Shopping Strip
The Shoppes at Colonel Glenn
10815 Colonel Glenn Rd, Little Rock, AR 72204
Listing Price: $6,435,000
Investment Overview
Marcus & Millichap, as exclusive advisor, is pleased to present the opportunity to acquire a 100% fee simple interest in the Shoppes at Colonel Glenn (“The Property”), 17,899 square-foot Class “A” “Medtail” center located in Little Rock, AR.
The multi-tenant medical and retail center features a long-term lease from the University of Arkansas Medical System (UAMS) which occupies 83% of the center, accompanied by Domino’s and AR Donuts.
Built in 2014, the property features a high-end brick & stone façade, carefully groomed landscaping, zero-deferred-maintenance, and 8-years remaining on the roof warranty. The investment also provides excellent stability with over 11 years of weighted average lease term remaining and contractual rent increases that will drive organic NOI growth for a new owner.
The Property is ideally positioned in West Little Rock, a dense and affluent demographic locale within the Little Rock suburbs. The Property boasts average household incomes north of $100,000 within a 1-mile radius and a population of more than 130,000 residents within 5-miles. Additionally, Baptist Health Medical, the largest hospital in Arkansas, is situated just 2 miles away from the Property.
Strategically situated off the exit of I-430, less than a 10-minute drive from downtown Little Rock, the center features direct frontage and convenient access along one of Little Rock’s fastest growing retail corridors, with immediate visibility to more than 16,000 VPD.
The immediate trade area is host to an ever-increasing plethora of investment grade and national retailers including Top Golf (Built 2023), Main Event (Built 2024), Walmart, JCPenney, Starbucks (Built 2022), Wendy’s, Popeye’s, Taco Bell (Built 2023), Sonic, and many others.
The Property is offered free and clear of debt at a 7.0% cap rate totaling $6,435,000.
Investment Highlights
- AFFLUENT LITTLE ROCK SUBURBS
- EXCELLENT ACCESS & VISIBILITY
- TREMENDOUS AREA GROWTH
- LONG STANDING CORPORATE GRADE TENANTS
Listing Price: $6,435,000
Investment Highlights
- AFFLUENT LITTLE ROCK SUBURBS
- EXCELLENT ACCESS & VISIBILITY
- TREMENDOUS AREA GROWTH
- LONG STANDING CORPORATE GRADE TENANTS
Investment Overview
Marcus & Millichap, as exclusive advisor, is pleased to present the opportunity to acquire a 100% fee simple interest in the Shoppes at Colonel Glenn (“The Property”), 17,899 square-foot Class “A” “Medtail” center located in Little Rock, AR. The multi-tenant medical and retail center features a long-term lease from the University of Arkansas Medical System (UAMS) which occupies 83% of the center, accompanied by Domino’s and AR Donuts. Built in 2014, the property features a high-end brick & stone façade, carefully groomed landscaping, zero-deferred-maintenance, and 8-years remaining on the roof warranty. The investment also provides excellent stability with over 11 years of weighted average lease term remaining and contractual rent increases that will drive organic NOI growth for a new owner. The Property is ideally positioned in West Little Rock, a dense and affluent demographic locale within the Little Rock suburbs. The Property boasts average household incomes north of $100,000 within a 1-mile radius and a population of more than 130,000 residents within 5-miles. Additionally, Baptist Health Medical, the largest hospital in Arkansas, is situated just 2 miles away from the Property. Strategically situated off the exit of I-430, less than a 10-minute drive from downtown Little Rock, the center features direct frontage and convenient access along one of Little Rock’s fastest growing retail corridors, with immediate visibility to more than 16,000 VPD. The immediate trade area is host to an ever-increasing plethora of investment grade and national retailers including Top Golf (Built 2023), Main Event (Built 2024), Walmart, JCPenney, Starbucks (Built 2022), Wendy’s, Popeye’s, Taco Bell (Built 2023), Sonic, and many others. The Property is offered free and clear of debt at a 7.0% cap rate totaling $6,435,000.

