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Retail Space Available For Lease

1723 W Kingshighway, Paragould, AR 72450

For Lease
$7,000/Mo NNN

Former mattress/furniture store available for commercial lease.

Space SizeContact for details
Days on Market254

Property Features for 1723 W Kingshighway

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $57,656
Listing Agency: Image Realty
Listed By: Brooksie F. Hartness CRS GRI · License AR EB00046076
Source: Exprealty
Added: Mar 2 Changed: Nov 7 Last Checked: Nov 10 at 1:58PM

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 Image Realty

Rey
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Investment Insights

Based on property information with market context.

This retail space, formerly a mattress and furniture store, is available for lease to any commercial business. The property is offered under a triple net lease agreement. While a 5-year lease is preferred, all proposals will be considered.

Key Highlights

  • Commercial space available for lease.
  • Suitable for any commercial business.
  • Triple net lease.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Factory Connection Clothing Store Shoe Sensation Clothing & Fashion Store Paragould ATA Martial ... Training Center

Suggested Use

Top Pick Kitchen & Bath Showroom HVAC Service Grocery & Convenience Store Plumbing Service Gym & Fitness Center Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

658
Businesses Nearby
122k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 62% Shops & Services 31% Apparel 4% Beauty & Spa 3%
McDonald's Dining
33,057 visits/mo 0.1 miles
Paragould Shops & Services
15,042 visits/mo 0.4 miles
Hardee's Dining
13,319 visits/mo 0.1 miles
Popeyes Louisiana Kitchen Dining
8,011 visits/mo 0.4 miles
Dollar General Shops & Services
7,454 visits/mo 0.1 miles

Demographics for 72450, AR

39,945
Population
16,784
Households
2.4
Avg Household Size
38
Median Age
17%
College-Educated
88%
High-School Grad
285.3 sq mi
ZIP Area
140
Density / Sq Mi
$56,390
Median Household Income
$37,008
Median Earnings
$865
Median Rent
$169,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Paragould, AR

$10.75 /SF/Yr
Avg Asking Price
$7.78–$14.4 /SF/Yr
Price Range
7,101 SF
Avg Space Size

This space is priced 8% below the average of $10.75 /SF/Yr.

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Retail space - Former mattress/furniture store available for commercial lease.
Where is this retail space located?
The property is located at 1723 W Kingshighway Paragould, AR.
What is the lease rate?
The lease rate is $7,000/Mo.
What are key features of this property?
This property features: Commercial space available for lease.; Suitable for any commercial business.; Triple net lease.
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