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West Little Rock Shopping Center
For Lease
$45 SF/Yr

12312 Chenal Parkway, Little Rock, AR 72211

49,755 SF shopping center at Chenal & Markham intersection.

Space Size1,541 SF - 3,022 SF
Property Size44,855 SF
Lot Size0.63 Acres
Days on Market168

Property Features for 12312 Chenal Parkway

General Information

Standard status Active
Size 1,541 SF - 3,022 SF
Lot size 0.63 Acres
Property subtype Retail
Lease Term NNN

Building Details

Building Size 44,855 SF
Year Built 1997

Spaces For Lease

at 12312 Chenal Parkway Contact us

310-106

Size
1,541 SF
Type
Strip Center
Term
Negotiable
Rate
Contact for pricing
Contact us

Genghis Grill $45/SF/Yr

Size
3,022 SF
Type
Restaurant
Term
Negotiable
Contact us
Listing Agency: Ashley Group Commercial Real Estate
Listed By: Grayson Chilton
Source: Ashleygroupproperties
Added: Mar 5 Changed: Aug 8 Last Checked: Aug 20 at 5:25AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Ashley Group Commercial Real Estate

Investment Insights

Based on property information with market context.

This 49,755 square foot shopping center is located at the intersection of Markham Street and Chenal Parkway in West Little Rock. The property features multiple small tenant spaces, as well as freestanding buildings occupied by Chili’s Grill & Bar and Firestone Auto Center. A former 3,022 square foot Ghengis Grill space is available for lease. The available space is situated on a 0.63 acre lot with frontage on Chenal Parkway. The shopping center is located one mile west of I-430.

Key Highlights

  • Prime location at the intersection of Markham Street and Chenal Parkway in West Little Rock.
  • High visibility with frontage on Chenal Parkway.
  • Located one mile west of I‑430.

Property Analytics

Current Use

Palm Beach Tan Tanning Salon Nothing Bundt Cakes Bakery Advanced Sun Systems Tanning Salon Firehouse Subs Chenal ... Take-out & Catering Indian Market Grocery & Convenience Store

Suggested Use

Top Pick Building Supply Law Firm Big Box & Wholesale Store HVAC Service Auto Repair Shop Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$6.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,001
Businesses Nearby
Balanced
Demand for This Use

Demographics for 72211, AR

24,338
Population
12,009
Households
2
Avg Household Size
35
Median Age
56%
College-Educated
97%
High-School Grad
8.3 sq mi
ZIP Area
2,932
Density / Sq Mi
$80,808
Median Household Income
$53,527
Median Earnings
$1,142
Median Rent
$257,800
Median Home Value

Market

Lease Benchmarks for Little Rock, AR

$18.21 /SF/Yr
Avg Asking Price
$11–$45 /SF/Yr
Price Range
35,623 SF
Avg Space Size

This space is priced 147% above the average of $18.21 /SF/Yr.

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • BOWMAN CURVE II 200 N Bowman Rd, Little Rock, AR 72211
  • Rock Creek Square Plaza Shopping Center 12111 W Markham St, Little Rock, AR 72211
  • Chenal Commons Shopping Center 12801 Chenal Pkwy, Little Rock, AR 72211
  • Soccer Post Little Rock 1015 Embassy Suites Dr, Little Rock, AR 72211
  • BOWMAN STATION S Bowman Rd, Little Rock, AR 72211

Frequently Asked Questions

What type of property is this?
Shopping center - 49,755 SF shopping center at Chenal & Markham intersection.
Where is this shopping center located?
The property is located at 12312 Chenal Parkway Little Rock, AR.
What is the lease rate?
The lease rate is $45 SF/Yr.
What are key features of this property?
This property features: Prime location at the intersection of Markham Street and Chenal Parkway in West Little Rock.; High visibility with frontage on Chenal Parkway.; Located one mile west of I‑430.
More about this property
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