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34371566
34371564

1009 N Hervey St, Hope, AR 71801-2615

JP
AR SA 00067378
Lindsey & Associates Fayetteville
Listed by Lindsey & Associates Fayetteville
$579,000
2 days on market
Updated 2 days ago

1009 N Hervey St

Details
Property Type Retail
Sub Type Shopping Center
Square Footage 6,000
Cap Rate 11.00%
Occupancy 100%
Tenancy Multi
Lease Type NNN
Acreage 0.830
Investment Type Stabilized

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

Listing Contacts

JP
AR SA 00067378
Lindsey & Associates Fayetteville
Listed by Lindsey & Associates Fayetteville

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Zoning

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I-1 IndustrialHeavy Industrial District
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Last updated Apr 16, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Additional Information

Name
Jeff Pederson
License
SA 00067378
Brokerage
Lindsey and Associates, Inc.
Brokerage Phone
479-531-6611
Title
Sales Associate
Brokerage Address
1200 East Joyce Boulevard
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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