3812 John F Kennedy Blvd North Little Rock, AR 72116
- Lifestyle centers
- 31,588 SF
Current Use by Public Records
- North Bar / Bar & Grill
Property Details for 3812 John F Kennedy Blvd
- Year built
- 1955
- Property size
- 31,588 SF
- Property type
- Lifestyle centers
- Property subtype
- Power centers
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- North Little Rock
- County
- Pulaski
- State
- Arkansas
- Longitude
- -92.2602
- Latitude
- 34.7908
