Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1984
Sq.Footage
6,012
This fully-leased, three-tenant retail center at 1009 N Hervey St offers investors a rare combination of strong in-place income and an outstanding 11% cap rate. The 6,000 SF building is 100% occupied by a mix of national, regional, and local tenants, providing built-in diversification and reduced rollover risk. All leases are structured as NNN or modified gross, minimizing landlord responsibilities and supporting stable, low-management cash flow. The sale also includes an adjacent 0.83-acre vacant lot behind the building, offering future expansion, outparcel development, or additional parking potential. Positioned along a well-traveled Hervey Street corridor in Hope, Arkansas, this is a turnkey investment opportunity for a buyer seeking dependable returns with upside.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Basement YN
NO
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Pool
No
Area & Lot
-
Lot Size(acres)
1.17
-
Property Type
Commercial Sale
-
Property Sub Type
Retail
Price
-
Sales Price
$579,000
-
Sq. Footage
6,012
-
Price/SqFt
$96
HOA
-
Association
N/A
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
New Construction
NO
-
Tax Lot
N/A
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Location
County
Hempstead
Elementary School
Middle School
High School
Listing Courtesy of Jeff Pederson , Lindsey & Associates Inc
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REALTOR®
Loyd Miller
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