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    3901 University Ave Little Rock, AR 72204

    For Lease
    $12 SF/Yr

    Prime Little Rock retail/flex space available.

    Lot size:
    153,508 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    The Village Shopping Center, located at 3901 S University Ave in Little Rock, Arkansas (zip code 72204), offers a unique opportunity for businesses seeking flexible retail, industrial, or restaurant space. This multi-tenant property boasts a total of 153,508 square feet across three suites, situated on a 0.82-acre lot in Pulaski County. Currently, 8,100 square feet of space is available for lease. The minimum leasable space is 2,100 square feet, with a maximum contiguous space of 6,000 square feet. The property's flexible design caters to a variety of business needs. Its convenient location near the University of Arkansas at Little Rock (UALR) provides excellent visibility and accessibility. In addition to the main building, there is also a ±6,000 square foot outparcel building available, and a ±2,100 square foot outparcel is also available for ground lease. This presents a compelling opportunity for businesses seeking a prominent location in a thriving Little Rock area. The property's diverse space options and strategic location make it an ideal choice for businesses seeking growth and expansion. Interested parties should inquire about lease terms and availability.

    Property Features for 3901 University Ave

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    153,508 SF
    Total Rate
    153508

    Unit(s) available at that property

    Space
    Suite 24
    Size
    6,000 SF
    Space
    Outparcel Building
    Size
    2,100 SF
    Rate per SF
    $12
    Space
    Outparcel Ground Lease
    Size
    0 SF

    HighLights

    • 153,508 SF newly renovated shopping center.
    • Adjacent to the University of Arkansas at Little Rock.
    • Strong tenant mix including Sherwin Williams, Family Dollar, Citi Trends, Harbor Freight, DD's Discounts, Aaron's, and a soon‑to‑open Starbucks.
    • High‑traffic location at the southeast corner of Asher Ave and University Ave.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    dd's DISCOUNTS Clothing Store Kontiki African Restaurant African Restaurant KRAFTASTIC KREATIONS Craft Store Amazon Counter - Express ... Shipping And Mailing Service The Hair Trap Hair Salon

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Little Rock
    County
    Pulaski
    State
    Arkansas
    Longitude
    -92.3410322
    Latitude
    34.7154629

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    FAQs

    What type of property is this?
    Neighborhood center - Prime Little Rock retail/flex space available.
    Where is this neighborhood center located?
    The property is located at 3901 University Ave Little Rock, AR.
    What is the lease rate?
    The lease rate is $0.00-$12 SF/Yr.
    What are key features of this property?
    This property features: 153,508 SF newly renovated shopping center.; Adjacent to the University of Arkansas at Little Rock.; Strong tenant mix including Sherwin Williams, Family Dollar, Citi Trends, Harbor Freight, DD's Discounts, Aaron's, and a soon-to-open Starbucks.
    Request Owner's contact information
    3901 University Ave Little Rock, AR 72204
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    Little Rock, AR 72204
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3901 University Ave Little Rock, AR 72204
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