Map
Listed price in listed location currency (USD).
$579,000

000

MLS® 1354985

  • Key Facts
  • Description
  • Map

Key Facts

Type Retail
Levels Commercial Sale
Size 6012 sqft
Garage 
Taxes 
Days Active 5
Lot Size 1.17 Acres
Approx. Age 1984
Avg. Price Per Sqft $96
MLS® Number 1354985

Property Address: 1009 N Hervey St, Hope, AR, 71801-2615

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number1354985
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1984
Basement
Driveway
Garage Spaces
Heat
A/C

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jul 13, 2026List Date
$579,000List Price
  • Commute

Commute

Starting Address
Destination Address
1009 N Hervey St, Hope, AR

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