Shopping Strip
Baseline Road Retail Center
6115 Baseline Rd, Little Rock, AR 72209
Listing Price: $1,069,803
Investment Overview
Baseline Road Retail Center is a 11,700-square-foot, multi-tenant center that is located in a dense retail corridor of Little Rock, Arkansas. The center is 100 percent occupied with a mix of triple-net and gross leases. The tenant base is a complementary mix of internet-resistant, service-oriented businesses and clinics, including DaVita Dialysis and Variety Sales. Constructed in 1968, the building is situated on a 1.08-acre lot with paved parking spots. Baseline Road Retail Center is priced at $91 per square foot which is well below the cost of replacement.
The subject property is located on Baseline Road with over 22,000 vehicles per day and benefits from high traffic counts off of Interstate 30 with 124,000 vehicles per day. Baseline Road Retail Center is accessible from multiple ingress and egress points and is surrounded by many national and regional retailers including Walmart, Family Dollar, Home Depot, Sonic, McDonald's and Taco Bell.
Baseline Road Retail Center
Investment Highlights
- 11,700-Square-Foot, Multi-Tenant Retail Center Anchored by DaVita Dialysis Clinic
- 100% Occupied with a Mix of Triple-Net and Gross Leases
- Tenant Base is a Complementary Mix of Internet-Resistant, Service-Oriented Businesses and Clinics
- Priced at $91 per Square Foot | Well Below Cost of Replacement
- Month-to-Month Tenant is Well Below Market Rents | Opportunity to Add Value by Re-Leasing at Market Rent and Converting to NNN Lease
- Property is Situated on a 1.08-Acre Parcel with Paved Parking Spaces
Exclusively Listed By
Broker of Record
Listing Price: $1,069,803
Investment Highlights
- 11,700-Square-Foot, Multi-Tenant Retail Center Anchored by DaVita Dialysis Clinic
- 100% Occupied with a Mix of Triple-Net and Gross Leases
- Tenant Base is a Complementary Mix of Internet-Resistant, Service-Oriented Businesses and Clinics
- Priced at $91 per Square Foot | Well Below Cost of Replacement
- Month-to-Month Tenant is Well Below Market Rents | Opportunity to Add Value by Re-Leasing at Market Rent and Converting to NNN Lease
- Property is Situated on a 1.08-Acre Parcel with Paved Parking Spaces
Investment Overview
Baseline Road Retail Center is a 11,700-square-foot, multi-tenant center that is located in a dense retail corridor of Little Rock, Arkansas. The center is 100 percent occupied with a mix of triple-net and gross leases. The tenant base is a complementary mix of internet-resistant, service-oriented businesses and clinics, including DaVita Dialysis and Variety Sales. Constructed in 1968, the building is situated on a 1.08-acre lot with paved parking spots. Baseline Road Retail Center is priced at $91 per square foot which is well below the cost of replacement. The subject property is located on Baseline Road with over 22,000 vehicles per day and benefits from high traffic counts off of Interstate 30 with 124,000 vehicles per day. Baseline Road Retail Center is accessible from multiple ingress and egress points and is surrounded by many national and regional retailers including Walmart, Family Dollar, Home Depot, Sonic, McDonald's and Taco Bell.
Exclusively Listed By
Broker of Record
