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1009 N Hervey Street , Hope, AR 71801

$579,000
  • 1009 N Hervey Street , Hope, AR 71801 Main Photo

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Active
SQUARE FEET6,012 MLS#1354985
STATUSActive PROPERTY TYPECommercial - 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.

1009 N Hervey Street | MLS# 1354985

This commercial property located at 1009 N Hervey Street , Hope, AR 71801 is currently listed for sale with an asking price of $579,000. Search Hope real estate on www.clhomes.com today.

Property Features

Property Type: Commercial - Retail
Lot Size: 1.17 Acres
Year Built: 1984

Feature Descriptions

Days on Site: 33
Lot: Central Business District
Parcel#: 700-05141-000

Listed By / Shown By

Listed By

Agency Name: Lindsey & Associates Inc

Shown By

Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666

IDX logo

Source: NWAKBOR MLS

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