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Dark Kohl's 13909 Chenal Pky 88,248 SF Retail Building Little Rock, AR 72211 $9,800,627 CAD ($111.06 CAD/SF)

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Investment Highlights

10 Months Of Lease Remaining | Owner/User or Redevelopment Opportunity | NNN Lease | Low $7/SF/Yr Rent
Fronting Chenal Parkway (44k VPD) | Close Proximity to Major Retail Draws | Near Promenade at Chenal (340K SF) Center

Well Located on Signalized Intersection | Multiple Points of Ingress/Egress | Large 9.59 Acre Parcel
Strong Demographics In 5-Mile Radius | Wealthy Community

Executive Summary

SRS Real Estate Partners, LLC is pleased to offer the opportunity to lease or acquire the fee simple interest (land & building ownership) in an 88,248 SF Kohl’s leased property located in Little Rock, AR. The tenant, Kohl’s, Inc., has closed this location as of March 2025 but is still responsible for paying rent of $53,317 per month through the end of their lease term which expires on January 31, 2026. Kohl’s will not be renewing their lease and this offering is an ideal investment for an owner/user or developer seeking to repurpose the asset. The Kohl’s building is 88,248 SF, was built in 2003, and is situated on a large 9.82 lot.

Property Facts

Sale Type

Investment or Owner User

Property Type

Retail

Property Subtype

Freestanding

Building Size

88,248 SF

Building Class

Year Built

2002

Price

$9,800,627 CAD

Price Per SF

$111.06 CAD

Tenancy

Single

Building Height

1 Story

Loading Docks

3 Exterior

Building FAR

0.21

Lot Size

9.59 AC

Zoning

C3 - General Commercial

Parking

595 Spaces (6.74 Spaces per 1,000 SF Leased)

Frontage

720’ on Chenal Pky

ENERGY STAR certified buildings save energy and help protect the environment.

ENERGY STAR® Energy Star is a program run by the U.S. Environmental Protection Agency (EPA) and U.S. Department of Energy (DOE) that promotes energy efficiency and provides simple, credible, and unbiased information that consumers and businesses rely on to make well-informed decisions. Thousands of industrial, commercial, utility, state, and local organizations partner with the EPA to deliver cost-saving energy efficiency solutions that protect the climate while improving air quality and protecting public health. The Energy Star score compares a building’s energy performance to similar buildings nationwide and accounts for differences in operating conditions, regional weather data, and other important considerations. Certification is given on an annual basis, so a building must maintain its high performance to be certified year to year. To be eligible for Energy Star certification, a building must earn a score of 75 or higher on EPA’s 1 – 100 scale, indicating that it performs better than at least 75 percent of similar buildings nationwide. This 1 – 100 Energy Star score is based on the actual, measured energy use of a building and is calculated within EPA’s Energy Star Portfolio Manager tool.

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Kohl's began as a department store business in Wisconsin in 1962, building on earlier Kohl family retail roots before expanding beyond the Midwest. The company now operates as an omnichannel retailer with stores, e-commerce, and a mobile app, serving families through a department-store format centered on value and convenience. The business focuses on moderately priced private-label and national-brand apparel, footwear, accessories, beauty, and home products. Kohl's uses a national distribution and fulfillment network to move merchandise to stores and directly to customers' doors.