1408 Highway 67 S - Freestanding FOR SALE


Tuckerman, AR 72473
$50,000 USD
305-206-1286
1408 Highway 67 S, Tuckerman, AR for Sale
$50,000 USD
Freestanding - FOR SALE
1/10
null | Request Cap Rate

1408 Highway 67 S
Tuckerman, AR 72473


HIGHLIGHTS

  • ABSOLUTE $1 AUCTION | Former Dollar General | Built 1999 | AUCTION MARCH 2-4
  • 8,295 SF Freestanding Value-Add Retail on 0.9 Acres Available at Substantial Discount Below Replacement Cost
  • Former Dollar General with Open Floor, Rear Storage Room, and Side Door for Deliveries
  • Surrounding Traffic Generators: DG Market, Tuckerman High School, Shell, USPS, Tuckerman Elementary
  • Strategic Highway Frontage and Visibility on US Highway 67 (State Hwy 367N) with Traffic Counts of 4,623 VPD
  • Attractive Demographics with Annual Household Income of ±$57,953 (5-Mile)

OVERVIEW

Marcus & Millichap is pleased to present the opportunity to acquire a vacant, free-standing retail building located at 1408 Highway 67, Tuckerman, Jackson County, Arkansas 72473 (the “Property”). Formerly occupied by Dollar General, the Property is being offered significantly below replacement cost, creating an excellent opportunity for owner-users or investors to secure a highly visible retail asset with direct highway frontage at a compelling basis. FIRST BID MEETS RESERVE! Built in 1999, the Property consists of a ±8,295-square-foot, single-story free-standing retail building situated on ±39,235 square feet (±0.901 acres) with a concrete surface parking lot with 37 spaces. Constructed to modern design standards, the building features an open retail floor plan and a flexible footprint suitable for a wide range of commercial uses. The site is strategically positioned with ±150 feet of frontage along US Highway 67 (State Hwy 367) which sees approximately ±4,623 vehicles per day (VPD), ensuring visibility and accessibility. The Property was leased to Dollar General on a triple-net (NNN) basis and presents a value-add opportunity through lease-up at long-term market rates. Zoned Commercial District, the Property accommodates a wide range of commercial uses, enhancing its appeal to both a diverse variety of end-users and investors alike. Tuckerman, Arkansas is a small city in Jackson County in northeastern Arkansas strategically located along U.S. Highway?67, providing regional connectivity between Little Rock and the Mississippi River markets. The local economy is anchored by forest products, agriculture, manufacturing, and related service industries, with lumber and wood processing having long been core economic drivers. The site is strategically located along US Highway 67 and approximately 7-miles west of I-57 ensuring strong visibility and accessibility for both local residents and regional traffic. The 10-mile trade area has approximately ±13,219 residents with an average household income (AHHI) of ±$52,619, underpinned by the county’s role in timber and retail trade.

FOR SALE DETAILS

PRICE

$50,000 USD

PRICE/SF

$6 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

$1 Auction - REIT Sale-Former Dollar General

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1999

SPRINKLERS

-

PARKING SPACES

37

LAND DETAILS

LAND ACRES

0.9 AC

LAND SF

39,204 SF

ZONING

-

APN/PARCEL ID

010-00142-024

ASK ABOUT THIS PROPERTY

Philip KatesMarcus & MillichapMore Info
305-206-1286

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Philip KatesMarcus & MillichapMore Info
305-206-1286

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