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    Lifestyle centers

    700 Sebastian St. West Helena Ar 72390, Helena-West Helena, AR 72390

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    This exceptional investment opportunity presents a multi-tenant retail center, HM Plaza, situated on a prime retail corridor in West Helena, Arkansas. The property boasts a total of 53,200 square feet and is anchored by a 40,000 square foot Home Hardware Center, which recently extended its lease through May 16, 2025. This provides strong, long-term income stability. The center enjoys a 100% occupancy rate, generating a Net Operating Income (NOI) of $210,112, resulting in an attractive 8.00% cap rate. The asking price is $2,626,395. HM Plaza benefits from its strategic location adjacent to a Wal-Mart Supercenter and other prominent retailers and service providers, ensuring high visibility and consistent traffic. With seven tenants and one vacancy offering upside potential, this property presents minimal landlord responsibilities, as the anchor tenant operates under a NNN lease. The property's strong demographics, with over 13,352 residents within a 5-mile radius, and a traffic count exceeding 11,000 vehicles per day on Sebastian Street, further enhance its investment appeal. The current lease term is 5 years, commencing May 17, 2020, and expiring May 16, 2025, with 0.5 years remaining. This well-positioned retail center offers a compelling investment opportunity for discerning buyers seeking strong cash flow and long-term growth potential.

    Property profile
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    Property type Lifestyle centers
    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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