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15-Year Absolute NNN Slim Chickens 16105 Chenal Pkwy 2,258 SF Retail Building Little Rock, AR 72223 $3,829,377 CAD ($1,695.92 CAD/SF) 6.15% Cap Rate
Investment Highlights
- Located in Arkansas' largest and fastest-growing retail corridor
- 36,000+ VPD along Chenal Parkway
- Access to two major signalized intersections
- Adjacent to top-producing Kroger Marketing & first Arkansas Costco
- Outparcel location within dominant regional retail hub
- Strong Brand on a rapid growth trajectory
Executive Summary
This 2,258 SF prototype Slim Chickens is strategically positioned within one of the most dominant and fastest-growing retail corridors in Arkansas' largest market. Located along Chenal Parkway, this outparcel opportunity sits in the heart of West Little Rock's premier retail hub, offering unmatched visibility, access, and long-term investment stability.
The property is anchored by a top-performing Kroger Marketplace and further strengthened by the presence of Marshalls, Five Below, and Arkansas' first Costco, which sits immediately adjacent to the center. The site is uniquely positioned between Starbucks, Walk-On's, and Chuy's, creating a powerful restaurant cluster that drives consistent daily traffic.
With direct access to two signalized intersections - Chenal Parkway & Kirk Road and Chenal Parkway & Kanis Road - the property benefits from multiple points of ingress and egress and exposure to more than 36,000 vehicles per day, making this one of the most highly trafficked retail nodes in the state.
The property is anchored by a top-performing Kroger Marketplace and further strengthened by the presence of Marshalls, Five Below, and Arkansas' first Costco, which sits immediately adjacent to the center. The site is uniquely positioned between Starbucks, Walk-On's, and Chuy's, creating a powerful restaurant cluster that drives consistent daily traffic.
With direct access to two signalized intersections - Chenal Parkway & Kirk Road and Chenal Parkway & Kanis Road - the property benefits from multiple points of ingress and egress and exposure to more than 36,000 vehicles per day, making this one of the most highly trafficked retail nodes in the state.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,258 SF
Building Class
B
Year Built
2019
Price
$3,829,377 CAD
Price Per SF
$1,695.92 CAD
Cap Rate
6.15%
NOI
$235,495 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.68 AC
Zoning
C-2
Frontage
236’ on Chenal Parkway
Fairly walkable
50/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 54L-001-04-002-00 | Improvements Assessment | $273,601 CAD |
| Land Assessment | $140,881 CAD | Total Assessment | $414,482 CAD |
Property Taxes
Parcel Number
54L-001-04-002-00
Land Assessment
$140,881 CAD
Improvements Assessment
$273,601 CAD
Total Assessment
$414,482 CAD
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15-Year Absolute NNN Slim Chickens | 16105 Chenal Pkwy
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