Retail Space at University
For Lease
$12 SF/Yr
3901 S University Ave, Little Rock, AR 72204
Retail spaces available in renovated Little Rock shopping center.
Space Size2,100 SF - 6,000 SF
Property Size153,508 SF
Lot Size0.82 Acres
Days on Market251
Property Features for 3901 S University Ave
General Information
Standard status
Active
Size
2,100 SF - 6,000 SF
Lot size
0.82 Acres
Property subtype
Retail
Lease Term
NNN; Ground
Building Details
Building Size
153,508 SF
Spaces For Lease
at 3901 S University Ave Contact usOutparcel Ground Lease
Term
Negotiable
Rate
Contact for pricing
Suite 24
Size
6,000 SF
Type
Neighborhood Center
Term
Negotiable
Rate
Contact for pricing
Suite 4
Size
4,900 SF
Type
Neighborhood Center
Term
Negotiable
Rate
Contact for pricing
Outparcel Building $12/SF/Yr
Size
2,100 SF
Term
Negotiable
Listing Agency:
Kelley Commercial Partners - Little Rock
Listed By:
Eric Varner · License #00075069
(501) 244-7507
Source:
Kelleycommercialpartners
Added: Jan 27
Changed: Oct 4
Last Checked: Oct 4 at 7:04AM
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.
Located at the southeast corner of Asher Avenue and University Avenue, this newly renovated 153,508 square foot shopping center is positioned at one of Little Rock's busiest intersections, adjacent to the University of Arkansas at Little Rock campus. Major tenants include Sherwin Williams, Family Dollar Store, Citi Trends, Harbor Freight, DD’s Discounts, and Aaron’s. Suite 24 offers approximately 6,000 square feet. An outparcel building provides approximately 2,100 square feet, and an outparcel ground lease is available on a 0.82-acre site. Starbucks is an upcoming addition to the center.
Key Highlights
- Located at a HIGH‑TRAFFIC INTERSECTION (Asher Ave and University Ave).
- Adjacent to the University of Arkansas at Little Rock campus.
- Part of a newly renovated 153,508 SF center.
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
722
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Little Rock, AR
$16.92 /SF/Yr
Avg Asking Price
$12–$30 /SF/Yr
Price Range
49,094 SF
Avg Space Size
This space is priced 29% below the average of $16.92 /SF/Yr.
Vacancy Rate% for Retail in South region
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Similar Off Market Nearby
- Wood cabinets — 7201 Colonel Glenn Rd, Little Rock, AR 72204
- The Village — 3901 S University Ave, Little Rock, AR 72204
- world beauty supply — 6420 Colonel Glenn Rd, Little Rock, AR 72204, United States
- Broadmoor Shopping Center — 2900-3100, S University Ave, Little Rock, AR 72204
Frequently Asked Questions
What type of property is this?
Shopping center - Retail spaces available in renovated Little Rock shopping center.
Where is this shopping center located?
The property is located at 3901 S University Ave Little Rock, AR.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: Located at a HIGH‑TRAFFIC INTERSECTION (Asher Ave and University Ave).; Adjacent to the University of Arkansas at Little Rock campus.; Part of a newly renovated 153,508 SF center.
