17711 Chenal PkwyLittle Rock, AR 72223

Property Details for 17711 Chenal Pkwy

Year built

2008

Lot size

20.84 AC

Property size (Sq ft)

23,792 SF

Property type

Retail properties

Property subtype

Community centers

APN

53L-036-02-009-00

APU

53L0360200900

Description

The Promenade at Chenal offers exceptional retail space in West Little Rock's vibrant Chenal Valley. This Class A, single-story center, built in 2008, boasts a striking French Gothic architectural style and an open-air design. With a total of 306,000 square feet across 14 suites, the property sits on 36.2 acres and is zoned C-2. The center enjoys excellent visibility and accessibility at the intersection of Chenal Parkway and Rahling Road in Pulaski County. Spaces range from a minimum of 1,340 square feet to a maximum contiguous space of 12,341 square feet, with eight currently available. The property features a diverse tenant mix including national retailers such as Apple, Urban Outfitters, Lululemon, Sephora, Lush, Anthropology, Athleta, HomeGoods, DSW, Sullivan's Steakhouse, and AMC Theatres, complemented by popular local favorites like Big Orange, Local Lime, and YaYa's. This unique center provides an unparalleled retail experience in Central Arkansas, offering high visibility, strong pedestrian and vehicular traffic, and beautiful landscaping. The property's strategic location and impressive tenant roster make it an exceptional investment opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $5,692,198

  6.5%

  $5,254,336

  7%

  $4,879,026

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,288,641

  Geo Method

  $4,288,641

• Alternative Use

  Use

  Valuation

  Residential

  $4,432,229

  Hospitality

  $4,059,898

  Educational

  $3,377,788

  Medical

  $3,493,955

  Retail

  $5,254,336

Location Insight

City

Little Rock

County

Pulaski

State

Arkansas

Latitude

34.7668

Longitude

-92.459

CBSA code

30780

CBSA name

LITTLE ROCK-NORTH LITTLE ROCK, AR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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