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    FOR LEASE
    Retail properties & Spaces

    815 Rock St, Sheridan, AR 72150

    38,250 SF 3.16 ac lot Built 1974
    Entity Owned 3-yr Hold ~ Est. High Equity
    Property ID
    US05-1741125
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Mad Butcher Grocery & Convenience Store Food Market
    • Western Union Bank Credit Union
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $1.73M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $1.68M
    Owner & transaction history
    Hedden Deckard Properties LLC · 3 yrs held
    Hedden Deckard Properties LLC
    since 2023
    Last sale
    $1.7M
    1 recorded transaction
    2023
    $1.7M
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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