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

Newly renovated retail center on a busy Little Rock intersection with a strong mix of national and regional tenants.

Space Size4,900 SF
Days on Market175

Property Features for 3901 S University Ave

General Information

Standard status Active
Size 4,900 SF
Property subtype RETAIL

Building Details

Tenancy Multi

Spaces For Lease

at 3901 S University Ave Contact us

Village Shopping Center

Floor
1
Size
4,900 SF
Type
RETAIL
Rate
Contact for pricing
Availability
AVAILABLE, Now
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: Feb 17 Changed: Aug 8 Last Checked: Aug 11 at 5:19AM

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 totals 153,508 SF and is positioned for tenants seeking a high-visibility retail environment. The center is located on the southeast corner of Asher Ave and University Ave and is adjacent to the University of Arkansas at Little Rock campus.

The tenant mix includes Sherwin Williams, Family Dollar Store, Citi Trends, Home Decor Outlets, Harbor Freight, DD’s Discounts, and Aaron’s. That variety supports a steady everyday retail draw for consumer-facing operations looking to benefit from a proven neighborhood shopping format.

Key Highlights

  • Newly renovated 153,508 SF retail 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 campus

Property Analytics

Current Use

dd's DISCOUNTS Clothing 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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  • Wood cabinets 7201 Colonel Glenn Rd, Little Rock, AR 72204

Frequently Asked Questions

What type of property is this?
Shopping center - Newly renovated retail center on a busy Little Rock intersection with a strong mix of national and regional tenants.
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 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 campus
(501) 244-7507 Call to check price and availability
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