3500 University AveLittle Rock, AR 72204

Property Details for 3500 University Ave

Year built

1960

Lot size

0.99 AC

Property size (Sq ft)

7,544 SF

Property type

Office buildings

APN

44L-117-01-003-00

APU

44L1170100300

Description

Town & Country Shopping Center, located at 3500-3708 South University Avenue in Little Rock, Arkansas (zip code 72204), offers exceptional retail leasing opportunities. This prime location boasts high visibility, with an estimated 22,000 vehicles passing daily, ensuring significant exposure for your business. The center features multiple available spaces, ranging in size from a minimum of 1,293 square feet to a maximum contiguous space of 3,427 square feet. Larger spaces up to 3,899 square feet may be available by combining units. The property is ideally situated near the University of Arkansas at Little Rock, providing access to a large student population and a diverse residential community. The current asking rate is $10 per square foot, triple net (NNN). This established shopping center offers a strong mix of existing tenants, creating a vibrant and attractive environment for new businesses. The property's strategic location and high traffic count make it an excellent investment for retailers seeking a prominent presence in the Little Rock market. Contact us today to learn more about available spaces and lease terms.

• CAP approach

  CAP return

  Valuation

  6%

  $1,199,129

  6.5%

  $1,106,889

  7%

  $1,027,825

• Comparable approach

  Method

  Valuation

  Relative Method

  $539,622

  Geo Method

  $539,622

• Alternative Use

  Use

  Valuation

  Residential

  $1,372,542

  Hospitality

  $1,257,241

  Educational

  $1,046,010

  Medical

  $1,081,984

  Retail

  $1,627,126

Location Insight

City

Little Rock

County

Pulaski

State

Arkansas

Latitude

34.7202

Longitude

-92.3433

CBSA code

30780

CBSA name

LITTLE ROCK-NORTH LITTLE ROCK, AR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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