Commercial Real Estate Arkansas

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EXCLUSIVE LISTING

2 Multi-Tenant Retail Centers 

AVAILABLE AS A PORTFOLIO

in Arkansas

INVESTMENT HIGHLIGHTS

Shoppes at Colonel Glenn - Little Rock, AR

PRICE: $7,541,000 | CAP RATE: 7.00%

Click to Access CA & OM
  • 100% occupied four tenant retail center | 7% of GLA occupied by University of Arkansas for Medical Sciences Ortho Clinic | Other tenants including Domino's, State Farm and AR Donuts with a drive-thru
  • Rental increases throughout the NNN leases and options for all tenants
  • Located at the hard corner intersection of Colonel Glenn Road and Colonel Glenn Centre Drive (16,000 VPD) | Direct on/off ramp access just west of site via Interstate 430 (80,000 VPD), a commuter route to and from Little Rock

  • Immediately surrounding properties including Tractor Supply Co., Wendy's, Iberia Bank, Holiday Inn Express & Suites and Lumber 1 Home Center 

  • Close proximity to Little Rock Auto Malls, the premier auto dealership destination for Little Rock along with third realm entertainment | Significant driver of traffic to the trade area

  • Supported by 135,000 residents (AHHI $66,000) and 130,000 employees in the 5-mile trade area

Shoppes at Fountain Plaza - Bentonville, AR

PRICE: $6,816,000 | CAP RATE: 6.50%

Click to Access CA & OM
  • Retail center occupied by 6 tenants | 91% occupancy | Tenants including Sola Salon, Sprint, Taziki's Mediterranean Cafe and Ankle & Foot Centers of America
  • All tenants operating on NNN leases | 86% of current tenant lineup with rental increases
  • Situated near the signalized, hard corner intersection of SE. Walton Boulevard and SE. Dodson Road (35,000 VPD)
  • Headquarters of Walmart | The world's largest retailer | 20 buildings along Walton Boulevard and employs approximately 18,600 workers in Bentonville
  • Located 10 miles from Northwest Arkansas Regional Airport | Nearly 40 flights per day to 15 destinations
  • Nearby national/credit tenants including Christian Brothers Automotive, Jimmy John's, McAlister's Deli, T-Mobile and more

  • Supported by 85,000 residents (AHHI $85,000) and 78,000 employees in the 5-mile trade area

 

EXCLUSIVELY MARKETED BY

Matthew Mousavi

Managing Principal,
SRS Investment Properties Group

 

matthew.mousavi@srsre.com

DL: 949.698.1116 | M: 714.404.8849

CA License #01732226

Patrick R. Luther, CCIM

Managing Principal,

SRS Investment Properties Group

 

patrick.luther@srsre.com

DL: 949.698.1115 | M: 480.221.4221

CA License #01209944

Broker of Record: Jeff Kemp | AR License No. PB00053950

SRSRE.COM  |  LINKEDIN  |  TWITTER  |  FACEBOOK

 

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