8424 Kanis, Little Rock, AR 72204

$797,000
1,765
SqFt

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Property Description

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.

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Listing courtesy of Crye-Leike REALTORS Maumelle.