10815 Colonel Glenn Rd - Storefront FOR SALE


Little Rock, AR 72204
$6,500,000 USD
501-375-3200
10815 Colonel Glenn Rd, Little Rock, AR for Sale
$6,500,000 USD
Storefront - FOR SALE
1/8
null | 7% Cap Rate

10815 Colonel Glenn Rd
Little Rock, AR 72204


HIGHLIGHTS

  • UAMS on new 15-year lease term
  • 100% leased building (three tenants)
  • Located in high growth corridor
  • Easy access to I-430
  • Nearly 88,000 VPD on I-430

OVERVIEW

Kelley Commercial Partners is pleased to present The Shoppes at Colonel Glenn, an investment opportunity for investors looking to participate in a 1031 Exchange. This 17,899 square foot shopping center is situated on a 3.21-acre lot and is located at 10815 Colonel Glenn Road, which is conveniently located just off I-430. The property is 100 percent leased with the University of Arkansas for Medical Sciences (UAMS) occupying 83% of the square footage for a 15-year lease term. Situated in a rapidly expanding area of West Little Rock, the surrounding area features a mix of car dealerships, entertainment venues, and major shopping centers, which contribute to the high traffic volume in the area. With a prime location, the property is well-positioned to provide investors with a stable source of income and potential for long-term appreciation.

FOR SALE DETAILS

PRICE

$6,500,000 USD

PRICE/SF

$363 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Shoppes at Colonel Glenn

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2014

SPRINKLERS

-

PARKING SPACES

65

LAND DETAILS

LAND ACRES

3.21 AC

LAND SF

139,828 SF

ZONING

C

APN/PARCEL ID

44L-143-09-002-00

ASK ABOUT THIS PROPERTY

Drew LaningKelley Commercial PartnersMore Info
501-375-3200

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Drew LaningKelley Commercial PartnersMore Info
501-375-3200

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.