50 Highway 79 N - Storefront FOR SALE
Magnolia, AR 71753 |
$4,375,000 USD
786-522-7086
50 Highway 79 N
Magnolia, AR 71753
HIGHLIGHTS
- Adjacent to the only Walmart Supercenter in Magnolia, the Most Powerful Retail Driver in the Trade Area
- Diversified Tenant Roster Featuring a Mix of National, Regional, and Service-Oriented Tenancy
- Including Dollar Tree, Verizon, CATO, Jimmy John’s, Shoe Show, and Medical Users, Creating Durable Daily Traffic and Income Stability
- Magnolia Shopping Center is Offered at an Attractive Basis of Approximately $123 PSF, Significantly Below Replacement Cost
- The Center Sits Along Highway 79 North, the Dominant Retail Artery in Magnolia, with Traffic Count of 11,000 VPD
- Immediate Upside through Lease-Up of 2,477 SF Vacant Space
FOR SALE DETAILS
PRICE
$4,375,000 USD
PRICE/SF
$123 USD /SF
CAP RATE
7.28%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Magnolia Shopping Center
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2000
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
5.62 AC
LAND SF
244,807 SF
ZONING
-
APN/PARCEL ID
01-06910-00000
ASK ABOUT THIS PROPERTY
Please correct the highlighted field(s).
786-522-7086
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
Please correct the highlighted field(s).
786-522-7086
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
