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Newly Renovated Retail Shopping Center
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3901 S University Ave, Little Rock, AR 72204

Newly renovated retail shopping center on the southeast corner of Asher Ave and University Ave near UALR.

Space SizeContact for details
Lot Size0.82 Acres
Days on Market2153

Property Features for 3901 S University Ave

General Information

Standard status Active
Lot size 0.82 Acres
Property subtype LAND

Building Details

Tenancy Multi

Spaces For Lease

at 3901 S University Ave Contact us

Village Shopping Center - Outparcel

Type
LAND
Rate
Contact for pricing
Availability
AVAILABLE, COE
Sublease
No
• Newly renovated 153,508 SF center • Located at the southeast corner of Asher...
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Listing Agency: Kelley Commercial Partners - Little Rock
Listed By: Eric Varner · License #00075069
Source: Moodyscre
Added: Sep 20, 2020 Changed: Aug 8 Last Checked: Aug 12 at 9:01AM

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 Kelley Commercial Partners - Little Rock

Investment Insights

Based on property information with market context.

This newly renovated retail shopping center offers a total of 153,508 square feet and is positioned for active retail use. The property is anchored by major established tenants including Sherwin Williams, Family Dollar Store, Citi Trends, Home Decor Outlets, Salvation Army, and Aaron’s.

The center sits on the southeast corner of Asher Ave and University Ave, at one of Little Rock’s busiest intersections. It is also adjacent to the University of Arkansas at Little Rock campus.

Additional leasing demand is reflected by the announcement that Starbucks is coming soon.

Key Highlights

  • Newly renovated 153,508 SF retail shopping center
  • Located at the southeast corner of Asher Ave and University Ave in one of Little Rock’s busiest intersections
  • Adjacent to the University of Arkansas at Little Rock (UALR) campus

Property Analytics

Current Use

dd's DISCOUNTS Home Goods Store Kontiki African Restaurant Restaurant KRAFTASTIC KREATIONS (Bike/Boat/Book/etc) Store Amazon Counter - Express ... Courier Service The Hair Trap Hair Salon

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Electrical Service Skin Care Clinic Accounting Firm

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

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

2,070
Businesses Nearby
Well-served
Demand for This Use

Demographics for 72204, AR

31,564
Population
14,570
Households
2.2
Avg Household Size
37
Median Age
22%
College-Educated
89%
High-School Grad
15.2 sq mi
ZIP Area
2,077
Density / Sq Mi
$39,088
Median Household Income
$29,733
Median Earnings
$1,016
Median Rent
$117,600
Median Home Value

Market

Lease Benchmarks for Little Rock, AR

$18.21 /SF/Yr
Avg Asking Price
$11–$45 /SF/Yr
Price Range
34,380 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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Similar Off Market Nearby

  • The Village 3901 S University Ave, Little Rock, AR 72204
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  • Broadmoor Shopping Center 2900-3100, S University Ave, Little Rock, AR 72204
  • Wood cabinets 7201 Colonel Glenn Rd, Little Rock, AR 72204

Frequently Asked Questions

What type of property is this?
Shopping center - Newly renovated retail shopping center on the southeast corner of Asher Ave and University Ave near UALR.
Where is this shopping center located?
The property is located at 3901 S University Ave Little Rock, AR.
What are key features of this property?
This property features: Newly renovated 153,508 SF retail shopping center; Located at the southeast corner of Asher Ave and University Ave in one of Little Rock’s busiest intersections; Adjacent to the University of Arkansas at Little Rock (UALR) campus
(501) 244-7507 Call to check price and availability
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