803 Commerce Blvd Hope, AR 71801
- Specialty properties
- 10,450 SF
Current Use by Public Records
- Specialty properties
Property Details for 803 Commerce Blvd
- Property size
- 10,450 SF
- Property type
- Specialty properties
- Property subtype
- Investment properties
Description
This exceptional net-lease investment opportunity is located in Hope, Arkansas, at 803 W Commerce Blvd, 71801. The property, a special purpose building encompassing approximately 10,450 to 10,550 square feet, is strategically situated within Hope's vibrant retail corridor. Currently master-leased at $12.00 per square foot, on a triple-net (NNN) basis, the property boasts a diverse tenant mix including H&H Fitness, Big H Coffee, and Evolution Combat Sports, among others. This ensures a stable and diversified income stream. The asking price for this turnkey investment is $1,575,000. The property's prime location and strong tenant occupancy make it an attractive proposition for investors seeking a high-yield, low-management investment in a thriving Arkansas market. The property's size and tenant diversity offer significant potential for long-term growth and appreciation. This is a rare opportunity to acquire a well-established, income-producing property in a desirable location. Detailed financial information and lease agreements are available upon request.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Hope
- County
- Hempstead
- State
- Arkansas
- Longitude
- -93.6046
- Latitude
- 33.6821
