6917 Geyer Springs RdLittle Rock, AR 72209

For Sale
$995,000

Little Rock shopping center, high cap rate.

Overview

Added:
Dec 11, 2024
Days on market:
92
This Little Rock, Arkansas investment opportunity features a 15,104-square-foot shopping center and storefront complex situated on a 1.5-acre lot at 6917 Geyer Springs Rd, zip code 72209. The property, built in 1970, consists of two single-story buildings with a C-3 zoning designation. Currently boasting 100% occupancy, the property generates a substantial net operating income (NOI) of $106,486, translating to an attractive 10.70% capitalization rate. The asking price is $995,000, representing a price per square foot of $65.88. This multi-tenant retail property offers significant value-add potential due to its prime location in a busy commercial area of Little Rock, strategically positioned between major roadways. The property's strong financial performance and high occupancy rate make it an exceptional investment prospect for discerning buyers seeking a stable and profitable retail asset in a thriving market. The Pulaski County location provides easy access to a large customer base.

Highlights

  • 100% Leased.
  • 10.70% Cap Rate.
  • 15,104 SF shopping center on 1.5 acres in Little Rock, AR (72209).
  • $995,000 asking price ($65.88/SF).
  • Strong NOI of $106,486.
  • Prime location with high visibility and access to major roadways.

Property Details for 6917 Geyer Springs Rd

Property type
Lifestyle centers, Power centers
Square Feet
15,104 SF
Year Built
1970
Buildings
2
Stories
1
Lot Size (sq. ft)
65,340 SF

Location Insight

City
Little Rock
County
Pulaski
State
Arkansas
Latitude
34.687173492176
Longitude
-92.343485050126
6917 Geyer Springs Rd, Little Rock, Arkansas

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6917 Geyer Springs Rd
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