4 Lake St. Greenbrier, AR 72058
COMMERCIAL - Greenbrier, AR
Property Features for 4 Lake St.
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Exterior features
- Guttering
- Standard status
- Active
- Size
- 1,616 SF
- Lot size
- 0.57 Acres
Taxes and HOA fees
- Tax Description
- Lot 9 Goodhaven
- Tax Annual Amount
- 1501
Building Details
- Year built
- 1974
- Floors in Building
- 1
- Flooring type
- Vinyl
- Roof type
- Shingle
- Architectural style
- Other
Listing agent Missy Jenkins (870) 514-8203
Listing office Coldwell Banker Heritage Homes 7954 Edgemont Rd., Greers Ferry, AR (501) 825-7500
Listing date Dec 19, 2025
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Investment Insights
Based on property information with market context.
The property is located at 4 Lake St. in Greenbrier, near the corner of Hwy 65 and Lake St., and is described as clearly visible to daily traffic traveling Hwy 65. Parking is available on site.
For an operator seeking a retail space with an existing interior built for personal services, the current salon configuration may reduce near-term startup work. The on-site break and laundry areas support day-to-day operations, and the included equipment option gives buyers flexibility when transitioning the space to a new brand or concept, subject to the mirror exclusion.
Key Highlights
- Commercial property built in 1974 with shingle roof and vinyl flooring
- Currently set up as a hair salon and boutique; seller may leave remaining equipment (mirrors excluded)
- Includes 1.5 baths plus a break room with refrigerator and microwave
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $24.2k | $15.00 |
| − Vacancy | −$1.5k | −$0.92 |
| EGI | $22.8k | $14.09 |
| − OpEx | −$6.8k | −$4.23 |
| NOI | $15.9k | $9.86 |
