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Shopping Center Retail Space

503 N Hervey St, Hope, AR 71801

For Lease
Contact for pricing

Retail space fronts Hope’s primary retail corridor with access from N Hervey St.

Space Size7,000 SF
Property Size90,935 SF
Days on Market100

Property Features for 503 N Hervey St

General Information

Standard status Active
Size 7,000 SF
Property subtype RETAIL

Additional Details

Road Access Yes

Building Details

Building Size 90,935 SF
Tenancy Multi

Spaces For Lease

at 503 N Hervey St
503 N Hervey St AVAILABLE, Now
Floor 1
Size 7,000 SF
Type RETAIL
Rate Contact for pricing
Sublease No
- Hervey Square is a 90,935 SF shopping center located in the growing Arkansas small market of Hope. Positioned right off of N Hervey St with excellent visibility & access, this site provides a rare opportunity to lease sizeable space along the main retail corridor in the market.
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Listing Agency: W Inc.
Listed By: Jennifer Reynolds
Source: Moodyscre
Added: Aug 3 Changed: Nov 10 Last Checked: Nov 10 at 11:16AM

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 W Inc.

Rey
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Investment Insights

Based on property information with market context.

The offering is identified as 7,000 square feet of retail space within Hervey Square, a 90,935-square-foot shopping center in Hope, Arkansas. The center is situated along N Hervey St and forms part of the city’s main retail corridor.

The property provides visibility and access from the surrounding retail route, with the listed address at 503 N Hervey St. Its shopping-center setting and retail-oriented positioning support consideration by businesses seeking space in Hope’s established commercial area.

Key Highlights

  • 7,000 SF retail space
  • Located within the 90,935 SF Hervey Square shopping center
  • Positioned along Hope’s main retail corridor

Property Analytics

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

Current Use

Dollar General Discount Store

Suggested Use

Top Pick Real Estate Agency HVAC Service Parking Lot & Garage Skin Care Clinic Cafe & Coffee Shop Computer & Electronic Repair

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

Multi-tenant
Tenancy
Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

459
Businesses Nearby
47k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 58% Dining 41% Electronics 1%
SONIC Drive In Dining
10,724 visits/mo 0.3 miles
Mobil Shops & Services
6,415 visits/mo 0.3 miles
Family Dollar Shops & Services
6,369 visits/mo 0.4 miles
Farmers Bank Shops & Services
4,756 visits/mo 0.5 miles
Domino's Pizza Dining
4,509 visits/mo 0.3 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

Similar Off Market Nearby

  • Hope Village Shopping Center — E 3rd St, Hope, AR 71801
  • North Hervey Street Shopping Center — 535 N Hervey St, Hope, AR 71801

Frequently Asked Questions

What type of property is this?
Shopping center - Retail space fronts Hope’s primary retail corridor with access from N Hervey St.
Where is this shopping center located?
The property is located at 503 N Hervey St Hope, AR.
What are key features of this property?
This property features: 7,000 SF retail space; Located within the 90,935 SF Hervey Square shopping center; Positioned along Hope’s main retail corridor
(214) 244-0961 · Office Call to check price and availability
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