LL Ark Properties LLC Acquires Retail Property In Little Rock, AR For $5.7M
600 Colonel Glenn Plaza Loop, Little Rock, Arkansas 72210, United States
$5,700,000
$81,428/SF
Building Size
70 SF
Asset Type
Retail
Closing
Jul 11, 2022
About this deal
AI
The retail property located at 600 Colonel Glenn Plaza Loop in Little Rock, AR has been sold. The property spans across 70,000 square feet and was sold for a total price of $5,700,000, which translates to a price per square foot of $81.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $5,700,000
- Address: 600 Colonel Glenn Plaza Loop, Little Rock, AR
- Market: Little Rock, AR
LL Ark Properties LLC acquired the property from Playtime Partnership LLC. David Adams from Playtime Partnership LLC represented the seller in this transaction.
Players
Little Rock Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.78%
Cash-on-Cash
-0.80%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93