Retail Center with Fuel
8824 Geyer Springs Rd Little Rock, AR
8824 Geyer Springs Rd, Little Rock, AR, 00000
Contact for pricing
For Sale
Contact for pricing
Retail center with Kroger Fuel Center on a high-traffic corner.
Property Size134,045 SF
Lot Size9.28 Acres
Price / SF$50.36
Days on Market609
Property Features for 8824 Geyer Springs Rd
General Information
- Standard status
- Active
- Size
- 134,045 SF
- Lot size
- 9.28 Acres
- Property subtype
- RETAIL
Listing agency
Colliers - Little Rock
(501) 952-9222
Listed by
Todd Rice, CCIM
(501) 952-9222
Source
Moodyscre
Added: Nov 20, 2024 Updated: Jul 10 at 11:39AM Checked: Jul 21 at 4:56AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Colliers - Little Rock
Investment Insights
Based on property information with market context.
This retail center features a Kroger Fuel Center on site. The property benefits from a signalized corner location at a high-traffic intersection. The rent roll includes a representation of personal service needs. The property has undergone recent capital improvements. The grocer has been an anchor for over 30 years. An outparcel opportunity is available. The property size is 134045 square feet.
Key Highlights
- Grocer anchored for 30+ years
- Prime signalized corner
- High traffic intersection
Local Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $756.0k | $5.64 |
| − Vacancy | −$36.3k | −$0.27 |
| EGI | $719.7k | $5.37 |
| − OpEx | −$215.9k | −$1.61 |
| NOI | $503.8k | $3.76 |
134,045 SF · lease $5.64/SF/yr · vacancy 4.80% · expense 30.00%
Alternative Uses
Best Use
Specialty Retail
$23.00M
$20.13M – $26.84M
NOI $1,610,309 @ 7.0% cap · market cap 23.86%
Second Best
Retail
$21.47M
$18.79M – $25.05M
NOI $1,502,955 @ 7.0% cap · market cap 22.27%
Theoretical Best
Office A
$24.35M
$21.31M – $28.41M
NOI $1,704,551 @ 7.0% cap · market cap 25.25%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Family Dollar
Discount Store
Western Union
Bank
MoneyGram
Bank
higi
Physician
It's Fashion
Clothing Store
Similar For Sale Nearby
Similar Off Market Nearby
- Coinstar Kiosk - Bitcoin ATM — Kroger - Delta, 8824 Geyer Springs Rd, Little Rock, AR 72209
- Geyer South Shopping Center — Little Rock, AR 72209
- Cloverdale Plaza Shopping Center — Little Rock, AR 72209
- Coin Cloud Bitcoin ATM — 5924 Baseline Rd, Little Rock, AR 72209
- Colony South Shopping Center — Geyer Springs Rd, Little Rock, AR 72209
FAQs
What type of property is this?
Shopping center - Retail center with Kroger Fuel Center on a high-traffic corner.
Where is this shopping center located?
The property is located at 8824 Geyer Springs Rd Little Rock, AR.
What is the asking price?
The asking price for this property is $6,750,000.
What are key features of this property?
This property features: Grocer anchored for 30+ years; Prime signalized corner; High traffic intersection
