Property profile

17701 Chenal Pkwy Little Rock, AR 72223

OFF-MARKET
Super regional malls
Property ID
US05-1706576
3,782 SF 1.46 ac lot Built 2016
Entity Owned 4-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 7,494 square foot retail property, located at 17701 Chenal Parkway in Little Rock, Arkansas, presents a prime leasing opportunity. The single-story building, constructed in 2008, sits on a 1.47-acre lot and boasts a prominent location with frontage on Chenal Parkway. Its strategic placement next to the Promenade at Chenal ensures high visibility and significant foot traffic. The property is a multi-tenant strip retail center, currently featuring two suites. A substantial 3,708 square feet of in-line retail space is immediately available for lease. This space offers excellent potential for a variety of retail businesses. The entire building encompasses 7,494 square feet, providing ample space for multiple tenants. The lease rate for the available suite is $32 per square foot, with a triple net lease structure. Pulaski County is the location, and the property's address is 17701 Chenal Pkwy, Little Rock, AR 72223. This is a rare opportunity to secure a high-profile retail space in a thriving Little Rock commercial area. The property's convenient location and ample space make it an ideal choice for businesses seeking strong visibility and accessibility.

Property profile

Verified
Property type Super regional malls
Use group REGIONAL SHOPPING CENTER, MALL
Year built 2016
Total area 3,782 SF
Lot 1.46 ac (63,598 SF)
APN 53L-036-02-003-00
UPID US05-1706576

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
  • Restaurant
  • Real Estate Agency

Location

17701 Chenal Pkwy Little Rock, AR 72223-5805
Little Rock metro Census 4213 LITTLE ROCK-NORTH LITTLE ROCK, AR METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.27M
CAP Approach CAP
by Request
Comparable Approach Comparable
$811k
Blend (final) Blend
$1.30M

Owner & transaction history

since 2022
Last sale
$1.3M
3 recorded transactions
2022
$1.3M
2017
$4.0M
2015
$925,000

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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