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    OFF-MARKET
    Lifestyle centers

    1211 Janet Dr, Searcy, AR 72143

    43,560 SF 1 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents outparcels within the thriving Searcy City Center, located at 1211 Janet Dr, Searcy, AR 72143. The property boasts a prime location at the intersection of Janet Drive and Beebe Capps Expressway (State Hwy 67/167), benefiting from high visibility and accessibility. The center is anchored by national retailers including Hobby Lobby, TJ Maxx, Ulta, Shoe Dept, Five Below, and Old Navy, ensuring a strong existing customer base. Additional nearby employers such as Harding University, Unity Health, and Walmart & Sam's Distribution Centers further contribute to the area's robust economic activity. The outparcels offer a build-to-suit opportunity, with the flexibility to subdivide lots to accommodate various development needs. The site features three ingress/egress points, enhancing convenience and traffic flow. The land is zoned C-3, allowing for a variety of retail uses. Available land sizes range from 1 to 2 acres, with a price per square foot ranging from $14 to $16. The existing shopping center totals 43,560 to 87,120 square feet and currently enjoys 85% occupancy. With Academy Sports soon to open, this property offers a unique chance to capitalize on Searcy's continued growth and become part of a thriving retail community. This is a multi-tenant, NNN lease property.

    Property profile
    Verified
    Property type Lifestyle centers
    Total area 43,560 SF
    Lot 1 ac (43,560 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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