Retail Storefront
For Sale
$744,000
1010 W Main Street, Jacksonville, AR 72076
For-sale retail storefront property positioned across from a local carwash and accessible from a major city route.
Property Size6,215 SF
Price / SF$119.71
Days on Market98
Property Features for 1010 W Main Street
General Information
Standard status
Active
Size
6,215 SF
Total Parking Spaces
50
Zoning
Central Business,General
Lease Term
Month To Month
Taxes and HOA fees
Annual Taxes
$7,493
Amenities
Accessible Entrance
Electric, Central Air
Traditional
Building Details
Building Size
6,215 SF
Year Built
2007
Buildings
2
Listing Agency:
Arnett Realty & Investments
(501) 259-5508
Listed By:
Cole Arnett
(501) 259-5508
Source:
Evrealestate
Added: May 6
Changed: Aug 8
Last Checked: Aug 11 at 7:00AM
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 Arnett Realty & Investments
Investment Insights
Based on property information with market context.
This for-sale retail storefront property offers a straightforward retail setup suited for a variety of neighborhood-serving concepts. The building provides a street-facing storefront presentation and a compact, commercially functional footprint designed for day-to-day customer access.
Located at 1010 W Main Street in Jacksonville, Arkansas, the property is reached via a convenient main-route approach from Little Rock. Directions indicate proceeding east on W Main Street and keeping left through the loop, with the property situated on the left side across from Local Tire Wheel & Splash carwash.
The building’s storefront configuration can fit tenants looking for a visible, easy-to-approach retail location where walk-in and short-stay traffic can matter. It may also be of interest to investors seeking a manageable retail asset in a retail-oriented corridor with nearby automotive-related uses.
Located at 1010 W Main Street in Jacksonville, Arkansas, the property is reached via a convenient main-route approach from Little Rock. Directions indicate proceeding east on W Main Street and keeping left through the loop, with the property situated on the left side across from Local Tire Wheel & Splash carwash.
The building’s storefront configuration can fit tenants looking for a visible, easy-to-approach retail location where walk-in and short-stay traffic can matter. It may also be of interest to investors seeking a manageable retail asset in a retail-oriented corridor with nearby automotive-related uses.
Key Highlights
- Retail storefront property in Pulaski County
- Built in 2007
- Central electric A/C with central air
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$57,355
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.71%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,147,100
$1.1M
Cap Rate 7%
$819,357
$819.4K
Cap Rate 9%
$637,278
$637.3K
Market Conditions
NOI Build-Up for 6,215 SF
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.
Gross rent
$87.3K $14.04/SF
− Vacancy
−$5.3K −$0.86/SF
EGI
$81.9K $13.18/SF
− OpEx
−$24.6K −$3.96/SF
NOI
$57.4K $9.23/SF
Area
Pulaski County, AR
Vacancy
6.10%
Lease Rate
$14.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,147,100
Cap Rate 7%
$819,357
Cap Rate 9%
$637,278
Alternative Uses
Best Use
Retail
$819.4K
$716.9K – $955.9K
NOI $57,355 @ 7.0% cap · market cap 7.71%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.19M
$1.04M – $1.38M
NOI $82,986 @ 7.0% cap · market cap 11.15%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
649
Businesses Nearby
48k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 75%
Shops & Services 23%
Home Improvements & Furnishings 2%
Electronics 1%
McDonald's
Dining
17,966 visits/mo
0.4 miles
Wendy's
Dining
12,727 visits/mo
0.3 miles
Dollar General
Shops & Services
5,420 visits/mo
0.4 miles
SUBWAY
Dining
3,337 visits/mo
0.5 miles
Phillips 66
Shops & Services
3,048 visits/mo
0.5 miles
Demographics for 72076, AR
38,443
Population
17,780
Households
2.2
Avg Household Size
37
Median Age
22%
College-Educated
90%
High-School Grad
72.7 sq mi
ZIP Area
529
Density / Sq Mi
$53,048
Median Household Income
$36,189
Median Earnings
$917
Median Rent
$155,600
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - For-sale retail storefront property positioned across from a local carwash and accessible from a major city route.
Where is this storefront property located?
The property is located at 1010 W Main Street Jacksonville, AR.
What is the asking price?
The asking price for this property is $744,000.
What are key features of this property?
This property features: Retail storefront property in Pulaski County; Built in 2007; Central electric A/C with central air
