Leased Retail Storefront
10 W W 2nd St Ward, AR 72176
10 W W 2nd St, Ward, AR, 72176
$125,000
For Sale
$125,000
Retail storefront building with an existing tenant paying $750 per month who intends to remain.
Property Size780 SF
Price / SF$160.26
Days on Market22
Property Features for 10 W W 2nd St
General Information
- Standard status
- Active
- Size
- 780 SF
Listing agency
RE/MAX Encore
(501) 940-4628
Listed by
Jody Huffmaster · License #EB00075977
(501) 940-4628
Source
Exprealty
Added: Jul 1 Updated: Jul 22 at 5:22AM Checked: Jul 22 at 5:22AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Encore
Investment Insights
Based on property information with market context.
This commercially zoned storefront property is being offered for sale with a current tenant in place. Public remarks indicate the tenant is paying $750 per month and would like to stay.
The property is located at 10 W W 2nd St in Ward, AR. It is presented as a ready-to-own commercial investment building for the next owner.
The offering is based on the existing occupancy as described in the remarks.
The property is located at 10 W W 2nd St in Ward, AR. It is presented as a ready-to-own commercial investment building for the next owner.
The offering is based on the existing occupancy as described in the remarks.
Key Highlights
- Retail storefront commercial building with an existing tenant
- Tenant currently pays $750 per month and intends to stay
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 | $11.8k | $15.12 |
| − Vacancy | −$708 | −$0.91 |
| EGI | $11.1k | $14.21 |
| − OpEx | −$3.3k | −$4.26 |
| NOI | $7.8k | $9.95 |
780 SF · lease $15.12/SF/yr · vacancy 6.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$110.9K
$97.0K – $129.3K
NOI $7,760 @ 7.0% cap · market cap 6.21%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$158.8K
$139.0K – $185.3K
NOI $11,117 @ 7.0% cap · market cap 8.89%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Storefront properties
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FAQs
What type of property is this?
Storefront property - Retail storefront building with an existing tenant paying $750 per month who intends to remain.
Where is this storefront property located?
The property is located at 10 W W 2nd St Ward, AR.
What is the asking price?
The asking price for this property is $125,000.
What are key features of this property?
This property features: Retail storefront commercial building with an existing tenant; Tenant currently pays $750 per month and intends to stay