North Little Rock Office Market Trends

Office Rental Market

  • $15.36 2019 Avg. Asking Rent
  • 8.98 % 2019 Avg. Vacancy Rate
  • 0 2019 Office Completions (Sqft)
  • 0 2020 Estimated Pipeline (Sqft)
In 2019, the average asking rent for office space in North Little Rock was $15.36 per square foot, and the office vacancy rate across the market averaged 8.98 %. During 2019, developers added 0 square feet of new office space to the North Little Rock market inventory. Office developments estimated for delivery during 2020 total 0 square feet.

Average Office Asking Rents by Class

2019 Average Office Rent per Square Foot

  • North Little Rock Class B Office Buildings$15.84
  • North Little Rock Class C Office Buildings$14.00
  • AR Class A Office Buildings$23.95
  • AR Class B Office Buildings$17.19
  • AR Class C Office Buildings$14.07

North Little Rock, AR Office Asking Rents by Class

OFFICE CONSTRUCTION IN North Little Rock, AR

  • North Little Rock, AR Total Sqft completed in 2019 0
  • North Little Rock, AR Total Sqft under construction in 2020 0
10 Largest Office Buildings in North Little Rock
Building name Address Total Sqft Year built
U.S. Bank Building 1 Riverfront Place, 72114 113,650 1975
Baptist Health - Springhill Medical Plaza 3401 Springhill Drive, 72117 102,858 2000
515 West Pershing Blvd 515 West Pershing Blvd, 72114 92,384 1977
5426 Landers Road 5426 Landers Road, 72117 71,005 1989
4701 Northshore Drive 4701 Northshore Drive, 72118 47,627 2009
Stockton Medical Plaza 4261 Stockton Drive, 72117 32,857 2017
Crestwood Professional Building 2501 Crestwood Road, 72116 32,387 1993
McCain Park Offices - 3809 & 3901 Buildings 3809 McCain Park Drive, 72116 31,836 1982
2504 McCain Blvd 2504 McCain Blvd, 72116 31,295 1977
McCain Park Offices - 3805 & 3807 Buildings 3805 McCain Park Drive, 72116 30,000 1982
Largest Office Properties Recently Completed in North Little Rock
Office building Address Sqft Completed
Stockton Medical Plaza 4261 Stockton Drive, 72117 32,857 2017
4701 Northshore Drive 4701 Northshore Drive, 72118 47,627 2009
Baptist Health - Springhill Medical Plaza 3401 Springhill Drive, 72117 102,858 2000
Crestwood Professional Building 2501 Crestwood Road, 72116 32,387 1993
5426 Landers Road 5426 Landers Road, 72117 71,005 1989
McCain Park Offices - 3809 & 3901 Buildings 3809 McCain Park Drive, 72116 31,836 1982
McCain Park Offices - 3805 & 3807 Buildings 3805 McCain Park Drive, 72116 30,000 1982
515 West Pershing Blvd 515 West Pershing Blvd, 72114 92,384 1977
2504 McCain Blvd 2504 McCain Blvd, 72116 31,295 1977
U.S. Bank Building 1 Riverfront Place, 72114 113,650 1975
Data provided by Commercial Edge

Office Spaces for Rent in Arkansas

See trends for nearby markets

The North Little Rock office market contains an inventory of 514,894 square feet of office space, in 12 buildings that are equal to or larger than 25,000 square feet.

This market trends report is based on analysis of city-level data. Averages were calculated based on values dated January 1st 2019 through December 31st 2019. Construction pipeline data shown is valid as of April 2020. The information on this page was compiled using data provided by our sister company, CommercialEdge – a market intelligence solution which offers comprehensive knowledge on all North Little Rock commercial properties sized 25,000 square feet or larger.

While every effort was made to ensure the accuracy of the data presented in this report, the information is provided “as is” and neither CommercialCafe nor CommercialEdge can guarantee that the information provided is complete.