For Lease
$13/SF/YR

427 Us-425 Monticello, AR 71655

High-traffic retail center in Monticello, AR

Overview

Added:
Dec 11, 2024
Days on market:
127
Northpark Village Shopping Center, a premier retail property in Monticello, Arkansas, offers exceptional investment potential. This single-story, 134,101 square foot center boasts a prime location on US Highway 425, a highly trafficked route with 21,000 vehicles per day. Its strategic placement near the intersection of Hwy 278 W and US Hwy 425 ensures maximum visibility and accessibility. The center sits on 35 acres of land and includes 600 convenient surface parking spaces. Built in 2011, the property is zoned commercial and is currently home to a stable lineup of national tenants including Hibbett Sports, Bealls, CATO, and Pizza Hut, among others. Two retail spaces are currently available, ranging from 2,600 to 3,230 square feet, presenting a unique opportunity for expansion or new business ventures. The center's proximity to the University of Arkansas at Monticello (approximately 4,000 students, less than 3.5 miles away) further enhances its appeal. With over 3.4 million annual visitors, Northpark Village Shopping Center is the most visited shopping center within a 50-mile radius, making it an attractive investment opportunity in a thriving market. The property is located in Drew County, Arkansas, with the address being 427 US-425, Monticello, AR 71655.

Highlights

  • Top-performing retail center, drawing 3.4 million annual visitors within a 50-mile radius.
  • Strong national tenant roster including Hibbett Sports, Bealls, Cato, and Pizza Hut.
  • Excellent visibility and accessibility on high-traffic US Hwy 425 (21,000 VPD), near the University of Arkansas at Monticello.
  • Strategic location at the intersection of Hwy 278 W and US Hwy 425.
  • Ample parking with 600 surface spaces.

Property Details for 427 Us-425

Property type
Retail properties, Restaurants
RSF (Rentable sq. ft)
134,101 SF
Year Built
2011
Stories
1

Unit(s) available at that property

Space
Suite 122
Size
2,600 SF
Rate per SF
$13
Space
Suite 135
Size
3,230 SF
Rate per SF
$13

Location Insight

City
Monticello
County
Drew
State
Arkansas
Latitude
33.622684
Longitude
-91.802528
427 Us-425, Monticello, Arkansas

FAQs

What type of property is this?
Retail property - High-traffic retail center in Monticello, AR
Where is the retail property located?
The property is located at 427 Us-425 Monticello, AR.
What is the lease rate?
The lease rate is $13/SF/YR.
What are key features of this property?
This property features: Top-performing retail center, drawing 3.4 million annual visitors within a 50-mile radius.; Strong national tenant roster including Hibbett Sports, Bealls, Cato, and Pizza Hut.; Excellent visibility and accessibility on high-traffic US Hwy 425 (21,000 VPD), near the University of Arkansas at Monticello.
How can I contact the broker?
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427 Us-425
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