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    FOR LEASE
    Strip malls

    15112 Chenal Pkwy, Little Rock, AR 72211

    6,760 SF 0.92 ac lot Built 2019
    Entity Owned 7-yr Hold ~ Est. High Equity
    Property ID
    US05-1065405
    Property summary
    AI-generated overview

    This exceptional commercial property, Chenal Park Centre II, offers a unique opportunity in Little Rock's thriving Chenal submarket. Located at 15112 Chenal Parkway, zip code 72211, this Class A building boasts 6,705 square feet across three buildings, with a total of 48 parking spaces. The property sits on a 0.92-acre lot and features a mix of medical, traditional, and executive office spaces, as well as storefront options. Currently, there are five suites available, with a vacant space of 2,586 square feet, representing a significant portion of the building. The minimum divisible space is 986 square feet, while the maximum contiguous space available is 2,586 square feet. A highly desirable feature is the availability of a 1600 square foot drive-thru space, perfect for a variety of retail or service businesses. Built in 2020, this single-story building is zoned C-2, providing flexibility for various commercial uses. The property's location within the bustling Chenal area ensures high visibility and accessibility, making it an ideal investment for businesses seeking a prime location in Little Rock, Arkansas. The building's modern design and ample parking further enhance its appeal. This is a rare opportunity to secure a prominent space in a highly sought-after location.

    Property profile
    Verified
    Property type Strip malls
    Use group SHOPPING CENTER, STRIP CENTER
    Year built 2019
    Total area 6,760 SF
    Lot 0.92 ac (40,075 SF)
    APN 44L-075-09-002-01
    UPID US05-1065405
    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
    • Milan Laser Hair Removal Skin Care Clinic
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $750k
    Owner & transaction history
    Llej Ix LLC · 7 yrs held
    Llej Ix LLC
    since 2019
    3 recorded transactions
    2020
    2019
    $1.2M
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Medical building $1.1M +25.8%
    Retail stores $1.0M +16.9%
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    More about this property
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