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Circle K Transaction Exceeds $3.9M (Real Deals)Lock Icon

4 min read

A 3,600-SF convenience store in North Little Rock weighed in at $3.97 million.

Conark LLC of El Paso, Texas, acquired the Circle K at 1604 Pike Ave. from Blue CK Pike RD LLC, led by Jared Coleman.

The deal is backed with a $2.3 million loan from WestStar Bank of El Paso, Texas.

The 0.88-acre location was bought for $475,000 in March 2022 from the 3SK Family Trust, led by Paula Bramlett and Kathy Lamb.

Office Transaction

A 13,480-SF office building in North Little Rock tipped the scales at $1.9 million.

The North Little Rock School District purchased the 3201 Hwy. 161 project from Applied Technology Group Inc., led by Scott Landers.

Applied Technology Group bought the 1.96-acre development for $775,000 in January 2008 from Diamond Plaza Inc., led by Paul Yates.

Diamond Plaza acquired the property for $705,000 in December 1994 from Charles Edwards Investments Inc., led by Andreas Mueller.

Argenta Acquisition

A 5,000-SF commercial building in downtown North Little Rock changed hands in a $1.5 million deal.

The city of North Little Rock bought the Arkansas College of Barbering at 200 E. Washington Ave. from Larry and Carol Robinson.

The Robinsons acquired the 0.45-acre development for $400,000 in December 2012 from Larry and Mary Little.

The Littles purchased the property for $75,000 in 1983 from John McCraw Jr. and his wife, Florence.

Church Land

A North Little Rock congregation assembled 20.3 acres in two transactions totaling $865,000.

New Life Pentecostal Church Inc. acquired land adjoining the east side of the Dollar General at 11046 U.S. 165 from ABDTD Investments LLC, led by Gurkirpal Singh, 5.24 acres for $490,000; and Jimmy Brewer Jr. and his wife, Tara, 15.06 acres for $375,000.

The deal is financed with a 25-year loan of $850,000 from the United Pentecostal Church Development Fund Inc. of Weldon Spring, Missouri.

ABDTD purchased its property for $210,000 in October 2018 from First Security Bank of Searcy.

The Brewers bought their land in April 2020 as part of a $333,905 deal for more than 52 acres. The seller was Southeast Financial Management LLC, led by George Wilcox.

Industrial Buy

A 4,595-SF industrial building in east Little Rock sold for $400,000.

Ben Davis Properties Management LLC, led by Diane Davis, purchased the 2600 E. Roosevelt Road project from Wayne and Marsha Holden.

The deal is funded with a five-year loan of $340,000 from Encore Bank of Little Rock.

The Holdens acquired the 1.41-acre development for $195,000 in January 2004 from Ferrel and Janis Minick and Chris and Melissa Minick.

Baseline Purchase

A 3,346-SF commercial property in southwest Little Rock drew a $200,000 transaction.

Inocencio Martinez and Molina Sebastiana bought the 7510 Baseline Road project from Baseline Realty LLC, led by James Doyle. The property is home to Southwest Shoe & Luggage Repair and Pollos Asados El Jarocho, a fast-food eatery.

Doyle purchased the 0.2-acre development for $65,000 in April 1993 from Phyllis Alexander Kaplan and Natalie Alexander Greenberg.

Orle Abode

A 7,031-SF home in west Little Rock’s Orle neighborhood weighed in at $1.7 million.

Sridhar and Shilpa Madgula acquired the house from Joey and Leslie Wiggins.

The deal is backed with a 30-year loan of $1.3 million from U.S. Bank of Cincinnati.

The Wiggins family bought the residence for $1.6 million in February 2022 from AR Reddy Investments LLC, led by Raghu Reddy.

Deauville Place

A 5,851-SF home in west Little Rock’s Deauville Place neighborhood tipped the scales at $1.27 million.

Jack and Valerie Nunnery purchased the house from Amelia Russell.

The residence was bought for $995,000 in August 2012 from Robert Clancy Jr. and his wife, Debbie.

The Clancys acquired the 0.82-acre location for $193,000 in September 2008 from Deltic Timber Corp. of El Dorado.

Midland Hills

A 3,415-SF home in Little Rock’s Midland Hills neighborhood rang up an $830,000 sale.

The Chris E. Fowler Jr. Grandchild’s Trust bought the house from Fred and Carol Auger.

Fred Auger acquired the residence for $202,000 in March 2004 from the estate of Aline Fay Miller.

The MIller family purchased the property for $13,500 in April 1965 from Margaret Fones Ray.

Heights House

A 3,248-SF home in the Heights area of Little Rock is under new ownership after a $775,000 transaction.

Catherine and Matthew Landrum acquired the house from Chapman and Jacqueline Wyant. The deal is financed with a 30-year loan of $775,000 from Morgan Stanley Private Bank of Purchase, New York.

The property was bought from Lena Hays in August 2022 for $226,000.

Riverdale Condo

A 2,866-SF condo in the Riverdale area of Little Rock changed hands in a $760,000 deal.

Bridget Norton purchased the 10th-floor residence from Riviera Partners LLC, led by Randy Mourot. The deal is funded with a 30-year loan of $722,000 from Arvest Bank of Fayetteville.

Riviera Partners acquired the 123,976-SF Riviera Building at 3700 Cantrell Road for $6.6 million in April 2007 from Heartland Properties Corp., led by Larry McCraw.

Hillcrest Residence

A 3,098-SF home in the Hillcrest area of Little Rock sold for $750,000.

Monique Spillman bought the house from Jonathan Gober. The deal is backed with a 30-year loan of $200,000 from Primis Mortgage Co. of Wilmington, North Carolina.

The residence was purchased for $425,000 in November 2017 from Jeff Fuller Homes LLC.

Country Club Home

Eliza and Alec Gaines paid $2.72 million for a 6,100-SF house near the Country Club of Little Rock.

The sellers, Simon Mears and Mary Grace Kelly, acquired the residence for $1.6 million in May 2015 from the Trudie Christine Mae Trust.

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