The Outlets of Little Rock | Little Rock, AR
CALL FOR OFFERS: Wednesday, June 25th, 2025!
The Opportunity
Summary
- Price: $46,590,000
- Cap Rate: 9.50%
- NOI: $4,426,011
- Percent Occupied: 97.69%
- Building Size: 334,320 SF
- Parcel Size: 29.75 Acres
- Year Built: 2015
CALL FOR OFFERS: Wednesday, June 25th, 2025!
Forged Real Estate is pleased to exclusively offer the opportunity to acquire the fee simple interest in the outlet center, the Outlets of Little Rock, (the “Property”) in Little Rock, the capital city of Arkansas and its most populous city. The 330,000 square foot outlet center was recently built in 2015, sits on thirty (30) acres and is currently over 97% occupied. Over 40,000 SF of Tenants opened between June and December of 2024, including Five Below and Rowdy Hog Pickleball. Additionally, Tenants such as Nike, Tommy Hilfiger, Old Navy, J. Crew, H&M, GAP, and Banana Republic all renewed within the year, demonstrating the continued commitment from the National retailers. The Outlets of Little Rock profits from little to no competition as they are the only outlet center within the state and are over 165 miles away from the next closest outlet center in the bordering state of Mississippi. The Property benefits from tremendous accessibility as it is located less than one (1) mile from exit 128 of I-430, home to 77,000 vehicles per day. In addition to the great accessibility, The Outlets of Little Rock enjoys excellent visibility along I-30 a major thoroughfare in the state which boasts 120,000 vehicles per day. The Outlets of Little Rock are part of a larger development, Gateway Town Center, which include a 250-unit apartment complex, tru by Hilton, Movie Tavern and other complementary retail pads adjacent to the Property.
Investment Highlights:
Brokerage Team
In cooperation with Brian Brockman | Bang Realty - Arkansas Inc. | License #: PB00082359 | bor@bangrealty.com | (513) 898-1551
