Retail Space in Shopping
For Lease
$3,300/Mo
1551 E Race Avenue, Searcy, AR 72143
COMMERCIAL - Searcy, AR
Space Size3,600 SF
Days on Market152
Property Features for 1551 E Race Avenue
General Information
Property type
Commercial Lease
Property subtype
Other
Bathrooms
1
Half bathrooms
1
Rooms
Bathroom 1
Subdivision
Gin Creek
Directions
On Race Avenue, near Dale's Clothing.
Standard status
Active
Size
3,600 SF
Utilities
Cooling system
Central Air
Building Details
Year built
1993
Listing Agency:
Michele Phillips & Co. Realtors Searcy Branch
(501) 542-2415
Listed By:
Ashley Cifreo
(870) 301-9852
Added: Mar 14
Changed: Aug 4
Last Checked: Aug 12 at 10:06AM
MLS# 26009824
Copyright © 2026 Cooperative Arkansas Realtors Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 3,600-square-foot retail space is located within a shopping center at 1551 E Race Avenue in Searcy. The premises previously housed a Hallmark store and gift boutique, providing a documented retail-oriented configuration for a new operator. Central air and a bathroom are included, and the building dates to 1993.
Race Avenue is described as a primary retail corridor with an estimated traffic count exceeding 20,000 vehicles per day. The property is also near Harding University, which has more than 4,600 students, and serves a city of approximately 24,000 residents. The space is identified as suitable for retailers, specialty shops, dessert concepts, boutiques, and service-based businesses.
Race Avenue is described as a primary retail corridor with an estimated traffic count exceeding 20,000 vehicles per day. The property is also near Harding University, which has more than 4,600 students, and serves a city of approximately 24,000 residents. The space is identified as suitable for retailers, specialty shops, dessert concepts, boutiques, and service-based businesses.
Key Highlights
- 3600 square feet of retail space
- Shopping center location at 1551 E Race Avenue, Searcy, AR 72143
- Estimated traffic count of more than 20,000 vehicles per day
Property Analytics
Property Profile
Current Use
Lease Details
20,000 VPD
Traffic count
NNN (Triple Net)
Lease Type
$1.65 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
733
Businesses Nearby
141k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 47%
Shops & Services 34%
Apparel 7%
Beauty & Spa 4%
Ollie's Bargain Outlet
Shops & Services
18,855 visits/mo
0.3 miles
Colton's Steak House & Grill
Dining
16,786 visits/mo
0.3 miles
Freddy's Frozen Custard & Steakburgers
Dining
13,830 visits/mo
0.2 miles
Dollar General
Shops & Services
12,939 visits/mo
0.3 miles
Goodwill
Apparel
10,164 visits/mo
0.5 miles
Demographics for 72143, AR
35,111
Population
14,948
Households
2.3
Avg Household Size
37
Median Age
27%
College-Educated
89%
High-School Grad
302.1 sq mi
ZIP Area
116
Density / Sq Mi
$55,522
Median Household Income
$33,315
Median Earnings
$851
Median Rent
$176,900
Median Home Value
Market
Lease Benchmarks for Searcy, AR
$13.71 /SF/Yr
Avg Asking Price
$11–$18 /SF/Yr
Price Range
16,846 SF
Avg Space Size
This space is priced 20% below the average of $13.71 /SF/Yr.
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Central air and prior boutique retail use support shop, specialty, dessert, and service-oriented concepts.
Where is this retail space located?
The property is located at 1551 E Race Avenue Searcy, AR.
What is the lease rate?
The lease rate is $3,300/Mo.
What are key features of this property?
This property features: 3600 square feet of retail space; Shopping center location at 1551 E Race Avenue, Searcy, AR 72143; Estimated traffic count of more than 20,000 vehicles per day
