10 Town Square St, Greenwood, AR 72936
Multi-unit investment property on Greenwood's Historic Town Square.
- Added:
- Jul 11, 2024
- Days on Market:
- 726
- Last Refresh:
- Jul 4 at 6:04 am
Property Features for 10 Town Square St
General Information
- Standard status
- Active
- Size
- 5,770 SF
- Property subtype
- Retail
Listing office Ghan & Cooper Commercial Properties (479) 478-6161
Listing date Jul 11, 2024
Source Crexi
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 Ghan & Cooper Commercial Properties
HighLights
- Multi‑unit investment property
- Located on the Historic Town Square of Greenwood, Arkansas
- Five unique spaces set up for various retail and office tenants at 10 Town Square
- Large retail space at 12 Town Square, formally occupied by Cricket wireless
- Commercial property
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $69.2k | $12.00 |
| − Vacancy | −$4.6k | −$0.79 |
| EGI | $64.7k | $11.21 |
| − OpEx | −$19.4k | −$3.36 |
| NOI | $45.3k | $7.85 |
Alternative Uses
Current Use by Public Records
Map
- City
- Greenwood
- County
- Sebastian
- State
- Arkansas
- Longitude
- -94.226
- Latitude
- 35.1865
