915 Main St Jacksonville, AR 72076-4025
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.
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Tax year 2024Comparables
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