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    Service Rd West Memphis, AR 72301

    For Lease
    Contact for pricing

    High-traffic Kroger Outparcel, 6,000 SF Available

    Lot size:
    6,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 6,000-square-foot retail space is situated in a prime West Memphis, Arkansas location, offering unparalleled visibility and accessibility. Located as a standalone building on West Service Rd, 72301, this outparcel enjoys the significant traffic generated by an adjacent Kroger grocery store, ensuring high foot traffic and strong brand recognition for any tenant. The entire building is currently vacant, presenting a unique opportunity for a single tenant to occupy the entire space, or for multiple tenants to collaborate on a shared space. The property is classified as retail commercial and is suitable for a wide range of businesses. Its convenient location near a major grocery anchor provides a built-in customer base and significant exposure to a dense population. The property's ample square footage allows for flexible layout options to accommodate various business needs. With its strategic location and substantial size, this property represents a rare opportunity for businesses seeking high visibility and a strong customer base in a thriving West Memphis market. The property is ready for immediate occupancy, offering a blank canvas for a new business venture or expansion. Interested parties are encouraged to inquire promptly to secure this exceptional retail space.

    Property Features for 0 Service Rd

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    6,000 SF

    Unit(s) available at that property

    Space
    Suite 1
    Size
    6,000 SF

    HighLights

    • High‑visibility outparcel building adjacent to a new Kroger, situated at the I‑40 & I‑55 interchange in West Memphis, AR.
    • 6,000 square feet of retail space available for lease.
    • Strong retail co‑tenancy including Walmart, Tractor Supply, and other national brands.
    • High traffic counts: W Service Rd (13,000 AADT) and I‑40 (38,000 AADT).
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    West Memphis
    County
    Crittenden
    State
    Arkansas
    Longitude
    -90.2048389
    Latitude
    35.1658485

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    FAQs

    What type of property is this?
    Retail property - High-traffic Kroger Outparcel, 6,000 SF Available
    Where is this retail property located?
    The property is located at Service Rd West Memphis, AR.
    What are key features of this property?
    This property features: High-visibility outparcel building adjacent to a new Kroger, situated at the I-40 & I-55 interchange in West Memphis, AR.; 6,000 square feet of retail space available for lease.; Strong retail co-tenancy including Walmart, Tractor Supply, and other national brands.
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    Service Rd West Memphis, AR 72301
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    West Memphis, AR 72301
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Service Rd West Memphis, AR 72301
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