- For Sale $8,400,000
- Property Type Office - General Office
- Lot Size 1.93 SF
- Building Class B
- Year Built 1980
- Date Updated Apr 30, 2024
Constructed in 1979, and located at the corner of Broadway and Capitol Avenue in downtown Little Rock, the Lyon Building represents a rare ownership opportunity for an operator requiring square footage for their operation and shift to acquire at a price significantly below replacement cost. Current occupancy stands at +/- 40% offering multiple options for tenancy, including full floor and contiguous square footage scenarios. The building’s unique atrium design funnels abundant natural light to otherwise artificially lit interior office space. There is restaurant and convenience shopping located in the atrium, and the building is adjacent to and shares common area with the 623,354 SF Simmons Tower Building, also offering multiple restaurant options and service amenities. The property benefits from significant capital expenditure investment in recent years, including: roof replacement in 2015, mechanical system upgrades in 2016 and remodel of all common areas (including bathrooms) on each floor of the building in 2022.
Situated in the heart of the Little Rock central business district, there are multiple restaurant options as well as the Main Street and River Market entertainment districts, all within walking distance. Access wise, the property benefits from close and convenient access to I-630 and I-30, connecting the property to all parts of the city.
The Lyon Building has 99 secure underground parking spaces in the basement of the building, and access to an additional 500 + deck and surface parking spaces within a 1.5 block radius of the property.
Partially vacant
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Contacts
Location
Getting Around
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Walk Score ®
77/100
Very Walkable
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Transit Score ®
64/100
Good Transit
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Bike Score ®
64/100
Bikeable
- City Little Rock, AR
- Zip Code 72201
- Market Little Rock
Points of Interest
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2nd Street & Center Street
0.24 miles
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West Markham Street & Spring Street
0.30 miles
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2nd Street & Scott Street
0.40 miles
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West Markham Street & Scott Street
0.41 miles
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Scott Street & Markham Street
0.44 miles
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2nd Street & Rock Street
0.48 miles
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River Market Avenue & 3rd Street
0.54 miles
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3rd Street & River Market Avenue
0.55 miles
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President Clinton Avenue & River Market Avenue
0.58 miles
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Little Rock
0.79 miles
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Shell
0.22 miles
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E-Z Mart
0.63 miles
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Shell
0.77 miles
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Valero
0.88 miles
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Shell
1.14 miles
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Circle K
1.16 miles
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Exxon
1.26 miles
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Exxon
1.46 miles
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Shell
1.48 miles
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E-Z Mart
1.72 miles
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Simmons Tower Parking Deck
0.08 miles
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Best Park
0.16 miles
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Private Parking
0.27 miles
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Municipal Parking Garage (Underground)
0.32 miles
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Library Parking Deck
0.51 miles
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River Market Parking Garage
0.60 miles
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Cell Phone Lot
3.28 miles
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Lot 15
3.68 miles
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Lot 14
3.70 miles
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Lot 12
3.75 miles
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La Quinta Inn & Suites Downtown Conference Center
0.08 miles
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Legacy Hotel & Suites
0.17 miles
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The Capital Hotel
0.32 miles
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DoubleTree by Hilton Hotel Little Rock
0.35 miles
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Little Rock Marriott
0.40 miles
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Hilton Garden Inn
0.44 miles
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Homewood Suites by Hilton Little Rock Downtown
0.49 miles
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Hampton Inn & Suites Little Rock - Downtown
0.51 miles
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Residence Inn Little Rock Downtown
0.56 miles
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Courtyard by Marriott Little Rock Downtown
0.62 miles
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Tropical Smoothie
0.06 miles
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McDonald's
0.10 miles
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EJ's Eats and Drinks
0.11 miles
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The Southern Gourmasian
0.12 miles
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Lulav
0.13 miles
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Jimmy John's
0.14 miles
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Hanaroo Sushi Bar
0.15 miles
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Taco Bell
0.16 miles
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Rally's
0.16 miles
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Juice Leaf
0.18 miles
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eStem Downtown Campus
0.23 miles
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Philander Smith College
0.51 miles
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St Edward Catholic School
0.66 miles
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University of Arkansas Law School
0.90 miles
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Gibbs Magnet Elementary School
0.90 miles
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Episcopal Collegiate School
0.98 miles
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Rockefeller Early Childhood
0.99 miles
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Rockefeller Elementary School
1.00 miles
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ESTEM East Village
1.01 miles
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Dunbar Magnet Middle School
1.04 miles
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Incredible Kidz
1.16 miles
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Grandma's House & Learning Center
5.73 miles
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Kiddie Academy of Little Rock
9.62 miles
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Children's Garden development center
9.70 miles
Frequently Asked Questions
What is the lease rate for Lyon Building: 401 W Capitol Ave?
Rental asking rate at Lyon Building: 401 W Capitol Ave is $4,200,000.00/YR.
What is the total square footage of Lyon Building: 401 W Capitol Ave?
Lyon Building: 401 W Capitol Ave totals 139,779 square feet.
When was this property built?
Lyon Building: 401 W Capitol Ave was built in 1980.
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