Property profile

1403 Hervey St Hope, AR 71801

OFF-MARKET
Retail properties & Spaces
Property ID
US05-1600042
71,826 SF 7.45 ac lot
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Property summary

AI-generated overview

This exceptional retail opportunity in Hope, Arkansas, presents 71,826 square feet of space across seven suites within the established Expo Centre. The center boasts a prime location directly off Interstate 30, ensuring high visibility and convenient access for customers. A significant portion of the center is already occupied by three national tenants: Dollar Tree (13,155 sq ft), Hibbett Sporting Goods, and Anytime Fitness, providing a strong anchor for the property. Currently, 12,790 square feet of retail space is available for lease, offering a chance to establish or expand your business in a thriving commercial area. The single-story building sits on a 7.45-acre lot. Tenants are responsible for their pro rata share of operating expenses. This well-maintained property offers excellent potential for growth and profitability, situated just 35 miles from the Texas state line, tapping into a broader regional market. The property's strategic location and established tenant base make it an attractive investment opportunity. Contact us today to learn more about this exceptional retail center and the available lease options.

Property profile

Verified
Property type Retail properties & Spaces
Total area 71,826 SF
Lot 7.45 ac (324,522 SF)
UPID US05-1600042

Cap rate & NOI

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

Location

1403 Hervey St Hope, AR 71801
Hope 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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