Property profile

1211 Janet Dr Searcy, AR 72143

OFF-MARKET
Lifestyle centers
43,560 SF 1 ac lot
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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

Location

1211 Janet Dr Searcy, AR 72143
Searcy metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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