Brand New, Income Producing Center

6,637 SF | Vacant | Retail Building | Paragould, AR 72450 | $1,440,000 ($217/SF)

Date Added:
May 17, 2024
Days on Market:
28 days

Asking Price $1,440,000

Property Type
Retail, Restaurant
Square Feet
6,637 SF
Price / Square Foot
$217

Listing Contacts

Joshua Brown
Joshua Brown
Verified Profile
Mason Coy
Mason Coy
Verified Profile
  • Property Info

Property Overview

HB is excited to introduce a remarkable investment opportunity in the heart of Paragould’s dominant retail trade area. This brand-new retail/office center, anchored by Laundry Express, offers over 4,000 square feet of versatile lease space, making it an ideal choice for both savvy investors and owner/users seeking to generate income.
Strategically positioned amidst a vibrant commercial landscape, all major retail and restaurant players can be found within a one mile radius of the 0.93 acre site and include Big Lots, Five Below, Belk, Lowe's, Dollar Tree, Aldi, Wendy’s, Chili’s, Zaxby’s, Starbucks, Freddy's Frozen Custard & Steakburgers, KFC, Taco Bell, Waffle House, and a bustling Wal-Mart Super Center.
In addition to its strategic location, the new 6,637 square foot center is a remarkable value, available at a price significantly lower than the cost of replication - even if you were starting from scratch on a completely free lot. It's modern architecture, storefronts and abundant parking - available in both the front and rear of the building - make it an extremely wise (and easy) investment choice.
Don't miss out on this rare opportunity to own an A++ piece of real estate which is primed for success for years to come.

Property Details

Class
B
Year Built
2021
Stories
1
Property Subtype
Freestanding, Storefront Retail/Office, Medical
Lot Size (sq. ft)
40,511 SF

Highlights

  • Brand New Retail/Office Center Price Well Below Replacement Cost
  • Well Positioned in Paragould's Dominant Retail Trade Area
  • Surrounded by National Retailers, Cinema, & Walmart Supercenter
  • Anchored by Laundry Express
  • Up to +/- 4,639 SF Available for Lease
  • Ideal for Owner/Users Seeking to Generate Income

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