For Sale Commercial MLS# 26036169

8424 Kanis Road

Little Rock, AR 72204

$797,000

About 8424 Kanis Road

Rare investment and owner-user opportunity on highly visible Kanis Road! This .27-acre commercial property offers 1,765 SF, 18,000+ vehicles per day traffic and an established telecommunications site generating approximately $1,572/month in current income. Building tenant is month-to-month at $1,000/month, with current rent reflecting consideration for owner-approved improvements. Solid structure with value-add potential for renovation, increased rental income or future owner occupancy. Located in Little Rock’s established medical/commercial corridor near Baptist Health and convenient to I-630. Two existing income streams plus excellent visibility, access and long-term upside make this a unique commercial offering. UNIQUE TELECOM VALUE COMPONENT Existing telecom income with scheduled lease economics through the remaining term. Subject to the lease terms and owner compliance, the existing communications tower is to become property of the landowner upon termination of the telecom lease. Potential additional carrier colocation capacity may provide future upside; capacity, approvals and revenue rights to be independently verified.

Property details

Property

Type
Building and Land
MLS type
Commercial / Industrial
Status
Active
Year built
1943
Living area
1,765 sqft
Price / sqft
$452
Lot
0.27 AC
Original price
$797,000
MLS #
26036169

Location

Subdivision
Michaels
County
Pulaski
Directions
Take Kanis Road East to John Barrow Road past Baptist Medical Center. Cross intersection stay on Kanis. Property is on Left. Sign on Site.

Location

Neighborhood
Michaels

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Listed by Vicki Biggs, Crye-Leike REALTORS Maumelle

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.