Listed by Haag Brown Commercial Real Estate and Development
$2,800,000
Proposed +/- 0.81 AC Outparcel
Details
Property Type Land
Sub Type Commercial
Square Footage 91,577
Acreage 0.810
Land | 0.81 acres
Marketing description
Haag Brown Commercial is proud to offer PRIME retail lease & purchase opportunities within the newly re-developed Midtown @ I-57 shopping center in Searcy, Arkansas!
This sought-after retail destination is prominently located along Interstate 57, offering strategic positioning & high visibility for businesses to over 23,000 cars per day!
The established Midtown @ I-57 / Town & Country Plaza is home to renowned national brands like Ashley Homestore, JC Penney, Bath & Body Works, Maurices, Gamble Home, along with Hibbett Sports, providing a strong retail presence in the area. With direct access from Race St., one of Searcy's major thoroughfares with over 26,000 cars per day, & exceptional exposure to Interstate 57, this plaza ensures maximum brand recognition & foot traffic.
Current leasing availability includes the former Tractor Supply big-box space consisting of approximately 30,000 SF; the former Big Lots box consisting of approximately 30,000 SF; along with up to 6,000 SF of adjacent small-shop space that is currently under construction. In addition, the center boasts a spacious parking lot to accommodate a high volume of customers, enhancing accessibility & convenience.
Purchase opportunities include the two (2) vacant +/- 30,000 SF big box spaces formerly occupied by Tractor Supply Co. & Big Lots. These spaces are available FOR SALE at $2,800,000.00 each. In addition, owner has proposed a +/- 0.81 AC outparcel that is also available for sale ($795,000.00) & for lease ($75,000.00/YR).
Exciting plans are in progress to modernize & revitalize this section of the shopping center, promising a fresh & engaging retail environment for both tenants & visitors. Furthermore, a tenant allowance is available to assist in customizing & tailoring the space to meet Tenant requirements.
Investment highlights
- Multiple Lease/Purchase Opportunities in Newly Re-Developed Shopping Center
- Center Anchored by Ashley HomeStore, JC Penney, Maurices, & Hibbett Sports
- Exposure to Nearly 50,000 Cars Per Day with US Highway 64 & Race St.
- Bix Box Space (+/- 30,000 SF x 2) Offers Multiple Overhead Doors & Truck-Height Loading Dock - AVAILABLE FOR SALE
- Tenant Improvement Allowance Available
- New Small Shop Space Currently Under Construction (+/- 6,000 SF)
Listing Contacts
Listed by Haag Brown Commercial Real Estate and Development
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