Property profile

10300 N Rodney Parham Rd Little Rock, AR 72227

FOR LEASE
Outlet malls
Property ID
US05-0152889
46,329 SF 7.21 ac lot Built 1972
Entity Owned 5-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional investment opportunity presents 12,795 square feet of vacant retail and office space within the thriving Colony West Shopping Center, located at 10300 N Rodney Parham Rd, Little Rock, AR 72227, in Pulaski County. The center boasts a total of 86,543 square feet and features a strong tenant mix, including established businesses such as Kroger and Hungry Howie's Pizza, ensuring high foot traffic and visibility. Available spaces range from a minimum of 1,190 square feet to a maximum contiguous space of 1,793 square feet, offering flexibility for various business needs. The property is categorized as both retail and executive office space, making it suitable for a diverse range of tenants. Multiple tenancy options are available, allowing for customization to suit individual requirements. This prime location in the Arkansas state capital provides excellent access to a large consumer base and a robust workforce. The property's strategic positioning within the Colony West Shopping Center offers significant advantages for businesses seeking high visibility and convenient access for customers. The available space presents a unique opportunity to establish or expand a business in a thriving retail environment. Contact us today to learn more about this exceptional opportunity.

Property profile

Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 1972
Total area 46,329 SF
Lot 7.21 ac (314,068 SF)
APN 43L-150-00-006-00
UPID US05-0152889

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Medical Clinic
  • Furniture & Home Goods Home Decor Store
  • Bank Credit Union
  • Electronics Vending Machine
  • Bank Credit Union

Location

10300 N Rodney Parham Rd Little Rock, AR 72227
Little Rock metro Census 2211 LITTLE ROCK-NORTH LITTLE ROCK, AR METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$8.29M
CAP Approach CAP
$7.99M
Comparable Approach Comparable
$5.56M
Blend (final) Blend
$9.07M

Owner & transaction history

since 2021
Last sale
$8.5M
7 recorded transactions
2021
$8.5M
2020
Price N/A
2020
Price N/A
2019
Price N/A
2016
$7.1M
2013
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Commercial (general) $8.6M +22.0%
Medical building $7.6M +7.6%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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