RIVERFRONT PLAZA
  • Video
  • Investment Summary
  • Aerial View
  • Confidentiality Agreement


The Opportunity

JLL is pleased to present the opportunity to acquire Riverfront Plaza (“the Property”) in Little Rock, AR. This four-building office campus is located just northwest of Downtown Little Rock, minutes from the premier Riverdale/Sherrill Heights neighborhood, and once headquartered operations for Alltel Wireless for over 25 years. Only recently repositioned as multitenant buildings, the Property is already 99% leased to a diversified rent roll with credit worthy tenancy.

The 1.2 million square feet of competitive buildings in the immediate area enjoy less than 3% weighted average vacancy demonstrating the demand and strength of this business-friendly location nestled amongst an affluent, densely populated neighborhood with excellent retail, healthcare and country clubs.​

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Property specifics

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INVESTMENT HIGHLIGHTS

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​FOUR-BUILDING OFFICE CAMPUS with ability to construct an additional building; Iconic former Alltel Wireless headquarters
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99% OCCUPIED by a diversified, tenant roster that was re-leased in less than 60 months with credit worthy tenancy. +10 tenants have already extended the original term and invested significant improvements demonstrating stickiness
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UNOBSTRUCTED VIEWS along the striking Arkansas River with superior location within a minutes’ drive to Downtown Little Rock to the east and the Riverdale/Sherrill Heights neighborhood to the west​
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​IN-PLACE RENTS 17% below market with more than 100,000 square feet expiring over the next 36 months​

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​EXCELLENT ON-SITE AMENITIES including an auditorium, conference center, and fitness center and proximate to 17-mile Arkansas River Trail​
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8 minutes from Arkansas State Capitol and 10 minutes from Clinton National Airport with direct access to SH-10 and proximate to I-630 and I-30; Immediate access to a variety of residential neighborhoods​

Riverfront Plaza Location



Little Rock Economic Overview

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Sales Contacts 

Jack Crews
Senior Managing Director
+1 214 438 6150
jack.crews@am.jll.com
Deborah Johnson
Broker of Record, State of Arkansas
+1 903 832 8298
deborah.johnson@am.jll.com
Greyson Fewin
Analyst
+1 214 438  6380
greyson.fewin@am.jll.com
​Robert Westerfield
Analyst
+1 469 221 7779
robert.westerfield@am.jll.com

Finance Contacts 

Brian Carlton
Senior Managing Director
+1 469 232 1943
brian.carlton@am.jll.com
  • Video
  • Investment Summary
  • Aerial View
  • Confidentiality Agreement