Property profile

3812 John F Kennedy Blvd North Little Rock, AR 72116

OFF-MARKET
Lifestyle centers
31,588 SF Built 1955
Saved · see the list in your Dashboard

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

Current use

Occupant on record · Public records
  • Bar & Pub Restaurant

Location

3812 John F Kennedy Blvd North Little Rock, AR 72116
North Little Rock metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 3812 John F Kennedy Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message