308 Beebe Capps ExpySearcy, AR 72143

For Sale
$1,399,000

High-yield retail center in Searcy, AR.

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional 5,000 square foot shopping center presents a compelling investment opportunity in Searcy, Arkansas. Boasting a 100% occupancy rate and a strong 7.73% cap rate, this multi-tenant property offers a stable and attractive return on investment. Built in 2015, the center features three tenants, including a prominent Tropical Smoothie Cafe, and sits on a 0.877-acre lot. The property benefits from a triple-net (NNN) lease structure, minimizing landlord responsibilities. The strong tenant mix and high occupancy ensure a consistent income stream. The asking price is $1,399,000, with a net operating income (NOI) of $108,200. This well-maintained, single-story building provides a solid foundation for long-term growth and passive income generation. The property's prime location at 308 E Beebe Capps Expy in Searcy, White County, AR 72143, ensures high visibility and accessibility. The individual tenant spaces are 2,000 square feet (Tropical Smoothie Cafe), 1,750 square feet (AT&T), and 1,250 square feet (currently vacant). This presents an opportunity for immediate income and potential future rental growth. The property's strong financial performance, coupled with its desirable location and tenant mix, makes it an ideal addition to any investment portfolio. The $279.80 price per square foot reflects the value and potential of this exceptional retail property.

Highlights

  • $1,399,000 asking price.
  • $102,400 Net Operating Income (NOI).
  • 7.73% capitalization rate.
  • 5,000 square foot building.
  • Triple Net (NNN) leases in place.

Property Details for 308 Beebe Capps Expy

Property type
Lifestyle centers, Power centers
Square Feet
5,000 SF
Year Built
2015
Stories
1
Lot Size (sq. ft)
38,202 SF
Units
3

Location Insight

City
Searcy
County
White
State
Arkansas
Latitude
35.243370195868
Longitude
-91.734658441596
308 Beebe Capps Expy, Searcy, Arkansas
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