1009 N Hervey St, Hope, AR

House

For Sale

Listed price in listed location currency (USD).

$579,000

000

MLS® 1354985

Overview

Key Facts

Type Retail

Levels Commercial Sale

Size 6012 sqft

Garage

Taxes

Days Active 53

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

Map

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