Property summary
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
VerifiedCap rate & NOI
Current use
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Bar & Pub Restaurant
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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