+7438,011
    Saline County83,529+28107,118+24132,720+23163,898

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 5500 West 12th Street in Little Rock?
    The asking price for 5500 West 12th Street is $1,200,000
    What is the building size of this Retail property in Little Rock, AR?
    The size of the building/unit at 5500 West 12th Street in Little Rock is 7,000 square feet
    How much land does the Little Rock, AR property at 5500 West 12th Street include?
    5500 West 12th Street in Little Rock includes 1.000 acres of land
    What kind of Retail is the propery at 5500 West 12th Street?
    The property at 5500 West 12th Street Little Rock, AR 72204 is listed as a Free Standing Building Retail property
    What is the population within 1 mile of 5500 West 12th Street in Little Rock?
    The population within 1 mile of 5500 West 12th Street Little Rock, AR 72204 is 10,085 people.
    Who do I contact for questions about 5500 West 12th Street?
    You should contact the listing agent, Max Sabino, for any details regarding this commercial listing.

    Closest Commercial Airports

    Airport Distance (mi)
    Bill & Hillary Clinton National Airport/Adams Field (LIT) 6
    Fort Smith Regional Airport (FSM) 122
    Memphis International Airport (MEM) 135