This freestanding retail property at 145 North School Street in Bearden, Arkansas, offers a compelling value-add opportunity for investors or owner-users. Constructed in 2014, the building spans approximately 8,489 square feet on a 0.64-acre parcel and includes 30 surface parking spaces with dual ingress and egress points. Previously occupied by Family Dollar under a triple-net lease, the property is now vacant and available at a price significantly below replacement cost, creating strong upside potential.
Strategically located at the hard corner of North School Street and 1st Street NW (US-79 Business), the site benefits from excellent visibility and accessibility. The property sits along a key commercial corridor in Bearden, a community positioned on U.S. Highway 79 with convenient access to Interstate 30, connecting to Little Rock (90 miles northeast) and Texarkana (75 miles southwest). Surrounding traffic generators include Dollar General, Bearden High School, Bearden Health Center, USPS, and local banking institutions, ensuring steady consumer activity.