Lyon Building: 401 W Capitol Ave

For Sale

401 W Capitol Avenue Little Rock 72201 USA, Little Rock, AR 72201

This Little Rock property for sale is located at 401 W Capitol Avenue Little Rock 72201 USA. The current listed sale price for Lyon Building: 401 W Capitol Ave is $8,400,000. Lyon Building: 401 W Capitol Ave is situated on a lot that is 1.93 square feet in size.

Contacts

broker

Todd Rice

Colliers

(501) 372-6161

broker

Brandon Rogers

Colliers

(501) 372-6161

Property Details

  • Property Type Office - General Office
  • Lot Size 1.93 SF
  • Additional Rent Contact for pricing
  • Building Class B
  • Year Built 1980
  • Date Updated May 17, 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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Getting around

  • 77/100

    Walk Score ®

  • 64/100

    Transit Score ®

  • 64/100

    Bike Score ®

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Location

  • City Little Rock, AR
  • Zip Code 72201
  • Market Little Rock

Points of Interest

  • 2nd Street & Center Street

    0.24 miles

  • West Markham Street & Spring Street

    0.30 miles

  • 2nd Street & Scott Street

    0.40 miles

  • West Markham Street & Scott Street

    0.41 miles

  • Scott Street & Markham Street

    0.44 miles

  • 2nd Street & Rock Street

    0.48 miles

  • River Market Avenue & 3rd Street

    0.54 miles

  • 3rd Street & River Market Avenue

    0.55 miles

  • President Clinton Avenue & River Market Avenue

    0.58 miles

  • 120 Main Street

    0.85 miles

  • Shell

    0.22 miles

  • E-Z Mart

    0.63 miles

  • Shell

    0.77 miles

  • Valero

    0.88 miles

  • Shell

    1.14 miles

  • Circle K

    1.16 miles

  • Exxon

    1.26 miles

  • Exxon

    1.46 miles

  • Shell

    1.50 miles

  • Riverdale Fuel Stop

    1.97 miles

  • Simmons Tower Parking Deck

    0.08 miles

  • Best Park

    0.16 miles

  • Private Parking

    0.27 miles

  • Municipal Parking Garage (Underground)

    0.32 miles

  • Library Parking Deck

    0.51 miles

  • River Market Parking Garage

    0.60 miles

  • Cell Phone Lot

    3.28 miles

  • Lot 15

    3.68 miles

  • Lot 14

    3.70 miles

  • Lot 12

    3.75 miles

  • La Quinta Inn & Suites Downtown Conference Center

    0.08 miles

  • Legacy Hotel & Suites

    0.17 miles

  • The Capital Hotel

    0.32 miles

  • DoubleTree by Hilton Hotel Little Rock

    0.35 miles

  • Little Rock Marriott

    0.40 miles

  • Hilton Garden Inn

    0.44 miles

  • Homewood Suites by Hilton Little Rock Downtown

    0.49 miles

  • Hampton Inn & Suites Little Rock - Downtown

    0.51 miles

  • Residence Inn Little Rock Downtown

    0.56 miles

  • Courtyard by Marriott Little Rock Downtown

    0.62 miles

  • Kroger

    1.57 miles

  • Kroger

    2.95 miles

  • Kroger

    3.51 miles

  • Terry's

    3.54 miles

  • MidTowne Shopping Center

    3.72 miles

  • Kroger

    3.83 miles

  • Dillard's

    3.97 miles

  • Target

    4.01 miles

  • TJ Maxx

    4.10 miles

  • Ross

    4.10 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Lyon Building: 401 W Capitol Ave