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Move-in Ready Searcy Office Space
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1507 E Race Ave, Searcy, AR 72143

3,450 sq ft office space in prime Searcy location.

Property Size10,000 SF
Days on Market958

Property Features for 1507 E Race Ave

General Information

Standard status Active
Size 10,000 SF
Property subtype Office
Occupancy 66%
Lease Type NNN
Investment Type Value Add

Building Details

Tenancy Multi
Listing Agency: Crescent LLC
Listed By: Russell Watson · License #PB00069336
Source: Crexi
Added: Jan 5, 2024 Changed: Aug 13 Last Checked: Aug 20 at 12:25AM

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 Crescent LLC

Investment Insights

Based on property information with market context.

This move-in ready property at 1507 E. Race Avenue, Searcy, AR 72143, offers a leasing opportunity with 3,450 square feet of flexible office space. The location provides convenient access to Harding University, Downtown Searcy, and surrounding businesses and restaurants. The property features 14 private offices with potential for more shared office space, a large reception and waiting area, and ample storage space, including a dedicated server/file room. On-site parking is available for clients and staff. Situated in the heart of a major trade area, the property is in close proximity to local dining, shopping, and the Harding University campus. The property is currently occupied by co-tenants State Farm and Restore Hope. This end user opportunity includes two tenants with leases in place.

Key Highlights

  • 3,450 sq ft of versatile office space suitable for various business needs.
  • Prime location in Searcy, AR, offering high visibility and easy access to Harding University, Downtown Searcy, and surrounding businesses.
  • Existing tenants (State Farm and Restore Hope) provide immediate income and established business environment.

Property Analytics

Current Use

Re/Max Advantage: Laws ... Real Estate Agency ATM (Regions Bank) Atm Families Inc Family Counselor Leah Norton Foster Care Service Brian Mcglenn Counselor

Suggested Use

Top Pick Law Firm Bakery Real Estate Agency Kitchen & Bath Showroom Carpet & Flooring Store (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

683
Businesses Nearby

Demographics for 72143, AR

35,111
Population
14,948
Households
2.3
Avg Household Size
37
Median Age
27%
College-Educated
89%
High-School Grad
302.1 sq mi
ZIP Area
116
Density / Sq Mi
$55,522
Median Household Income
$33,315
Median Earnings
$851
Median Rent
$176,900
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office units - 3,450 sq ft office space in prime Searcy location.
Where is this office units located?
The property is located at 1507 E Race Ave Searcy, AR.
What are key features of this property?
This property features: 3,450 sq ft of versatile office space suitable for various business needs.; Prime location in Searcy, AR, offering high visibility and easy access to Harding University, Downtown Searcy, and surrounding businesses.; Existing tenants (State Farm and Restore Hope) provide immediate income and established business environment.
More about this property
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