
1009 N Hervey St
Retail | 11.00% CAP | 6,000 SqFt
Marketing 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.
Investment highlights
- Outstanding 11% cap rate on in-place income
- 100% leased, 3-tenant retail center
- Mix of national, regional and local tenants
- NNN and modified gross lease structures
- 0.83-acre vacant lot behind property included in sale
- Turnkey, low-management investment opportunity
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