Hope, AR Restaurant
For Sale
Contact for pricing
2406 N Hervey St, Hope, AR 71801
Active Mexican restaurant for sale in high-traffic Hope, Arkansas.
Property Size4,684 SF
Lot Size1.04 Acres
Price / SF$266.87
Days on Market1588
Property Features for 2406 N Hervey St
General Information
Standard status
Active
Size
4,684 SF
Lot size
1.04 Acres
Property subtype
Retail
Lease Type
NNN
Building Details
Tenancy
Single
Listing Agency:
NAI American Realty
(903) 793-2666
Listed By:
Steven Harvey · License #TX 9015473
Source:
Crexi
Added: Apr 16, 2022
Changed: Aug 18
Last Checked: Aug 19 at 6:45PM
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 NAI American Realty
Investment Insights
Based on property information with market context.
This active Mexican restaurant is located in Hope, Arkansas. The surrounding area includes a Walmart Supercenter, Hampton Inn & Suites, Chicken Express, McDonald's, Taco Bell, and Burger King. The property includes a 4,684-square-foot restaurant on a 1.04-acre lot. The business generated $1,400,000 in sales in 2019 and $1,200,000 in 2021. The location was closed for five weeks in 2021 due to COVID-19 and vacation.
Key Highlights
- Established Mexican restaurant business opportunity.
- High‑traffic location near Walmart Supercenter, hotels, and fast‑food chains.
- Property features a 4,684 SF building on 1.04 acres of land.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
99
Businesses Nearby
86k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 56%
Shops & Services 32%
Hotels & Casinos 7%
Electronics 4%
Walmart
Superstores
48,085 visits/mo
0.3 miles
Murphy USA
Shops & Services
18,656 visits/mo
0.3 miles
Shell
Shops & Services
7,692 visits/mo
0.2 miles
Verizon
Electronics
3,720 visits/mo
0.2 miles
Holiday Inn Express Hope
Hotels & Casinos
2,396 visits/mo
0.1 miles
Demographics for 71801, AR
14,991
Population
6,900
Households
2.2
Avg Household Size
39
Median Age
14%
College-Educated
82%
High-School Grad
297.7 sq mi
ZIP Area
50
Density / Sq Mi
$47,723
Median Household Income
$37,035
Median Earnings
$775
Median Rent
$98,200
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Active Mexican restaurant for sale in high-traffic Hope, Arkansas.
Where is this conventional restaurant located?
The property is located at 2406 N Hervey St Hope, AR.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Established Mexican restaurant business opportunity.; High‑traffic location near Walmart Supercenter, hotels, and fast‑food chains.; Property features a 4,684 SF building on 1.04 acres of land.
