Five Below is Coming to Little Rock
Haag Brown Commercial is excited to announce 5 Below is coming to Little Rock and will be a neighbor to Marshall’s. Haag Brown announced the acquisition of the retail center adjacent to the new Kroger Marketplace at 16105 Chenal Parkway in Little Rock, Arkansas less than one month ago.
5 Below, a colorful store where everything is always just $5 and below, will occupy 8,500 square feet in the 63,700 square foot center at the corner of Chenal Parkway and Kirk Road. This vibrant tenant is one of the fastest growing retailers in the country with more than 630 stores in 32 states.
“During the brief time we have had this property on the market, we’ve received dozens of calls from brokers and tenants with interest in the space.” Greg Haag | Haag Brown Development
“Five Below is one of the few retailers experiencing significant “brick and mortar” growth right now. We work with real estate departments and construction groups in several states. The real estate department, brokerage team, and construction department at 5 Below has been exceptional. The team they have assembled is efficient and does a great job.” Joshua Brown | Haag Brown Development
Haag-Brown Development, LLC worked with Hank Kelley of Flake & Kelley Commercial in Little Rock, AR, who represented 5 Below.
West Little Rock is booming with growth so it is not hard to see why 5 Below would want to locate to the area.
“If you are grading real estate simply by location and new real estate activity, this shopping center would score off the charts. There is a significant amount of commercial real estate construction dollars being spent in this immediate area.” Joshua Brown | Haag Brown Development
Stonebridge Construction will start reconfiguring the space to meet 5 Below’s specifications immediately. The store is expected to be open in late summer of 2018.