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    416 Fourche Ave Perryville, AR 72126

    Sponsored
    For Lease
    $6 SF/Yr ($5,287 /Mo)

    Prime Perryville location, 8,200 sq ft, short-term lease.

    Lot size:
    9,400 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail opportunity presents a spacious 8,200-square-foot storefront building ideally situated at 416 S Fourche Avenue in Perryville, Arkansas. The property, part of a larger shopping center, sits on a one-acre lot and offers excellent visibility thanks to prominent pylon signage. Built in 1989, this single-story building boasts a total of 9,400 square feet, with the 8,200 square feet currently available for sublease. The building shares its location with the Arkansas Revenue Office, providing a high-traffic environment and increased customer exposure. The sublease rate is competitively priced at $6.75 per square foot, offering a flexible, short-term lease opportunity expiring in December 2024. This makes it an ideal solution for businesses seeking a temporary location or those looking to test a new market before committing to a long-term lease. The property's location in Perry County, Arkansas, provides easy access to local amenities and a strong customer base. This is a rare chance to secure a substantial retail space in a desirable location with a short-term commitment. Don't miss this chance to establish your business in this thriving area.

    Property Features for 416 Fourche Ave

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    9,400 SF
    Total Rate
    5287.5

    Building Details

    Year Built
    1989
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    8,200 SF
    Rate per SF
    $6

    HighLights

    • Lease expires December 31, 2024.
    • Arkansas Revenue Office is a co‑tenant.
    • Pylon signage opportunity available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Lifestyle centers

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Perryville
    County
    Perry
    State
    Arkansas
    Longitude
    -92.800866961346
    Latitude
    35.007288283218

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    Nearby Similar for Lease

    • $6 SF/Yr
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      Retail Space Available for Lease

      Retail space available for lease with pylon signage.
      410 N Fourche Ave, Perryville, AR 72126
      View Details

    FAQs

    What type of property is this?
    Lifestyle center - Prime Perryville location, 8,200 sq ft, short-term lease.
    Where is this lifestyle center located?
    The property is located at 416 Fourche Ave Perryville, AR.
    What is the lease rate?
    The lease rate is $6 SF/Yr.
    What are key features of this property?
    This property features: Lease expires December 31, 2024.; Arkansas Revenue Office is a co-tenant.; Pylon signage opportunity available.
    Request Owner's contact information
    416 Fourche Ave Perryville, AR 72126
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    Perryville, AR 72126
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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
    416 Fourche Ave Perryville, AR 72126
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