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    OFF-MARKET
    Lifestyle centers

    3812 John F Kennedy Blvd, North Little Rock, AR 72116

    31,588 SF Built 1955
    Property ID
    Property summary
    AI-generated overview

    Lake Hill Shopping Center offers a unique retail investment opportunity in North Little Rock's vibrant Park Hill neighborhood. This established shopping center, situated on a 4.59-acre lot, comprises two single-story buildings totaling 31,588 square feet, built in 1955. Currently, one 1,110 square foot retail suite is available for lease at a competitive rate of $14.00 per square foot, with common area maintenance (CAM) charges of $1.60 per square foot. The center enjoys a highly visible location along John F. Kennedy Boulevard, a major thoroughfare with an estimated daily traffic count of 28,000 vehicles. This prime location benefits from a dense population, boasting over 10,000 residents within a one-mile radius and an average household income exceeding $100,000. Adding to its appeal, an outparcel is available for ground lease or build-to-suit development, presenting further expansion possibilities. This property provides exceptional visibility and access to a strong consumer base, making it an ideal location for businesses seeking to thrive in a thriving community. The property's history and established presence in the Park Hill neighborhood offer a unique opportunity for businesses looking to establish a strong foothold in this desirable area of North Little Rock.

    Property profile
    Verified
    Property type Lifestyle centers
    Year built 1955
    Total area 31,588 SF
    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
    • North Bar Bar & Pub Restaurant
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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