Drug Store
Walgreens - NNN Lease | Little Rock | Signalized Hard Corner | Strong Demographics: $121k+ Avg. HHI
15500 Chenal Pkwy, Little Rock, AR 72211
Listing Price: $7,425,715
Investment Overview
West Little Rock represents the most affluent and rapidly expanding submarket within Little Rock, Arkansas. Anchored along Chenal Parkway, this corridor has evolved into the region’s dominant retail, medical, and lifestyle destination, serving a dense and high income residential population. The surrounding Chenal Valley master planned community features luxury housing, golf course estates, and established neighborhoods that continue to drive long term consumer stability and purchasing power.
Chenal Parkway functions as a primary east west arterial connecting Interstate 430 to Highway 10, providing seamless regional access throughout Central Arkansas. Interstate 430 links directly to Interstate 630 and Interstate 30, allowing efficient connectivity to downtown Little Rock, North Little Rock, and surrounding employment centers.
The property benefits from immediate proximity to The Promenade at Chenal, a premier open air lifestyle center featuring Apple, Nike, Dillard’s, Anthropologie, and other nationally recognized retailers. Additional retail demand drivers along the corridor include Kroger Marketplace, Costco Wholesale, Whole Foods Market, Target, and Home Depot, creating strong daily traffic patterns and sustained consumer visitation.
Healthcare represents a major economic driver within the immediate trade area. Nearby institutions include CHI St Vincent West, Arkansas Heart Hospital West, UAMS Health clinics, and numerous specialty medical providers, supporting consistent daytime population and service related traffic.
Major corporate employers in the broader West Little Rock area include Dillard’s Corporate Headquarters, Windstream Holdings, Arkansas Blue Cross Blue Shield, and multiple regional financial institutions. With limited remaining development sites and high barriers to entry, the Chenal corridor offers long term real estate stability within Arkansas’ capital city and primary economic hub.
Walgreens - NNN Lease | Little Rock | Signalized Hard Corner | Strong Demographics: $121k+ Avg. HHI
Investment Highlights
- NNN Lease. 17+ Year Historical Occupancy Demonstrating Strong Commitment to the Location. This Location Serves Beer & Wine, and Features a Drive-Thru Pharmacy.
- Prime Chenal Parkway Signalized Hard Corner Location - Located Along Chenal Parkway, one of Little Rock's most Affluent and Heavily Trafficked Retail Corridors.
- Densely Populated and Affluent Area: Features an Average Household Income of more than $121k within a 3-Mile Radius and over 90k People Residing within a 5-Mile Radius.
- Walgreens is a Leading U.S. Retail Pharmacy with over 8,000 Stores Currently Operating throughout the U.S. and Puerto Rico. In August 2025, Walgreens Boots Alliance was Acquired Privately by Sycamore Partners, a New York-based Private Equity Firm.
- Near the Chenal Valley Master Planned Community - a Highly Desirable Master Planned Community known for Luxury Residential Neighborhoods, Golf Course Estates, and Consistent Long Term Population Growth.
- Minutes from The Promenade At Chenal - an Open Air Lifestyle Center featuring Apple, Nike, Dillard's, Anthropologie, and High Performing National Retailers Driving Significant Consumer Traffic.
- Strong West Little Rock Population Growth Trends - West Little Rock Continues to Capture Residential Growth as new Housing Developments Expand along Chenal Parkway and Highway 10 Corridors.
- In Close Proximity to Numerous National Retailers including Costco, Kroger, Target, The Home Depot, Walmart Supercenter, Sam's Club, Whole Foods, Trader Joe's, Lowe's, At Home, Best Buy, Hobby Lobby, Marshalls and many more. Direct Access to Interstate 430 - Minutes from Interstate 430, providing Direct Connectivity to Interstate 630 and Interstate 30, offering Regional Access throughout Little Rock and the Greater Central Arkansas Market.
Exclusively Listed By
Broker of Record
Drug Store
Walgreens - NNN Lease | Little Rock | Signalized Hard Corner | Strong Demographics: $121k+ Avg. HHI
Listing Price: $7,425,715
Investment Highlights
- NNN Lease. 17+ Year Historical Occupancy Demonstrating Strong Commitment to the Location. This Location Serves Beer & Wine, and Features a Drive-Thru Pharmacy.
- Prime Chenal Parkway Signalized Hard Corner Location - Located Along Chenal Parkway, one of Little Rock's most Affluent and Heavily Trafficked Retail Corridors.
- Densely Populated and Affluent Area: Features an Average Household Income of more than $121k within a 3-Mile Radius and over 90k People Residing within a 5-Mile Radius.
- Walgreens is a Leading U.S. Retail Pharmacy with over 8,000 Stores Currently Operating throughout the U.S. and Puerto Rico. In August 2025, Walgreens Boots Alliance was Acquired Privately by Sycamore Partners, a New York-based Private Equity Firm.
- Near the Chenal Valley Master Planned Community - a Highly Desirable Master Planned Community known for Luxury Residential Neighborhoods, Golf Course Estates, and Consistent Long Term Population Growth.
- Minutes from The Promenade At Chenal - an Open Air Lifestyle Center featuring Apple, Nike, Dillard's, Anthropologie, and High Performing National Retailers Driving Significant Consumer Traffic.
- Strong West Little Rock Population Growth Trends - West Little Rock Continues to Capture Residential Growth as new Housing Developments Expand along Chenal Parkway and Highway 10 Corridors.
- In Close Proximity to Numerous National Retailers including Costco, Kroger, Target, The Home Depot, Walmart Supercenter, Sam's Club, Whole Foods, Trader Joe's, Lowe's, At Home, Best Buy, Hobby Lobby, Marshalls and many more. Direct Access to Interstate 430 - Minutes from Interstate 430, providing Direct Connectivity to Interstate 630 and Interstate 30, offering Regional Access throughout Little Rock and the Greater Central Arkansas Market.
Investment Overview
West Little Rock represents the most affluent and rapidly expanding submarket within Little Rock, Arkansas. Anchored along Chenal Parkway, this corridor has evolved into the region’s dominant retail, medical, and lifestyle destination, serving a dense and high income residential population. The surrounding Chenal Valley master planned community features luxury housing, golf course estates, and established neighborhoods that continue to drive long term consumer stability and purchasing power. Chenal Parkway functions as a primary east west arterial connecting Interstate 430 to Highway 10, providing seamless regional access throughout Central Arkansas. Interstate 430 links directly to Interstate 630 and Interstate 30, allowing efficient connectivity to downtown Little Rock, North Little Rock, and surrounding employment centers. The property benefits from immediate proximity to The Promenade at Chenal, a premier open air lifestyle center featuring Apple, Nike, Dillard’s, Anthropologie, and other nationally recognized retailers. Additional retail demand drivers along the corridor include Kroger Marketplace, Costco Wholesale, Whole Foods Market, Target, and Home Depot, creating strong daily traffic patterns and sustained consumer visitation. Healthcare represents a major economic driver within the immediate trade area. Nearby institutions include CHI St Vincent West, Arkansas Heart Hospital West, UAMS Health clinics, and numerous specialty medical providers, supporting consistent daytime population and service related traffic. Major corporate employers in the broader West Little Rock area include Dillard’s Corporate Headquarters, Windstream Holdings, Arkansas Blue Cross Blue Shield, and multiple regional financial institutions. With limited remaining development sites and high barriers to entry, the Chenal corridor offers long term real estate stability within Arkansas’ capital city and primary economic hub.
Exclusively Listed By
Broker of Record
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