Property summary
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.
Property profile
VerifiedCap rate & NOI
Current use
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Discount Store
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Bank Credit Union
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Bank Credit Union
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Physician
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Clothing Store
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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