True
Space Available For Lease 1
Space Available |
Brian Gehrki
Todd RiceColliers |
Contacts
Brian Gehrki
Todd Rice
Colliers
Property Details
- Property Type Retail
- Additional Rent Contact for pricing
- Year Built 2001
- Date Updated Nov 2, 2024
The East Gate Shopping Center, a profitable property positioned perfectly outside Hot Springs Village's East Gate is a 17,300-square-foot retail center, situated on 2.97 acres, and boasts a solid 93% occupancy rate and an attractive 9.64% cap rate. With long-standing tenants and recent leasing momentum, the center features 12,600 SF of new signed leases since 2022, demonstrating its enduring appeal to businesses. Offering a mix of established and new tenants, including Dollar General as an anchor (not included in the sale), this investment opportunity provides a stable income stream in a growing retirement community known for its golf courses and recreational amenities.
As well, The East Gate Shopping Center has two 600 SF suites available for lease at $14.00/SF on Modified Gross terms, providing potential tenants with flexible space options. Positioned perfectly to serve the affluent Hot Springs Village community, with an average household income of $106,167 within a one-mile radius, this location offers businesses access to a growing customer base in a picturesque setting near multiple golf courses and recreational amenities.
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Highlights
- 93% Occupied
- Cap rate: 9.64%
- Conveniently located outside the East Gate to Hot Springs Village
- Select co-tenants include: Dollar General, USA Storage, Infinity/Back to Health, Subway
Attachments
Getting around
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20/100
Walk Score ®
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27/100
Bike Score ®
Location
- City Lonsdale, AR
- Neighborhood Hot Springs Village
- Zip Code 72087
- Market Little Rock
Points of Interest
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Shell
0.10 miles
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Valero
10.00 miles
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Subway
0.03 miles
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Beehive Neighborhood Hangout
5.60 miles
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Sonic
8.05 miles
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Fountain Lake Center
8.35 miles
25127 AR-5 Listing Brief
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A property’s location contributes to the asking rent almost as much as its characteristics do. For instance, central urban locations with high walkability or suburban locations with ample parking and easy access by car will claim higher rents but offer superior access to your customer base. Likewise, the quality of the building systems and property finishes have a significant impact on how businesses can conduct their activity there, as well as on the experience of their customers.
The rent for retail space at 25127 AR-5 is available upon request. Feel free to reach out using the contact form conveniently included on this page to find out more about what the property can offer for your business.
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The property includes 1,200 square feet of retail space for lease. Of this total, 1,200 square feet are Retail.
For more information or to schedule a tour of the property, use the convenient contact form on this page to get in touch with a representative.
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You should keep in mind that different areas gradually build a reputation as hotspots or desirable corridors for shopping, eating, or other entertainment and consumer activities. So, while renting retail space in an area with a well-established high-end reputation might mean more customers that are more willing to spend, it will also place you in a more competitive environment.
In-Depth Research Available for this Property
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
