Harps Grocery NNN
For Sale
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319 E Buchanan St, Prairie Grove, AR 72753
Single-tenant Harps Grocery NNN-leased property in Prairie Grove, Arkansas.
Property Size20,911 SF
Price / SF$74.12
Days on Market176
Property Features for 319 E Buchanan St
General Information
Standard status
Active
Size
20,911 SF
Property subtype
Retail
Occupancy
100%
Lease Type
Absolute Net
Net Operating Income
$100,800
Building Details
Year Built
1986
Year Renovated
2010
Tenancy
Single
Listing Agency:
Imhoff Commercial
Listed By:
Matt Imhoff · License #PB00058431
Source:
Crexi
Added: Feb 25
Changed: Aug 10
Last Checked: Aug 19 at 8:52AM
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 Imhoff Commercial
Investment Insights
Based on property information with market context.
This property features a single-tenant, absolute NNN-leased Harps Grocery store located at 319 E Buchanan St, Prairie Grove, AR 72753. The property offers passive income and institutional-quality tenancy. The tenant, Harps Grocery, operates over 150 stores in 6 states, with all locations backing the performance of the lease. The property is subject to a 15-year Absolute Net (NNN) lease, which commenced in 2016. The building has a size of 20,911 square feet. The current annual rent is $100,800.
Key Highlights
- Absolute NNN Lease: Enjoy passive income with minimal landlord responsibilities.
- Institutional‑Quality Tenant: Secured by Harps Grocery, with over 150 stores.
- Attractive 6.0% Cap Rate.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
243
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 72753, AR
10,525
Population
4,078
Households
2.6
Avg Household Size
37
Median Age
20%
College-Educated
92%
High-School Grad
89.2 sq mi
ZIP Area
118
Density / Sq Mi
$64,701
Median Household Income
$40,264
Median Earnings
$911
Median Rent
$227,900
Median Home Value
Market
Vacancy Rate% for Retail in South region
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Similar Off Market Nearby
- Harps Food Stores — 319 E Buchanan St, Prairie Grove, AR 72753
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Single-tenant Harps Grocery NNN-leased property in Prairie Grove, Arkansas.
Where is this grocery and convenience store located?
The property is located at 319 E Buchanan St Prairie Grove, AR.
What is the asking price?
The asking price for this property is $1,550,000.
What are key features of this property?
This property features: Absolute NNN Lease: Enjoy passive income with minimal landlord responsibilities.; Institutional‑Quality Tenant: Secured by Harps Grocery, with over 150 stores.; Attractive 6.0% Cap Rate.
