2851 Lakewood Village Dr North Little Rock, AR 72116
- Community centers
- 9,746 SF
- 23.09 lot acres
Current Use by Public Records
- Lakewood Village / Shopping Mall
- Ashley Company / Real Estate Agency
- Conservative Development Co. / Real Estate Developer
- Pike Avenue Development Inc / Real Estate Developer
Property Details for 2851 Lakewood Village Dr
- Year built
- 1988
- Lot size
- 23.09 lot acres
- Property size
- 9,746 SF
- Property type
- Community centers
- APN
- 23N-007-04-002-00
- APU
- 23N0070400200
Description
Lakewood Village Shopping Center, a prominent 357,641 square foot, single-story shopping center in North Little Rock's LR - North Little Rock submarket, presents a unique investment opportunity. Built in 2000, this multi-tenant property sits on 40.35 acres and offers ample parking via cross-access. Currently, 43,165 square feet of retail space is available, divisible into units ranging from 1,500 to 24,222 contiguous square feet. The center boasts a strong tenant mix 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. High traffic counts are a key feature, with McCain Boulevard seeing over 31,000 vehicles per day and Highway 67 exceeding 87,000 vehicles per day. Placer AI data from April 2023 to April 2024 (pre-Edwards Food Giant opening) indicated over 3.6 million annual visits. A 7,815 square foot former TGI Friday's space is available near the McCain Boulevard entrance, ideal for restaurant or retail use. Various sizes of office, retail, and restaurant spaces are available to suit diverse business needs.
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
- N Little Rock
- County
- Pulaski
- State
- Arkansas
- Longitude
- -92.2319
- Latitude
- 34.796
- CBSA code
- 30780
- CBSA name
- LITTLE ROCK-NORTH LITTLE ROCK, AR METROPOLITAN STATISTICAL AREA
