Multi-Tenant Mixed-Use
For Sale
Contact for pricing
3420 John F Kennedy Boulevard, North Little Rock, AR 72116
Retail and office space occupies a visible commercial corridor with established surrounding retail and residential demand.
Property Size5,200 SF
Price / SF$109.62
Days on Market63
Property Features for 3420 John F Kennedy Boulevard
General Information
Standard status
Active
Size
5,200 SF
Total Parking Spaces
14
Property subtype
Retail, Office
Zoning
CPH
Site & Location
Frontage
80 ft
Pylon Signage
Yes
Traffic Count
31,000 vehicles/day
Highway Access
Yes
Road Access
Yes
Building Details
Year Built
1960
Tenancy
Multi
Listing Agency:
Moses Tucker Partners
Listed By:
Fletcher Hanson · License #PB00042821-D02
(501) 376-6555
Source:
Crexi
Added: Aug 18
Changed: Oct 10
Last Checked: Oct 16 at 7:46AM
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 Moses Tucker Partners
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 1960, this 5,200-square-foot mixed-use property combines retail and office space in a multi-tenant configuration. The building offers approximately 80 feet of unobstructed frontage along John F Kennedy Boulevard, complemented by existing pole signage. CPH zoning is identified for the property.
The site is positioned in North Little Rock’s Historic Park Hill District and near North Park Mall, whose listed tenants include Dollar General, Planet Fitness, Hallmark, and Hobby Lobby. Additional nearby businesses include 7 Brew Coffee, Walgreens, Hardee’s, Papa John’s Pizza, and Shipley Do-Nuts, all identified as less than one mile away. Downtown North Little Rock is approximately 2.5 miles away, while Downtown Little Rock is approximately 3.5 miles away. Regional connections include Interstates 30, 40, and 430.
The site is positioned in North Little Rock’s Historic Park Hill District and near North Park Mall, whose listed tenants include Dollar General, Planet Fitness, Hallmark, and Hobby Lobby. Additional nearby businesses include 7 Brew Coffee, Walgreens, Hardee’s, Papa John’s Pizza, and Shipley Do-Nuts, all identified as less than one mile away. Downtown North Little Rock is approximately 2.5 miles away, while Downtown Little Rock is approximately 3.5 miles away. Regional connections include Interstates 30, 40, and 430.
Key Highlights
- 5,200 SF mixed‑use building with retail and office space
- Approximately 80 feet of unobstructed frontage along John F Kennedy Boulevard
- 31,000 VPD reported along the commercial corridor
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$48,438
Cap Rate
8.50%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$968,760
$968.8K
Cap Rate 7%
$691,971
$692.0K
Cap Rate 9%
$538,200
$538.2K
Market Conditions
NOI Build-Up for 5,200 SF
Gross rent
$84.2K $16.20/SF
− Vacancy
−$6.7K −$1.30/SF
EGI
$77.5K $14.90/SF
− OpEx
−$29.1K −$5.59/SF
NOI
$48.4K $9.32/SF
Area
Pulaski County, AR
Vacancy
8.00%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$968,760
Cap Rate 7%
$691,971
Cap Rate 9%
$538,200
Alternative Uses
Best Use
Mixed Use
$692.0K
$605.5K – $807.3K
NOI $48,438 @ 7.0% cap · market cap 8.50%
Second Best
Retail
$685.5K
$599.9K – $799.8K
NOI $47,988 @ 7.0% cap · market cap 8.42%
Theoretical Best
Specialty Retail
$991.9K
$867.9K – $1.16M
NOI $69,433 @ 7.0% cap · market cap 12.18%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
31,000 VPD
Traffic count
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
480
Businesses Nearby
Explore this area
Business Placement
Demographics for 72116, AR
21,715
Population
10,556
Households
2.1
Avg Household Size
42
Median Age
42%
College-Educated
97%
High-School Grad
6.5 sq mi
ZIP Area
3,341
Density / Sq Mi
$75,490
Median Household Income
$46,256
Median Earnings
$1,058
Median Rent
$218,700
Median Home Value
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Retail and office space occupies a visible commercial corridor with established surrounding retail and residential demand.
Where is this mixed-use property located?
The property is located at 3420 John F Kennedy Boulevard North Little Rock, AR.
What is the asking price?
The asking price for this property is $570,000.
What are key features of this property?
This property features: 5,200 SF mixed‑use building with retail and office space; Approximately 80 feet of unobstructed frontage along John F Kennedy Boulevard; 31,000 VPD reported along the commercial corridor
