Retail Space with Display
3422 John F Kennedy Boulevard, North Little Rock, AR 72116
For Sale
$570,000
Commercial / Industrial, Traditional, North Little Rock, AR
Property Size5,200 SF
Lot Size0.18 Acres
Price / SF$109.62
Days on Market298
Property Features for 3422 John F Kennedy Boulevard
General Information
Property type
Property subtype
Zoning description
Parking
Interior features
Exterior features
Subdivision
Lot features
Directions
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Building Details
Year built
Floors in Building
Flooring type
Roof type
Architectural style
Listing Agency:
Paragon Group Realty
Listed By:
Bruce Schratz Jr.
(901) 359-8472
Added: Jan 16
Changed: Oct 8
Last Checked: Nov 9 at 4:06AM
MLS# 26002348
Copyright © 2026 Cooperative Arkansas Realtors Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 5,200-square-foot retail property was built in 1960 and occupies a 0.18-acre site. The building includes display windows, concrete flooring, a burglar alarm, composition roofing, and an exterior pole sign. Existing signage conveys with the property.
Positioned at the intersection of John F Kennedy Boulevard and East E Avenue in Park Hill, the property is in North Little Rock. Fourteen dedicated parking spaces are located along the north side of the building. The property is currently 50% occupied by leasehold tenants, providing an existing occupancy profile for an owner-user or retail-focused purchaser.
Its configuration supports retail operations as well as quiet office use, with visible storefront elements and on-site parking already in place.
Positioned at the intersection of John F Kennedy Boulevard and East E Avenue in Park Hill, the property is in North Little Rock. Fourteen dedicated parking spaces are located along the north side of the building. The property is currently 50% occupied by leasehold tenants, providing an existing occupancy profile for an owner-user or retail-focused purchaser.
Its configuration supports retail operations as well as quiet office use, with visible storefront elements and on-site parking already in place.
Key Highlights
- 5,200‑square‑foot retail property on a 0.18‑acre site
- Located at John F Kennedy Boulevard and East E Avenue in Park Hill
- 14 dedicated parking spaces on the north side of the property
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$47,988
Cap Rate
8.42%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$959,760
$959.8K
Cap Rate 7%
$685,543
$685.5K
Cap Rate 9%
$533,200
$533.2K
Market Conditions
NOI Build-Up for 5,200 SF
Gross rent
$73.0K $14.04/SF
− Vacancy
−$4.5K −$0.86/SF
EGI
$68.6K $13.18/SF
− OpEx
−$20.6K −$3.96/SF
NOI
$48.0K $9.23/SF
Area
Pulaski County, AR
Vacancy
6.10%
Lease Rate
$14.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$959,760
Cap Rate 7%
$685,543
Cap Rate 9%
$533,200
Alternative Uses
Best Use
Retail
$685.5K
$599.9K – $799.8K
NOI $47,988 @ 7.0% cap · market cap 8.42%
Second Best
Office B
$621.3K
$543.6K – $724.8K
NOI $43,489 @ 7.0% cap · market cap 7.63%
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.
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Current Use
Lease Details
50%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
480
Businesses Nearby
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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
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Market
Properties on Market for Retail space in North Little Rock
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Retail space - Display windows, pole signage, and dedicated parking support retail or quiet office use.
Where is this retail space located?
The property is located at 3422 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‑square‑foot retail property on a 0.18‑acre site; Located at John F Kennedy Boulevard and East E Avenue in Park Hill; 14 dedicated parking spaces on the north side of the property
