1009 N Hervey St, Hope, AR 71801
1009 N Hervey St, Hope, AR 71801
1009 N Hervey St, Hope, AR 71801
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Stan Robison

Stan Robison

+1(479) 883-2966
$539,000
Est. payment /mo
6,012 SqFt
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Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 6,012 sqft

Price per Sqft $89

MLS Listing ID 1354985

HOA Y/N No

Year Built 1984

Lot Size 1.170 Acres

Acres 1.17

Property Sub-Type Retail

Property Description

This fully-leased, three-tenant retail center at 1009 N Hervey St offers investors a rare combination of strong in-place income and an outstanding 11% cap rate. The 6,000 SF building is 100% occupied by a mix of national, regional, and local tenants, providing built-in diversification and reduced rollover risk. All leases are structured as NNN or modified gross, minimizing landlord responsibilities and supporting stable, low-management cash flow. The sale also includes an adjacent 0.83-acre vacant lot behind the building, offering future expansion, outparcel development, or additional parking potential. Positioned along a well-traveled Hervey Street corridor in Hope, Arkansas, this is a turnkey investment opportunity for a buyer seeking dependable returns with upside.

Location

State AR

Direction From I-30 Take exit 30 onto N Hervey St. Head east and the property will be on your left next to Super 1 Foods.

Exterior

Present Use Retail

Road Frontage Main Thoroughfare

Building

Lot Description Central Business District

New Construction No

Others

Special Listing Condition None

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Listed by Lindsey & Associates Inc

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Stan Robison

Stan Robison

+1(479) 883-2966

Principal Broker Arkansas Principal Broker PB00077598Oklahoma Broker 208613

Principal Broker Arkansas Principal Broker PB00077598Oklahoma Broker 208613

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