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    12309 Chenal Pkwy Little Rock, AR 72211

    For Lease
    $22 SF/Yr

    High-traffic storefront, ample parking

    Lot size:
    24,092 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 24,092 square foot Class A retail or office space, located at 12305 Chenal Parkway, Suite C, in Pulaski County, presents a unique investment opportunity. Built in 1998 and extensively renovated in 2018, the single-story building boasts an 18-foot ceiling height and is zoned C3. Currently configured as a salon featuring luxury vinyl tile (LVT) flooring and fresh paint, the open layout offers remarkable flexibility for a variety of uses. The property benefits from a prime location on a high-traffic corridor of Chenal Parkway, ensuring exceptional visibility and accessibility. A significant advantage is the large storefront and pylon signage area, ideal for maximizing brand exposure. Ample on-site parking is readily available for customers and employees. This property enjoys a strong tenant mix, sharing the center with established businesses such as Aldi's Grocery, Metro Appliances & More, Guitar Center, Men's Wearhouse, Trek Bicycles, Medic Sleep Care, The Cove Coffee & Yogurt, and Hollywood Feed, with additional tenants anticipated soon. The property taxes are $1.95 per square foot. Electricity is the power source. There are no elevators. The cross street is Markham Street. This is a multi-tenant property with one suite totaling 24,092 contiguous square feet. This location offers an unparalleled opportunity to establish a thriving business within a vibrant and successful commercial center.

    Property Features for 12309 Chenal Pkwy

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    24,092 SF
    Class
    A
    Total Rate
    44168.67

    Building Details

    Year Built/Renovated
    1998/2018
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    12305-Suite C
    Size
    1,018 SF
    Rate per SF
    $22

    HighLights

    • High‑visibility storefront with ample signage, including pylon signage.
    • Extensive on‑site parking.
    • Excellent visibility and high traffic counts on Chenal Parkway.
    • Strong tenant mix including national retailers like Aldi, Metro Appliances & More, and Guitar Center.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Staples Print & Marketing ... Copy Shop Aldi Supermarket UPS Alliance Shipping ... Shipping And Mailing Service Metro Appliances & More Appliance Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office 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
    -92.414850592456
    Latitude
    34.752029116853

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    FAQs

    What type of property is this?
    Individual retail property - High-traffic storefront, ample parking
    Where is this individual retail property located?
    The property is located at 12309 Chenal Pkwy Little Rock, AR.
    What is the lease rate?
    The lease rate is $22 SF/Yr.
    What are key features of this property?
    This property features: High-visibility storefront with ample signage, including pylon signage.; Extensive on-site parking.; Excellent visibility and high traffic counts on Chenal Parkway.
    Request Owner's contact information
    12309 Chenal Pkwy Little Rock, AR 72211
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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
    12309 Chenal Pkwy Little Rock, AR 72211
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