15112 Chenal PkwyLittle Rock, AR 72211

Property Details for 15112 Chenal Pkwy

Year built

2019

Lot size

0.92 AC

Property size (Sq ft)

6,760 SF

Property type

Strip malls

Property subtype

Neighborhood centers

APN

44L-075-09-002-01

APU

44L0750900201

Description

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.

• CAP approach

  CAP return

  Valuation

  6%

  $1,617,319

  6.5%

  $1,492,910

  7%

  $1,386,274

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,218,528

  Geo Method

  $1,218,528

• Alternative Use

  Use

  Valuation

  Residential

  $1,259,325

  Hospitality

  $1,153,535

  Educational

  $959,728

  Medical

  $992,734

  Retail

  $1,492,910

Location Insight

City

Little Rock

County

Pulaski

State

Arkansas

Latitude

34.7566

Longitude

-92.4399

CBSA code

30780

CBSA name

LITTLE ROCK-NORTH LITTLE ROCK, AR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].