824 W CAPITOL AVE

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824 W CAPITOL AVE

LITTLE ROCK, AR 72201-3106
Asking Price
$675K
Asset Type
Restaurant Retail
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Located at 824 W Capitol Ave in Little Rock
  • Retail restaurant asset priced at 675000 dollars
  • The building interior is fully gutted and ready for finishes
  • Versatile shell space suitable for restaurant build-outs
  • Positioned within the central business district of Arkansas

What's Special

Little Rock serves as the primary economic and cultural engine for Arkansas, providing a stable environment for businesses in the downtown area. Situated on West Capitol Avenue, this retail asset occupies a central position in the city. The property functions as a restaurant sub-type and is currently positioned as a shell building. With the interior completely gutted, the space is prepared for customized tenant finishes to meet specific operational requirements. This layout provides flexibility for a wide variety of restaurant concepts looking to establish a footprint in the capital city. Investors and business owners can tailor the internal configuration to suit specialized kitchen needs or dining room aesthetics, making it a viable candidate for hospitality ventures seeking a blank canvas in an established urban corridor.

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NOI
$80,000
Cap Rate
11.85%
DSCR
2.00
Strong
Cash-on-Cash
19.72%
Monthly Payment
$3,339.532
Annual Cash Flow
$39,925.62

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