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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

427 Us-425 Monticello, AR 71655

134,101 SF 35 ac lot Built 2011
Property ID
Property summary
AI-generated overview

Northpark Village Shopping Center, a premier retail property in Monticello, Arkansas, offers exceptional investment potential. This single-story, 134,101 square foot center boasts a prime location on US Highway 425, a highly trafficked route with 21,000 vehicles per day. Its strategic placement near the intersection of Hwy 278 W and US Hwy 425 ensures maximum visibility and accessibility. The center sits on 35 acres of land and includes 600 convenient surface parking spaces. Built in 2011, the property is zoned commercial and is currently home to a stable lineup of national tenants including Hibbett Sports, Bealls, CATO, and Pizza Hut, among others. Two retail spaces are currently available, ranging from 2,600 to 3,230 square feet, presenting a unique opportunity for expansion or new business ventures. The center's proximity to the University of Arkansas at Monticello (approximately 4,000 students, less than 3.5 miles away) further enhances its appeal. With over 3.4 million annual visitors, Northpark Village Shopping Center is the most visited shopping center within a 50-mile radius, making it an attractive investment opportunity in a thriving market. The property is located in Drew County, Arkansas, with the address being 427 US-425, Monticello, AR 71655.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2011
Total area 134,101 SF
Lot 35 ac (1,524,600 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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