2912 Alma Hwy Van Buren, AR 72956
Cloverleaf Plaza, located at 2912 Alma Highway in Van Buren, Arkansas, presents a prime retail investment opportunity. This single-story, 129,846 square foot center sits on an 11.29-acre lot and boasts 850 parking spaces, ensuring ample customer convenience. Built in 1969, the property currently has 33,340 square feet of vacant space available for lease, offering flexible options ranging from 4,000 to 21,340 square feet. The center enjoys a highly visible location along Alma Highway, a high-traffic corridor connecting major cities including Tulsa, Oklahoma City, Little Rock, and Memphis. This strategic position provides excellent accessibility to Interstates 40 and 540, resulting in an estimated 20,000 vehicles passing daily. Cloverleaf Plaza benefits from strong co-tenancy with established businesses such as Price Cutter, Subway, Dollar Tree, AutoZone, T-Mobile, and Planet Fitness, creating a vibrant and attractive retail environment. This property offers a unique chance to capitalize on the thriving Van Buren/Fort Smith market and its robust consumer base. The available spaces provide significant potential for growth and expansion within a well-established and successful retail center.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.