Property profile

449 Court St Jasper, AR 72641

OFF-MARKET
Retail properties & Spaces
10,588 SF
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Property summary

AI-generated overview

This exceptional 10,588-square-foot freestanding retail building is available for sublease in Jasper, Arkansas. Situated on a sizable 1.58-acre lot at 449 W Court St, this single-story Class C property offers significant commercial potential. The entire 10,588 square feet is currently vacant, providing a blank canvas for a new tenant. The building enjoys a prime location in Jasper, benefiting from high visibility on Court Street, with an estimated 4,000 vehicles passing daily. Nearby businesses include Dollar General, Harps, Ozark Cafe, and Jasper High School, ensuring convenient access to local amenities and a built-in customer base. The property's strategic position offers easy access to Arkansas 74 W, located just a quarter mile away. The sublease rate is $6.00 per square foot on a triple-net basis. This presents a unique opportunity for businesses seeking a prominent location in a charming small-town setting. The property consists of one building and is situated in Newton County, Arkansas, zip code 72641.

Property profile

Verified
Property type Retail properties & Spaces
Total area 10,588 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Discount Store

Location

449 Court St Jasper, AR 72641
Jasper 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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