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    Property profile & analytics
    FOR LEASE
    Community centers

    12800 Chenal Pkwy, Little Rock, AR 72211

    27,718 SF 4.06 ac lot Built 2001
    Entity Owned 7-yr Hold Absentee Owner Free & Clear
    Property ID
    US05-0024504
    Property summary
    AI-generated overview

    This exceptional retail space, located at 12800 Chenal Parkway in Little Rock, Arkansas, offers ±834 to ±2,503 square feet of prime commercial real estate within the highly sought-after Chenal Creek Shopping Center. The property boasts a total building size of 27,111 square feet and is situated in Pulaski County, zip code 72211. This is a multi-tenant property categorized as a restaurant and strip center, presenting a unique opportunity for businesses seeking high visibility and strong foot traffic. The center enjoys an outstanding location in the heart of the Chenal retail corridor, providing excellent visibility and accessibility. This Class A space is surrounded by a diverse mix of national retailers, restaurants, Class A office buildings, and hotels, ensuring a robust customer base and strong brand synergy. The property benefits from a tight supply of comparable Class A space in the trade area, making this a rare and valuable opportunity. Current co-tenants include well-established businesses such as Cinnaholic, Rock N Roll Sushi, Tazikis, and Jos A. Banks, further enhancing the desirability and appeal of this location. The property is ideal for a variety of retail concepts seeking a prominent presence in a thriving commercial district. Contact us today to learn more about this exceptional opportunity.

    Property profile
    Verified
    Property type Community centers
    Use group MINI-MALL
    Year built 2001
    Total area 27,718 SF
    Lot 4.06 ac (176,854 SF)
    APN 44L-071-18-002-00
    UPID US05-0024504
    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
    • Mathnasium Tutoring Service
    • Taziki's Mediterranean Cafe - Chenal Creek Restaurant
    • Picture Perfect Imaging Little Rock Medical Clinic
    • Jos A. Bank Clothing & Fashion Store
    • Beltone Hearing Aid Service Hearing Aid Store Deaf Service
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $3.28M
    Owner & transaction history
    Ch Retail Fund Il Of Little Rock · 7 yrs held
    Ch Retail Fund Il Of Little Rock
    since 2019
    7 recorded transactions
    2023
    2019
    $10.8M
    2015
    $9.0M
    2015
    2009
    2007
    2007
    $1.0M
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Commercial (general) $5.2M +42.6%
    Medical building $4.6M +25.8%
    Retail stores $4.2M +16.9%
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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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