1515 East Harding St, Morrilton, AR 72110
Riverland Shopping Center presents a unique opportunity for retail businesses seeking high visibility and strong foot traffic. This established shopping center, located in Morrilton, Arkansas, boasts 80,000 square feet of retail space spread across two buildings. The property enjoys an exceptional location on Morrilton's busiest road, ensuring maximum exposure to potential customers. Its prime position offers excellent visibility from East Harding Street, a key thoroughfare in the area. Ample parking is available for both tenants and shoppers, enhancing convenience and accessibility. The center's strategic proximity to Interstate 40 and Morrilton High School guarantees a consistent flow of traffic and a diverse customer base. Spaces range from a minimum of 4,000 square feet to a maximum contiguous space of 21,000 square feet, with 30,000 square feet currently vacant. Currently, successful businesses such as Ortega's Mexican and North Plaza Nutrition call Riverland Shopping Center home, creating a thriving retail environment. This is an exceptional opportunity to establish or expand your business in a well-established and highly visible location within Conway County. The property's strong tenant mix and convenient location make it an ideal investment for discerning businesses seeking a prime retail space in a growing market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.