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    FOR LEASE
    Strip malls

    115 Audubon Dr, Maumelle, AR 72113

    34,418 SF 4 ac lot Built 2001
    Entity Owned 6-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US05-0020128
    Property summary
    AI-generated overview

    This exceptional retail opportunity presents 34,418 square feet of prime commercial space within the thriving Maumelle Town Center, situated at the high-traffic intersection of Maumelle Boulevard and Audubon Drive in Pulaski County, Arkansas. The property is a multi-tenant strip center offering flexible spaces, ideal for a variety of retail businesses. Currently, there are three available spaces ranging from a minimum of 858 square feet to a maximum contiguous space of 1,600 square feet, totaling 4,033 square feet of vacant space. The center's location in the Maumelle Mayflower submarket ensures high visibility and accessibility for potential customers. This is an excellent chance to establish or expand your business in a bustling community with strong demographics. The property's address is 115 Audubon Drive, Maumelle, AR 72113. The building's size and layout provide ample opportunity for customization to suit individual business needs. This is a rare opportunity to secure a prominent retail presence in a rapidly growing area. Don't miss out on this chance to become part of the vibrant Maumelle Town Center. Contact us today to learn more about leasing options and availability.

    Property profile
    Verified
    Property type Strip malls
    Use group SHOPPING CENTER, STRIP CENTER
    Year built 2001
    Total area 34,418 SF
    Lot 4 ac (174,240 SF)
    APN 42M-026-01-003-02
    UPID US05-0020128
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • SERC Physical Therapy Medical Clinic
    • Maumelle Area Chamber of Commerce Business Service Center Advocacy Group
    • Martin Pools (Bike/Boat/Book/etc) Store Hardware & Home Improvement
    • Overtime Lounge Restaurant
    • Melody’s Skincare Alternative Medicine Practice Spa & Massage Center
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $3.32M
    Blend (final) Blend
    $3.22M
    Owner & transaction history
    12m Commercial Properties LLC · 6 yrs held
    12m Commercial Properties LLC
    since 2019
    7 recorded transactions
    2019
    $3.2M
    2008
    2008
    2005
    $3.9M
    2005
    $3.9M
    1969
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Retail stores $3.4M +25.4%
    Commercial (general) $3.1M +13.8%
    Auto repair, garage $3.0M +11.6%
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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