Property summary
This Class A, single-story East Gate Shopping Center, located at 25127 AR-5 in Lonsdale, Arkansas (zip code 72087), offers 17,300 square feet of retail and office space in a thriving community. Built in 2001, the property sits on 2.97 acres and features 259 parking spaces. Currently, 1,200 square feet of space is available, with a minimum divisible unit of 600 square feet. The center is zoned C-2 and boasts 17300 total building suites. Two 600 square foot suites are immediately available for lease at a rate of $14.00 per square foot on Modified Gross terms. The property benefits from its strategic location near Hot Springs Village's East Gate, providing access to a high-income demographic with an average household income exceeding $106,167 within a one-mile radius. Strong existing tenants, including Dollar General and Subway, anchor the center, ensuring high visibility and foot traffic. The proximity to golf courses and recreational amenities further enhances the property's appeal to businesses seeking a vibrant and accessible location. This presents a unique opportunity for businesses to establish a presence in a prosperous and rapidly growing area.
Property profile
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Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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