For Sale and Lease: East Gate Shopping Center

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.