1190 Highway 59, Decatur, AR 72722
14,280 SF truck stop with multiple revenue streams.
- Added:
- Nov 22, 2024
- Days on Market:
- 582
- Last Refresh:
- May 19 at 10:03 pm
Property Features for 1190 Highway 59
General Information
- Standard status
- Active
- Size
- 14,820 SF
- Lot size
- 2.15 Acres
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 2008
Listing office Crye-Leike REALTORS, Gentry (479) 427-5623
Listing date Nov 22, 2024
Source Exitrealty
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 Crye-Leike REALTORS, Gentry
HighLights
- High visibility location with significant passenger and truck traffic.
- Multiple revenue streams: truck stop, convenience store, liquor store, and restaurant.
- Includes a liquor license.
- Large 14,280 sq ft building with ample room for expansion.
- New pumps and data system.
- Non‑branded, offering operational freedom.
Overview
Local Financial Insights For Specialty 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 | $284.5k | $19.20 |
| − Vacancy | −$18.8k | −$1.27 |
| EGI | $265.8k | $17.93 |
| − OpEx | −$66.4k | −$4.48 |
| NOI | $199.3k | $13.45 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Decatur
- County
- Benton
- State
- Arkansas
- Longitude
- -94.4556
- Latitude
- 36.3262
