11705 Kanis Rd 14.43 Acres of Commercial Land Offered at $7,677,560 CAD in Little Rock, AR 72211

The Property is located in the top office & hotel submarket on the west side of Little Rock with nearby major retailers that include Walmart, Sam’s Club and Lowes. The recent improvement of Kanis Rd east of Bowman Rd to 5 lanes was the key to making this property ready for a multi-lot or shopping center development.  Improvements are underway for the widening of a portion of Kanis Rd west of Bowman Rd to 3 lanes with turning lanes and the widening of a portion of Bowman Rd south of Kanis Rd.   Prior to the road improvements, most of Kanis Rd. was 2-lane with open ditches on each side.   We anticipate that all of these road improvements will cause an increase the traffic count on Kanis Rd at the Property and will elevate the Kanis/Bowman intersection to next prime retail node in the area. Its position in this area of high demand and lack of competitive comparable sites in the area makes this Property prime for a multi-lot or shopping center development with out parcels. Chenal Pkwy and Bowman Rd north of Kanis Rd are both fully developed with only one poorly-positioned site available that would accommodate a QSR, full serve restaurant or medical use and no space available for box or junior box retailers.