4314 Landers Road, North Little Rock, AR

Land for Sale - 8.51 acres


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Agent Info

NameJohnny Mitchum

Property Info

CIMLS #922798
Location4314 Landers Road
North Little Rock AR 72117
Last UpdatedJuly 18th, 2018
TypeLand
PriceUndisclosed
Land8.51 acres
DemographicsView data

Contact


Property Description

Rare Offering of Strategically located land and buildings in the middle of one of Arkansas' most prominent Metroplex Retail Centers. Property is prime for redevelopment into a wide variety of potential uses including: Hotel/Convention Center, Medical Campus, School, Theater, Automobile Agency, Religious Campus, Museums, Restaurants, Banks, and Mixed Use for Retail/Office/Multi-Family

BUYERS MAY MAKE OFFERS FOR ONE OR ALL OF THE TRACTS!

All Zoned Highway Commercial C-4

Tract 1--3.06 +/- acres contains a church campus with 20,525+/- sq.ft. of buildings--Price $2,931,500 ($22 per sq.ft. for land..Buildings are FREE)

Tract 2--3.14+/- acres contains an amazing Activity Center (gym, cafe, meeting rooms) with 18,544+/- sq.ft.--Price $2,590,000

Tract 3--2.31+/- acres contains two buildings totaling 34,800+/- sq.ft. and is leased on NNN Lease. There are 4 years remaining on current Renewal Term and one 5-year option remaining. Cap Rate is 5.9% on Price of $2,090,000.

Location Description:

The property is in the middle one of the region’s most dynamic commercial centers in Arkansas. The area is anchored by two large shopping areas, McCain Mall and The Other Center, consisting of hundreds of national and locally owned retail stores. Short Distance to Lowes and Home Depot. Surrounded by restaurants, hotels, any myriad retail establishments. High traffic count provides unmatched visibility for the strategic set of properties.

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