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LR’s Midtown Center Leads List of Recent Seven-Digit Deals

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A retail project in Little Rock, a grocery store in Maumelle, a fast-food outlet in west Little Rock, two Little Rock homes and a pair of residential properties involved in an intrafamily swap compose our magnificent seven real estate transactions this week.

 Leek Farms LLC, led by Lynn Leek, bought the 105 N. Rodney Parham Road project that housed Mid-Town Antique Mall, Light Innovations and Tile Shop. The deal includes the adjoining Bank of the Ozarks branch at 101 N. Rodney Parham.

Price: $6.2 million.

Sellers: Mid-Towne Center LLC, led by Sharon Mayer, 50 percent; and Nicholas Mayer Jr. and Nancy Mayer Sheppard, 25 percent each.

 Maumelle WMT LLC, led by Isaac Smith, purchased the Wal-Mart Neighborhood Market at 117 Audubon Drive for $2.2 million.

Seller: Bentonville’s Wal-Mart Real Estate Business Trust.

 Sea Salt LLC of Memphis acquired the Wendy’s at 17716 Cantrell Road for $2.1 million. Seller: Fourjay LLC, led by John Shanks

 John and Amber Meadors sold their 4,667-SF Edgehill home to Donald and Lucinda Phelps for $1.8 million.

 David Snowden Jr. and his wife, Terri, traded their 6,272-SF home near the Country Club of Little Rock for a 5,088-SF home and 20-acre spread in west Little Rock owned by David Snowden Sr. and his wife, Judith.

Value of the exchange? $1.4 million.

 Brett and Amanda Bennefield sold their 6,985-SF Valley Falls Estates home to Matthew and Patricia Jones for $1.2 million.

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