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8824 Geyer Springs RdLittle Rock, AR 72209

Little Rock, AR Grocery-Anchored Center

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional investment opportunity presents the Colony South Shopping Center, a 133,304-square-foot retail property situated on a 9.24-acre lot in Little Rock, Arkansas. Located at the signalized intersection of Geyer Springs Road and Baseline Road, this prime location boasts high traffic counts within the southwest Little Rock submarket. The center is anchored by a Kroger grocery store, a long-term tenant since 1992, demonstrating strong commitment to the location, further evidenced by recent interior renovations. The property enjoys a remarkable 98.5% occupancy rate, supported by an average tenant lease term of nearly thirteen years. The diverse tenant mix includes personal service businesses, complementing the dominant grocer. Recent capital improvements enhance the property's appeal, including a partial roof replacement, LED parking lot lighting upgrades, parking lot resealing and striping, new awnings, and fresh exterior paint. The property also includes an on-site Kroger Fuel Center, adding to its value and presenting potential for additional outparcel development. The property's zoning is C-3, allowing for a variety of uses. Built in 1973, this single-story building presents a stable and profitable investment opportunity in a thriving market. The property is classified as a Core investment type with multi-tenant occupancy.

Highlights

  • High-traffic corner lot with excellent visibility.
  • Includes a Kroger Fuel Center and additional outparcel development potential.
  • Strong tenant mix with diverse service businesses.
  • Recently renovated and well-maintained.
  • Grocery-anchored center with 30+ years of stability and 98.5% occupancy.
  • Price available upon request.

Property Details for 8824 Geyer Springs Rd

Property type
Lifestyle centers, Power centers
Square Feet
133,304 SF
Year Built
1973
Buildings
1
Stories
1
Lot Size (sq. ft)
402,494 SF

Location Insight

City
Little Rock
County
Pulaski
State
Arkansas
Latitude
34.669563150862
Longitude
-92.345559266569
8824 Geyer Springs Rd, Little Rock, Arkansas

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8824 Geyer Springs Rd
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