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Retail Space Next to ALDI
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12309 Chenal Pkwy, Little Rock, AR 72211

14,850 SF retail space with shared dock access.

Space SizeContact for details
Days on Market149

Property Features for 12309 Chenal Pkwy

General Information

Standard status Active
Property subtype Retail
Listing Agency: CBRE
Listed By: Nick Garavaglia
Source: Cbre
Added: Mar 25 Changed: Aug 14 Last Checked: Aug 20 at 11:44AM

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 CBRE

Investment Insights

Based on property information with market context.

This retail space offers approximately 14,850 square feet, with dimensions of 70 feet 5 inches by 205 feet 3 inches. The property is located adjacent to a new ALDI grocery store. It benefits from a location at the intersection of Chenal Parkway and West Markham Street, which experiences a traffic volume of over 68,000 vehicles per day. The surrounding trade area includes a variety of large national retailers such as Target, Home Depot, Walmart, Sam's Club, Hobby Lobby, Academy Sports, Ulta, At Home, and Lowe's. The space includes shared dock access via a common entryway with ALDI. Delivery of the space is expected in the second quarter of 2024.

Key Highlights

  • Located at the intersection of Chenal Pkwy & W Markham St with 68,000+ VPD
  • Located next to a new ALDI grocery store
  • Immediate surrounding trade area includes large national retailers (Target, Home Depot, Walmart, etc.)

Property Analytics

Current Use

Staples Print & Marketing ... (Bike/Boat/Book/etc) Store Aldi Specialty Food Shop UPS Alliance Shipping ... Courier Service Metro Appliances & More Home Appliance 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

Location Intelligence

Trade Area within ½ mile

1,001
Businesses Nearby

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

$13.3 /SF/Yr
Avg Asking Price
$3.03–$22.5 /SF/Yr
Price Range
15,305 SF
Avg Space Size

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - 14,850 SF retail space with shared dock access.
Where is this retail space located?
The property is located at 12309 Chenal Pkwy Little Rock, AR.
What are key features of this property?
This property features: Located at the intersection of Chenal Pkwy & W Markham St with 68,000+ VPD; Located next to a new ALDI grocery store; Immediate surrounding trade area includes large national retailers (Target, Home Depot, Walmart, etc.)
More about this property
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