Grocery-Anchored Shopping
For Sale
Contact for pricing
1267 Steamboat Drive Suite 1, Fayetteville, AR 72704
Harps Food Stores anchors a center with established dining, retail, and rehabilitation tenants.
Property Size1,444 SF
Price / SF$0.01
Days on Market156
Property Features for 1267 Steamboat Drive Suite 1
General Information
Standard status
Active
Size
1,444 SF
Property subtype
Retail
Additional Details
Anchor Co-Tenants
Harps Food Stores
Tenant in Place
Yes
Building Details
Year Built
2008
Tenancy
Multi
Listing Agency:
EXP Realty LLC
Listed By:
Brady Hanger
(417) 259-2525
Source:
Hangerpropertygroup
Added: Jun 1
Changed: Oct 31
Last Checked: Nov 3 at 7:26AM
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 EXP Realty LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This shopping center in Fayetteville includes Harps Food Stores as its anchor, alongside Great Clips, Pizza Hut, SERC Rehabilitation, Classic Nails, Gusano's Pizza, and JJs. The tenant lineup spans food service, personal care, and rehabilitation uses. The property was built in 2008 and is located at 1267 Steamboat Drive, Suite 1.
Key Highlights
- Anchored by Harps Food Stores
- Tenant roster includes Great Clips, Pizza Hut, SERC Rehabilitation, Classic Nails, Gusano's Pizza, and JJs
- Built in 2008
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,994
Suggested Prices Based on Cap Rates
Cap Rate 5%
$339,880
$339.9K
Cap Rate 7%
$242,771
$242.8K
Cap Rate 9%
$188,822
$188.8K
Market Conditions
NOI Build-Up for 1,444 SF
Gross rent
$26.0K $18.00/SF
− Vacancy
−$1.7K −$1.19/SF
EGI
$24.3K $16.81/SF
− OpEx
−$7.3K −$5.04/SF
NOI
$17.0K $11.77/SF
Area
Washington County, AR
Vacancy
6.60%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$339,880
Cap Rate 7%
$242,771
Cap Rate 9%
$188,822
Alternative Uses
Best Use
Retail
$242.8K
$212.4K – $283.2K
NOI $16,994 @ 7.0% cap · market cap 84,970.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$387.6K
$339.1K – $452.2K
NOI $27,131 @ 7.0% cap · market cap 135,655.00%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
308
Businesses Nearby
199k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 49%
Shops & Services 26%
Groceries 21%
Hotels & Casinos 3%
Walmart Neighborhood Market
Groceries
42,572 visits/mo
0.4 miles
McDonald's
Dining
21,652 visits/mo
0.1 miles
Fayetteville #1
Shops & Services
17,999 visits/mo
0.4 miles
SONIC Drive In
Dining
14,961 visits/mo
0.1 miles
Taco Bell
Dining
13,751 visits/mo
0.2 miles
Demographics for 72704, AR
31,145
Population
14,098
Households
2.2
Avg Household Size
31
Median Age
55%
College-Educated
96%
High-School Grad
77.0 sq mi
ZIP Area
404
Density / Sq Mi
$88,991
Median Household Income
$51,341
Median Earnings
$1,163
Median Rent
$301,600
Median Home Value
Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Wedington Plaza — 3980 W Wedington Dr, Fayetteville, AR 72701
Frequently Asked Questions
What type of property is this?
Shopping center - Harps Food Stores anchors a center with established dining, retail, and rehabilitation tenants.
Where is this shopping center located?
The property is located at 1267 Steamboat Drive Suite 1 Fayetteville, AR.
What are key features of this property?
This property features: Anchored by Harps Food Stores; Tenant roster includes Great Clips, Pizza Hut, SERC Rehabilitation, Classic Nails, Gusano's Pizza, and JJs; Built in 2008
