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    FOR LEASE
    Commercial real estate

    12309 Chenal Pkwy, Little Rock, AR 72211

    62,655 SF 8.31 ac lot Built 2001
    Entity Owned Absentee Owner ~ Est. High Equity
    Property ID
    US05-0267418
    Property summary
    AI-generated overview

    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 profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Year built 2001
    Total area 62,655 SF
    Lot 8.31 ac (361,984 SF)
    APN 44L-071-20-004-00
    UPID US05-0267418
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Staples Print & Marketing Services (Bike/Boat/Book/etc) Store Printing Service
    • Aldi Specialty Food Shop Supermarket
    • UPS Alliance Shipping Partner Courier Service Postal Service
    • Metro Appliances & More Home Appliance Store Hardware & Home Improvement
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    $9.58M
    Comparable Approach Comparable
    $8.67M
    Blend (final) Blend
    $9.14M
    Owner & transaction history
    CHENAL PLACE PROPERTIES LLC
    CHENAL PLACE PROPERTIES LLC
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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