Property Map
Street View
Courtesy of Fonville Morisey/Brier Creek S, Howie Freiling.
Description
Investment opportunity or end user investment space. 10 unit retail/flex strip mall. Can be 10 individual units or combined into larger groupings. Excellent location on major highway artery, hwy 70 east. Units 4780 -4788 was built in 1997. Units 4790-4798 was built in 2007. Well suited for retail, office, medical, religious or distribution space. One unit already has kitchen area in place. Another unit has unfinished industrial space. Different configurations per unit and all units adaptable. Large parking area in front (35 spaces) and also space behind the building to add more structures, uses and additional parking. Possible to even add storage units. ‘Property is currently 50% leased. Huge opportunity for rental increases. Currently $3900 in monthly rental income at half occupied. Potential for $8000 to $10,000 in monthly income when fully occupied.
Property Details and Features
Property Access
- Accessibility Features: “Accessible Approach with Ramp”, “Level Flooring”
- Road Frontage Type: “Highway”, “State Road”, “4 Lane Road”, “Divided Road”
- Road Surface Type: “Asphalt”, “Paved”
Appliances & Equipment
- Appliances: “Water Heater”
Building
- Building Area Total: 16160
- Building Area Units: Square Feet
- Building Features: “Cable TV”, “High Speed Internet”, “Total Area Cooled”, “Total Area Heated”
- Construction Materials: “Brick”, “Steel Siding”
- Living Area Units: Square Feet
- Living Area: 16160
- Structure Type: “Flex”, “Retail”, “Site Built”
- Year Built: 1997
- Number Of Units Total: 10
Cooling
- Cooling: “Central Air”, “Electric”, “Heat Pump”
- Cooling Included
Exterior Features
- Exterior Features: “Awning(s)”, “Rain Gutters”
Floors
- Flooring: “Carpet”, “Concrete”, “Linoleum”
Foundation
- Foundation Details: “Slab”
Heating
- Heating: “Central”, “Electric”, “Forced Air”, “Heat Pump”
- Heating Included
Listing
- Days On Market: 26
- Lease Term: Month To Month
- Possible Use: “Commercial”, “Industrial”, “Investment”, “Medical/Dental”, “Mixed Use”, “Office”, “Place of Worship”, “Retail”, “Warehouse”
Lot
- Lot Features: “Cleared”, “Paved”
- Lot Size Acres: 1.92
- Lot Size Area: 1.92
- Lot Size Dimensions: 293 x 304 x 267 x 304
- Lot Size Square Feet: 83635.2
- Lot Size Units: Acres
- Parcel Number: 28802019, 28803068
Property
- Property Sub Type: Retail
- Zoning: Rural AR
Roof
- Roof: “Metal”
Sewer
- Sewer: “Septic Tank”
Taxes
- Tax Annual Amount: 7450
Utilities
- Utilities: “Cable Available”, “Cable Connected”, “Electricity Connected”, “Natural Gas Not Available”, “Phone Available”, “Septic Connected”, “Water Connected”
- Water Source: “Public”