Chenal Ridge Shopping Center will be a 40,500 square foot retail and restaurant development located in Little Rock, Arkansas across from Promenade Mall. It will have 270 parking spaces and tenants will pay $28-$30 per square foot in rent plus $5 per square foot in operating expenses. Retail tenants will sign 7 year leases while restaurants will sign 10 year leases. The development aims to take advantage of the 23,000 vehicles per day traffic on Chenal Parkway.