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Little Rock, AR - Tesla

Market Price

5046 Warden Rd, North Little Rock, AR 72116

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Last Updated: 06/02/2025

18,000 sqft

Building Size

 
Details:
Building Size:    18,000 sqft
Description:

SRS Real Estate Partners, LLC is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a newly renovated, investment grade (S&P: BBB), and corporate guaranteed (NASDAQ: TSLA) Tesla investment property located in North Little Rock, Arkansas (Little Rock MSA). The tenant, Arkansas Motors and Service, LLC, recently signed a new lease demonstrating their commitment to the site. The lease is NN+ with limited landlord responsibilities making it an ideal, low-management investment opportunity for a passive investor. Tesla has selected this property in North Little Rock, Arkansas, as the first sales, service, and delivery center in the state, with a focus on the sales component to access a new demographic, as these sites are carefully chosen due to state dealership restrictions, limited capacity, and the need to be near high-income areas with strong vehicle sales. Tesla is one of the world’s most valuable companies and remains the world’s most valuable automaker with a market capitalization of over $1 trillion.

The asset will feature Tesla’s modern Sales, Service, and Delivery (SSD) center design, offering excellent signage and visibility facing Interstate 57 (83,000 VPD), a heavily trafficked commuter highway that provides direct access to downtown Little Rock, Arkansas’s largest city with a population of over 204,000 residents. The site is strategically located in the heart of a dense retail corridor surrounded by prominent national and credit retailers, including Sam’s Club, Home Depot, Target, and major automotive brands such as Toyota, Ford, Hyundai, Kia, GMC, and Nissan. It is also situated less than one mile from McCain Mall, one of the state’s top-performing shopping centers, drawing over 3.4 million annual visits (per Placer.ai). The surrounding 1 mile trade area boasts over 5.3 million square feet of retail space with a low 3.4% vacancy rate. Market rents in this radius have grown consistently at an average annual rate of 4.2% since 2022, reflecting strong demand. As of December 31, 2024, Arkansas had 58,387 registered electric vehicles, including 9,214 fully electric and 49,173 hybrids, marking a 61.57% increase from 2023. Pulaski County and the broader Little Rock metro areas lead the state in EV adoption, making this site an ideal flagship location for Tesla’s presence in the state. Additionally, there are over 26 public charging stations and supercharger locations within a 30-mile radius of the property, reinforcing the area’s capable infrastructure. National efforts continue to support EV adoption through consumer tax credits, expanded charging infrastructure, and stringent emissions standards set by the EPA and NHTSA, all driving automakers to accelerate the availability and accessibility of electric vehicles across the country.

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