University Ave Little Rock, AR 72205
- Retail properties
- 500,000 SF
Current Use by Public Records
- Retail properties
Property Details for 0 University Ave
- Property size
- 500,000 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
The District at Midtown presents a unique opportunity for businesses seeking prime medical office space within a thriving mixed-use development. This 500,000 square foot property, located at the Northwest corner of Interstate 630 and South University Avenue in Pulaski County, offers a completely vacant space ready for immediate occupancy. The development is strategically positioned in the heart of Midtown's Retail and Medical Districts, benefiting from an exceptionally dense daytime population. Within a two-mile radius, the area boasts four major hospitals, over one million square feet of retail space, and an additional 500,000 square feet of existing medical office space, creating a robust and established medical hub. This location is further enhanced by its proximity to the University of Arkansas at Little Rock, Arkansas Children's Hospital, and Baptist Medical Center, ensuring high visibility and accessibility. The surrounding demographics reflect a highly educated and affluent population, with over 40% of households holding a bachelor's degree and average household incomes nearing $60,000. This makes The District at Midtown an ideal location for medical practices seeking to establish or expand their presence in a high-demand market. The property's substantial size and prime location offer unparalleled potential for growth and success. The entire 500,000 square feet is currently available for lease as a single, large space, presenting a rare opportunity for a significant tenant to establish a major presence in this dynamic area.
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
- Little Rock
- County
- Pulaski
- State
- Arkansas
- Longitude
- -92.3421
- Latitude
- 34.7469
