301 Bowman Rd Little Rock, AR 72211
- Strip malls
- 29,038 SF
- 2.33 lot acres
Current Use by Public Records
- West Little Rock Physical Therapy / Physical Therapist
- Salon Savvy / Beauty Salon / Hair Salon
- Smart choice insurance AR / Insurance Agency
- Game X Change / Video Game Store
- Mei spa / Massage Therapist / Reflexologist
Property Details for 301 Bowman Rd
- Year built
- 1997
- Lot size
- 2.33 lot acres
- Property size
- 29,038 SF
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- 44L-067-00-002-01
- APU
- 44L0670000201
Description
This exceptional retail opportunity is located at 301-303 S Bowman Road, Little Rock, Arkansas, 72211. The property, a Class B, two-story shopping center, boasts a total of 33,805 square feet and offers multiple suites for lease. Currently, 7,901 square feet of contiguous space is available, ideal for a variety of retail uses. The minimum divisible space is 1,681 square feet, providing flexibility for smaller tenants. The building underwent renovations in 2017 and features high ceilings, a significant advantage for many retail businesses. Ample parking is provided with 125 spaces available for customers and employees. The available space was previously occupied by Tuesday Morning and is situated on the lower level of the center. The property's location in Little Rock, Arkansas offers excellent access to a substantial customer base. This is a prime opportunity for businesses seeking a well-maintained, conveniently located retail space in a thriving market. The property consists of four total suites. This versatile space presents a unique chance to establish or expand a retail presence in a desirable area. The building's size and layout offer significant potential for a variety of retail concepts.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $820,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $880,000
- 6.5%
- $890,000
- 7%
- $750,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $705,000
- Geo Method
- $890,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $840,000
- Retail
- $645,000
- Mixed-Use
- $615,000
- Hospitality
- $775,000
- Educational
- $830,000
- Residential Income
- $685,000
- Energy
- $685,000
- Income-Based Land
- $830,000
- Food Service
- $845,000
Location Insight
- Map
- Local Demand
- City
- Little Rock
- County
- Pulaski
- State
- Arkansas
- Longitude
- -92.4066
- Latitude
- 34.7521
- CBSA code
- 30780
- CBSA name
- LITTLE ROCK-NORTH LITTLE ROCK, AR METROPOLITAN STATISTICAL AREA
