1927 Beebe Capps ExpySearcy, AR 72143
43,022 SF, 8.45% Cap Rate, Value-Add
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 92
Highlights
- Exceptional mixed-use investment property in Searcy, AR, offering a value-add opportunity.
- 43,022 SF building on a 2.7-acre lot with a diverse tenant mix (medical, office, retail), currently 77% occupied.
- 16 units with gross leases, scheduled rent increases, projected NOI of $212,762, and a pro-forma cap rate of 9.48%.
- Current NOI is $198,554, asking price is $2,350,000 ($54.62/SF).
- High-visibility location on AR Highway 36, near key businesses and amenities.
- Below-market rents and vacancy potential for increased returns; leases extend to 2029.
Property Details for 1927 Beebe Capps Expy
- Property type
- Other retail properties, Other office properties
- Square Feet
- 43,022 SF
- Lot Size (sq. ft)
- 117,612 SF
- Units
- 16
Location Insight
- City
- Searcy
- County
- White
- State
- Arkansas
- Latitude
- 35.247229251374
- Longitude
- -91.759057018662
Nearby Similar for Sale
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