Cleeman Realty Group is pleased to have arranged the off-market sale of East End Shopping Center, a grocery anchored retail center in Little Rock, AR. The 46,150 SF center is 100% occupied and anchored by a strong performing Kroger supermarket. Kroger has been at this location since 1959 and constitutes over 73% of the gross leasable area at the shopping center.
Jeremy Scheer and Sam Seelenfreund of Cleeman Realty Group represented the buyer and seller in this transaction.
“The buyer was attracted to the credit tenancy and was able to acquire this asset at a very low price per square foot,” said Scheer.
Cleeman Realty Group is a full-service real estate advisory and investment group, specializing in the investment sales of retail, multifamily and industrial properties throughout the United States. The Cleeman team utilizes deeply rooted industry contacts to identify and evaluate off-market transactions with unparalleled efficiency. To sell your property or to inquire about our available acquisition opportunities, please contact one of our team members at www.cleeman.com