915 Main St Jacksonville, AR 72076-4025
- Community centers
- 37,982 SF
- 2.48 lot acres
Current Use by Public Records
- Discount Bins / Discount Store
Property Details for 915 Main St
- Year built
- 1965
- Lot size
- 2.48 lot acres
- Property size
- 37,982 SF
- Property type
- Community centers
- APN
- 12J-041-00-072-00
- APU
- 12J0410007200
Description
Jacksonville Plaza, a prime retail investment opportunity, presents a 37,862-square-foot shopping center located at 915 West Main Street, Jacksonville, Arkansas 72076. This single-story, 1965-built property sits on a 2.48-acre lot and boasts a strong 100% occupancy rate with seven tenants under a triple-net (NNN) lease structure. The property generates a substantial net operating income (NOI) of $241,395, yielding a compelling 9.68% capitalization rate. Strategically positioned at a signalized intersection on a major Jacksonville arterial, with convenient access to Highway 67/167, the center benefits from high visibility and ample parking. Prominent pylon signage on Main Street further enhances its marketing potential. This core investment presents a stable and attractive return for discerning investors seeking a well-established, fully occupied retail asset in a thriving Arkansas market. The property's strong tenant mix and location contribute to its consistent performance and long-term growth prospects. The asking price is $2,495,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Jacksonville
- County
- Pulaski
- State
- Arkansas
- Longitude
- -92.1196
- Latitude
- 34.8666
- CBSA code
- 30780
- CBSA name
- LITTLE ROCK-NORTH LITTLE ROCK, AR METROPOLITAN STATISTICAL AREA
