Strip Mall Retail
For Sale
$2,000,000
201 Lee Town Road, Pea Ridge, AR 72751
Strip mall retail property positioned off Lee Town Road with easy directional access from Highway 72.
Property Size8,760 SF
Price / SF$228.31
Days on Market52
Property Features for 201 Lee Town Road
General Information
Standard status
Active
Size
8,760 SF
Building Details
Year Built
2005
Listing Agency:
Gibson Real Estate
(479) 426-2848
Listed By:
Jared Smith · License #EB00081015
(479) 426-2848
Source:
Evrealestate
Added: Jun 15
Changed: Jul 10
Last Checked: Aug 5 at 5:35AM
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 Gibson Real Estate
Investment Insights
Based on property information with market context.
This for-sale strip mall retail property is offered as a commercial investment or redevelopment opportunity within the Benton County market. The asset is presented as a retail space configuration under the strip mall property type category, with a total property size of 8,760 square feet.
Access and directions are straightforward: from Bentonville, travel down Highway 72 toward Pea Ridge. At the Pea Ridge intersection, continue straight to Lee Town Road. Directions note Taco Bell on the right, followed by the strip mall as the next structure on the right.
For tenants and buyers evaluating retail use, this strip mall format can support a range of neighborhood-serving operations depending on layout and tenant requirements. As offered, it provides a defined retail asset for buyers seeking an identifiable commercial building footprint and frontage along Lee Town Road with clear, commonly used route guidance from Highway 72.
Access and directions are straightforward: from Bentonville, travel down Highway 72 toward Pea Ridge. At the Pea Ridge intersection, continue straight to Lee Town Road. Directions note Taco Bell on the right, followed by the strip mall as the next structure on the right.
For tenants and buyers evaluating retail use, this strip mall format can support a range of neighborhood-serving operations depending on layout and tenant requirements. As offered, it provides a defined retail asset for buyers seeking an identifiable commercial building footprint and frontage along Lee Town Road with clear, commonly used route guidance from Highway 72.
Key Highlights
- Strip mall retail property off Lee Town Road with easy directional access from Highway 72
- Built in 2005
- Central air cooling with central electric heating
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 | $152.4k | $17.40 |
| − Vacancy | −$10.1k | −$1.15 |
| EGI | $142.4k | $16.25 |
| − OpEx | −$42.7k | −$4.88 |
| NOI | $99.7k | $11.38 |
8,760 SF · lease $17.40/SF/yr · vacancy 6.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.42M
$1.25M – $1.66M
NOI $99,655 @ 7.0% cap · market cap 4.98%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.41M
$2.11M – $2.81M
NOI $168,512 @ 7.0% cap · market cap 8.43%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
202
Businesses Nearby
120k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 44%
Groceries 27%
Shops & Services 24%
Home Improvements & Furnishings 5%
Walmart Neighborhood Market
Groceries
32,643 visits/mo
0.3 miles
SONIC Drive In
Dining
14,731 visits/mo
0.2 miles
McDonald's
Dining
14,175 visits/mo
0.2 miles
Wendy's
Dining
9,967 visits/mo
0.4 miles
Dollar Tree
Shops & Services
8,955 visits/mo
0.1 miles
Demographics for 72751, AR
8,361
Population
3,487
Households
2.4
Avg Household Size
34
Median Age
24%
College-Educated
92%
High-School Grad
24.1 sq mi
ZIP Area
347
Density / Sq Mi
$92,173
Median Household Income
$44,510
Median Earnings
$1,395
Median Rent
$258,200
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?
Strip mall - Strip mall retail property positioned off Lee Town Road with easy directional access from Highway 72.
Where is this strip mall located?
The property is located at 201 Lee Town Road Pea Ridge, AR.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: Strip mall retail property off Lee Town Road with easy directional access from Highway 72; Built in 2005; Central air cooling with central electric heating
