5536 Central Ave - Supermarket FOR SALE


Hot Springs, AR 71913
$5,322,300 USD
404-441-3849
5536 Central Ave, Hot Springs, AR for Sale
$5,322,300 USD
Supermarket - FOR SALE
1/5
null | 6.75% Cap Rate

5536 Central Ave
Hot Springs, AR 71913


HIGHLIGHTS

  • Located along Central Avenue (8,200 VPD), just feet from its intersection with Amity Road (3,300 VPD).
  • Less than 3 miles southwest of the 658,117 SF Uptown Hot Springs Mall.
  • 5.5 MSF of retail, 1.1 MSF of office, 2,674 multifamily units and more than 1,885 hotel rooms within a 5-mile radius.
  • Retailers in the surrounding area include Walmart Supercenter, Ross Dress for Less, Hobby Lobby, Harbor Freight, Kroger, Dollar General, and more.

OVERVIEW

CBRE is pleased to offer for sale the 32,822-square-foot Harps Food Store situated on 5.19 acres in Hot Springs, AR (MSA Population: 100,977). Harps' absolute NNN lease features ±8.5 years of term remaining with eight 5-year renewal options.

FOR SALE DETAILS

PRICE

$5,322,300 USD

PRICE/SF

$162 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Harps Hot Springs, AR (Central Ave)

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Supermarket

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2013

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

5.19 AC

LAND SF

226,076 SF

ZONING

-

APN/PARCEL ID

200-50500-011-000C

ASK ABOUT THIS PROPERTY

Christopher BosworthCBRE, Inc.More Info
404-441-3849

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Christopher BosworthCBRE, Inc.More Info
404-441-3849

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