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Value-Add 600,000+ SF Class A Office | Little Rock, AR

Market Price

400 West Capitol Avenue, Little Rock, AR 72201

Active
Last Updated: 10/14/2025

473,290

NOI

613,281 sqft

Building Size

Details:
NOI:    $473,290
Building Size:    613,281 sqft
Lot Area:    2.07 acres
Occupancy:    44%
Year Built:    1975
Floors:    31
Parking Spots:    640
Year Last Renovated:    2024
Highlights:
  • Iconic Value-Add Opportunity: As Arkansas’ second tallest building, 400 West Capitol offers near-term upside through lease-up (currently 44% occupied) and long-term growth via rent markups and tenant repositioning.
  • Institutional-Grade Infrastructure: Over $14.5M in recent capital improvements including elevator modernization, HVAC upgrades, and common area renovations, minimizing future back-of-house capital needs.
  • Premier On-Site Amenities: Includes a fitness center, conference facilities, multiple food & beverage options, and 640+ parking stalls with expansion potential.
  • Flexible Leasing & Anchor Potential: Large contiguous blocks of upper-floor space and panoramic views offer a rare opportunity to attract a multi-floor anchor tenant with top-of-building signage rights.
  • Strategic Downtown Location: Located in the heart of Little Rock’s revitalized CBD, with walkable access to retail, dining, entertainment, and government institutions.
  • Proximity to Major Employers & Institutions: Surrounded by Fortune 500 companies, hospitals, universities, and cultural venues, supporting demand from legal, financial, healthcare, and professional services sectors.
Description:

Ri Marketplace Online Auction November 17th-19th, 2025
Register to bid on Marketplace:

https://rimarketplace.com/auction/2851/value-add-600-000-sf-class-a-office-little-rock-ar?utm_source=brevitas&utm_medium=listing&utm_campaign=external&utm_content=office_2851

JLL, in conjunction with RealINSIGHT Marketplace, is pleased to present the opportunity to acquire 400 West Capitol (the “Property”), a premier Class A office and redevelopment opportunity located in downtown Little Rock, Arkansas. The 613,281-square-foot, 31-story office tower is currently 44% leased to a diverse mix of nationally recognized tenants including Deloitte, Regions Bank, and Friday Firm—offering immediate in-place cash flow and significant value-add potential through lease-up and strategic repositioning.

With over $14.5 million in recent capital improvements, including elevator modernization, HVAC upgrades, and amenity enhancements, the Property is well-positioned to attract top-tier tenants seeking high-quality space in a revitalized urban core. The building features panoramic views, flexible floor plates, and premier signage opportunities, making it an ideal candidate for anchor tenancy. Located within walking distance of the Arkansas State Capitol, Clinton National Airport, and Little Rock’s River Market District, 400 West Capitol offers unmatched connectivity and lifestyle appeal in Central Arkansas.


David Stafford
*
License: 372
Broker License # is PB00046546
The platform fee for this transaction is the greater of 5.00% or a minimum of $25,000.

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