3901 S University Ave, Little Rock, AR 72204
For Lease
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The Village Shopping Center, located at 3901 S University Ave in Little Rock, Arkansas (zip code 72204), offers a unique opportunity for businesses seeking flexible retail, industrial, or restaurant space. This multi-tenant property boasts a total of 153,508 square feet across three suites, situated on a 0.82-acre lot in Pulaski County. Currently, 8,100 square feet of space is available for lease. The minimum leasable space is 2,100 square feet, with a maximum contiguous space of 6,000 square feet. The property's flexible design caters to a variety of business needs. Its convenient location near the University of Arkansas at Little Rock (UALR) provides excellent visibility and accessibility. In addition to the main building, there is also a ±6,000 square foot outparcel building available, and a ±2,100 square foot outparcel is also available for ground lease. This presents a compelling opportunity for businesses seeking a prominent location in a thriving Little Rock area. The property's diverse space options and strategic location make it an ideal choice for businesses seeking growth and expansion. Interested parties should inquire about lease terms and availability.
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dd's DISCOUNTS Clothing Store Department Store
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Kontiki African Restaurant Restaurant
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KRAFTASTIC KREATIONS (Bike/Boat/Book/etc) Store
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Amazon Counter - Express Wireless Courier Service Postal Service
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The Hair Trap Hair Salon
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.