810 Us-64 Wynne, AR 72396

Invest in Ridgeview Plaza, a thriving 26,552-square-foot shopping center in Wynne, Arkansas. This 100% occupied, multi-tenant property boasts 11 tenants, including Shoe Show, USDA/FSA/Soil Conservation, and other diverse businesses, many resistant to online competition. Located on a 6.28-acre lot on US Highway 64 East, the center benefits from high traffic counts exceeding 9,885 vehicles daily and a prominent location shadow-anchored by a Walmart Supercenter. Nearby national and regional retailers further enhance its appeal. Built in 2003, the property features ample parking and a double-sided monument sign. Recent improvements include the installation of solar panels in 2023, reducing utility costs. The current gross lease structure presents significant upside potential through conversion to triple-net leases. The asking price is $3,362,000, representing a price per square foot of $126.62 and an 8.17% cap rate. The strong tenant mix, prime location, and recent improvements make this a compelling investment opportunity. The 10-mile population is approximately 14,877 with an average household income of $63,658. The property offers a well-below-replacement-cost investment in a strong retail market.