Property profile

Magnolia, AR 71753

OFF-MARKET
Lifestyle centers
83,603 SF 4.69 ac lot
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Property summary

AI-generated overview

University Shopping Center, a single-story retail property in Magnolia, Arkansas, presents a compelling investment opportunity. Located at the intersection of N. Frederick and E. Main Street, this 83,603 square foot center boasts a prominent location and high visibility. Currently, there are eight available retail spaces ranging in size from 2,320 to 37,512 square feet, offering flexibility for a variety of businesses. The property sits on a substantial 4.69 acres of land, providing ample parking and potential for future expansion. The existing tenant mix includes established national brands such as Mac's Fresh Market, Stage, It's Fashion Metro, McDonald's, and Burger King, demonstrating strong market demand and a proven track record. The building's total square footage is 83,603 square feet, with 71,864 square feet currently vacant, presenting a significant opportunity for lease income generation. The property is conveniently located in Columbia County and easily accessible via E. North Street. This prime retail location offers exceptional potential for growth and profitability, making it an ideal investment for savvy entrepreneurs and experienced investors seeking a strong foothold in a thriving market. The property's size and location make it suitable for a variety of retail concepts, from smaller boutiques to larger anchor tenants. The existing tenant base provides a strong foundation for future success.

Property profile

Verified
Property type Lifestyle centers
Total area 83,603 SF
Lot 4.69 ac (204,296 SF)

Cap rate & NOI

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

Location

Magnolia, AR 71753
Magnolia 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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