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Fee Simple Auto Parts Retail
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2806 E Race Ave, Searcy, AR 72143

Fee simple interest offered in an Advance Auto Parts on a NN corporate-guaranteed lease along E Race Ave.

Property Size6,754 SF
Lot Size0.73 Acres
Days on Market121

Property Features for 2806 E Race Ave

General Information

Standard status Active
Size 6,754 SF
Lot size 0.73 Acres
Property subtype Retail

Additional Details

Traffic Count 21,000 vehicles/day

Building Details

Tenancy Single
Listing Agency: AiCRE Partners
Listed By: Miles Elam · License #CA 02105134
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 21 at 11:26PM

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 AiCRE Partners

Investment Insights

Based on property information with market context.

The offering is fee simple interest in an Advance Auto Parts property on a net lease with corporate guarantee. The tenant has operated at the location since 1999, and the current lease has just under four years remaining, with one renewal option at a 5% increase.

The property is situated on E Race Ave, described as a major retail corridor with over 21,000 VPD. The asset is approximately 0.73 acres and is less than one mile from Town & Country Plaza, which includes tenants such as Tractor Supply, Big Lots, JCPenney, Ashley HomeStore, and Hibbett Sports.

Additional nearby tenants identified in the remarks include Hardee’s, Dollar General, Sherwin Williams, Harbor Freight Tools, Arby’s, KFC, Freddy’s Frozen Custard & Steakburgers, Regions Bank, and Tuesday Morning.

Key Highlights

  • Fee simple interest in an Advance Auto Parts property on a NN corporate‑guaranteed lease in Searcy, AR
  • Advance Auto Parts operating at the location since 1999
  • Lease has just under 4 years remaining, with one renewal option at a 5% increase

Property Analytics

Current Use

Medic Sav-On Drugs Pharmacy UPS Access Point ... Courier Service

Suggested Use

Top Pick Real Estate Agency Law Firm HVAC Service Building Supply Big Box & Wholesale Store Kitchen & Bath Showroom

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

21,000 VPD
Traffic count
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

733
Businesses Nearby
141k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 47% Shops & Services 34% Apparel 7% Beauty & Spa 4%
Ollie's Bargain Outlet Shops & Services
18,855 visits/mo 0.3 miles
Colton's Steak House & Grill Dining
16,786 visits/mo 0.3 miles
Freddy's Frozen Custard & Steakburgers Dining
13,830 visits/mo 0.2 miles
Dollar General Shops & Services
12,939 visits/mo 0.3 miles
Goodwill Apparel
10,164 visits/mo 0.5 miles

Demographics for 72143, AR

35,111
Population
14,948
Households
2.3
Avg Household Size
37
Median Age
27%
College-Educated
89%
High-School Grad
302.1 sq mi
ZIP Area
116
Density / Sq Mi
$55,522
Median Household Income
$33,315
Median Earnings
$851
Median Rent
$176,900
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Similar Off Market Nearby

  • Enterprise Rent-A-Car 2204 E Race Ave, Searcy, AR 72143
  • A&W works 2211 E Race Ave, Searcy, AR 72143

Frequently Asked Questions

What type of property is this?
Automotive property - Fee simple interest offered in an Advance Auto Parts on a NN corporate-guaranteed lease along E Race Ave.
Where is this automotive property located?
The property is located at 2806 E Race Ave Searcy, AR.
What are key features of this property?
This property features: Fee simple interest in an Advance Auto Parts property on a NN corporate‑guaranteed lease in Searcy, AR; Advance Auto Parts operating at the location since 1999; Lease has just under 4 years remaining, with one renewal option at a 5% increase
More about this property
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