Property profile

815 Rock St Sheridan, AR 72150

FOR LEASE
Retail properties & Spaces
Property ID
US05-1741125
38,250 SF 3.16 ac lot Built 1974
Entity Owned 3-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional retail opportunity in Sheridan, Arkansas, presents a former grocery store location at 815 Rock Street, offering 26,020 square feet of leasable space at a rate of $4.95 per square foot, triple net (NNN). The property sits on a 3.21-acre lot and boasts ample parking with approximately 100 spaces. Benefitting from high visibility and strong traffic counts, averaging approximately 7,500 vehicles daily, this location provides excellent exposure for a variety of retail businesses. The single-story building, constructed in 1974, features a spacious layout with an 18-foot ceiling height, offering flexibility for diverse retail configurations. Located in Grant County, this property is well-suited for businesses seeking a prominent presence in a thriving community. The property's size and location make it ideal for a variety of retail uses. The total building size is 38,250 square feet, with multiple tenants possible. This is a prime opportunity to establish or expand a retail operation in a high-traffic area of Sheridan, Arkansas. The property's accessibility and spacious design support seamless operations and a positive customer experience.

Property profile

Verified
Property type Retail properties & Spaces
Use group ROADSIDE MARKET
Year built 1974
Total area 38,250 SF
Lot 3.16 ac (137,650 SF)
APN 700-01084-000C
UPID US05-1741125

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Grocery & Convenience Store Food Market
  • Bank Credit Union

Location

815 Rock St Sheridan, AR 72150
Sheridan metro Census 470401 LITTLE ROCK-NORTH LITTLE ROCK, AR METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.73M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.49M

Owner & transaction history

since 2023
Last sale
$1.7M
1 recorded transaction
2023
$1.7M

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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