101 N Poplar St - Storefront FOR SALE


Searcy, AR 72143
$2,800,000 USD
870-284-4448
101 N Poplar St, Searcy, AR for Sale
$2,800,000 USD
Storefront - FOR SALE
1/7
null | Request Cap Rate

101 N Poplar St
Searcy, AR 72143


HIGHLIGHTS

  • Two (2) 30,000 SF Big Box Purchase Opportunities in Newly Re-Developed Shopping Center
  • Center Anchored by Ashley HomeStore, JC Penney, Maurices, & Hibbett Sports
  • Exposure to Nearly 50,000 Cars Per Day with US Highway 64 & Race St.
  • Bix Box Space (+/- 30,000 SF x 2) Offers Multiple Overhead Doors & Truck-Height Loading Dock
  • +/- 0.81 AC PROPOSED Outparcel Available FOR LEASE / FOR SALE

OVERVIEW

TWO (2) 30,000 SF BIG BOX PURCHASE OPPORTUNITIES AVAILABLE AT $2,800,000.00 EACH! Haag Brown Commercial is proud to offer PRIME retail lease & purchase opportunities within the newly re-developed Midtown @ I-57 shopping center in Searcy, Arkansas! This sought-after retail destination is prominently located along Interstate 57, offering strategic positioning & high visibility for businesses to over 23,000 cars per day! The established Midtown @ I-57 / Town & Country Plaza is home to renowned national brands like Ashley Homestore, JC Penney, Bath & Body Works, Maurices, Gamble Home, along with Hibbett Sports, providing a strong retail presence in the area. With direct access from Race St., one of Searcy's major thoroughfares with over 26,000 cars per day, & exceptional exposure to Interstate 57, this plaza ensures maximum brand recognition & foot traffic. Current leasing availability includes the former Tractor Supply big-box space consisting of approximately 30,000 SF; the former Big Lots box consisting of approximately 30,000 SF; along with up to 6,000 SF of adjacent small-shop space that is currently under construction. In addition, the center boasts a spacious parking lot to accommodate a high volume of customers, enhancing accessibility & convenience. Purchase opportunities include the two (2) vacant +/- 30,000 SF big box spaces formerly occupied by Tractor Supply Co. & Big Lots. These spaces are available FOR SALE at $2,800,000.00 each. In addition, owner has proposed a +/- 0.81 AC outparcel that is also available for sale ($795,000.00) & for lease ($75,000.00/YR). Exciting plans are in progress to modernize & revitalize this section of the shopping center, promising a fresh & engaging retail environment for both tenants & visitors. Furthermore, a tenant allowance is available to assist in customizing & tailoring the space to meet Tenant requirements.

FOR SALE DETAILS

PRICE

$2,800,000 USD

PRICE/SF

$31 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

STATUS

Under Renovation

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Midtown @ I-57 - Big Box Space For Sale

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1983

SPRINKLERS

-

PARKING SPACES

100

LAND DETAILS

LAND ACRES

7.06 AC

LAND SF

307,534 SF

ZONING

C-2

APN/PARCEL ID

016-09938-002

ASK ABOUT THIS PROPERTY

Zac QuallsHaag Brown CommercialMore Info
870-284-4448

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Zac QuallsHaag Brown CommercialMore Info
870-284-4448

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.