2820 Lakewood Village Dr North Little Rock, AR 72116
- Retail properties
- 7,815 SF
Current Use by Public Records
- TGI Fridays / Restaurant / American Restaurant
Property Details for 2820 Lakewood Village Dr
- Year built
- 1986
- Property size
- 7,815 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This exceptional 7,815-square-foot freestanding restaurant building, located at 2820 Lakewood Village Dr in North Little Rock, Arkansas, presents a unique investment opportunity. Classified as Class A, this single-tenant property boasts a prime location within the thriving Lakewood Village shopping center, a 365,000+ square foot lifestyle center. Built in 1986 and renovated in 2019, the building offers a spacious, one-story layout with no elevators. The property is situated in Pulaski County's McCain submarket, benefiting from high traffic volume on both McCain Boulevard (31,000 vehicles per day) and Highway 67 (87,000 vehicles per day). Lakewood Village enjoys exceptional visibility and accessibility, anchored by strong national and regional tenants including Esporta Fitness, Edwards Food Giant Grocery, ULTA, JOANN Fabrics, Black Bear Diner, Crumbl Cookie, Brewski's North Pub and Grill, Corky's BBQ, Olive Garden, and Oak Street Health. Data from April 2023 to April 2024 indicates over 3.6 million annual visits to Lakewood Village (pre-Edwards Food Giant opening). This property is ideally suited for a variety of restaurant concepts and offers significant potential for growth within a high-traffic, established retail environment. The zip code is 72116.
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
- -92.2316
- Latitude
- 34.7951
