For Sale
$1,575,000

803 Commerce BlvdHope, AR 71801

High-return sports & entertainment complex.

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional net-lease investment opportunity is located in Hope, Arkansas, at 803 W Commerce Blvd, 71801. The property, a special purpose building encompassing approximately 10,450 to 10,550 square feet, is strategically situated within Hope's vibrant retail corridor. Currently master-leased at $12.00 per square foot, on a triple-net (NNN) basis, the property boasts a diverse tenant mix including H&H Fitness, Big H Coffee, and Evolution Combat Sports, among others. This ensures a stable and diversified income stream. The asking price for this turnkey investment is $1,575,000. The property's prime location and strong tenant occupancy make it an attractive proposition for investors seeking a high-yield, low-management investment in a thriving Arkansas market. The property's size and tenant diversity offer significant potential for long-term growth and appreciation. This is a rare opportunity to acquire a well-established, income-producing property in a desirable location. Detailed financial information and lease agreements are available upon request.

Highlights

  • $1,575,000 asking price for a net-lease investment opportunity.
  • Special purpose property, 10,450-10,550 square feet.
  • Located at 803 W Commerce Blvd, Hope, AR 71801.
  • Sports/Entertainment and Investment subtype; $12/SF price.
  • Master-leased to multiple tenants including H&H Fitness, Big H Coffee, and Evolution Combat Sports.

Property Details for 803 Commerce Blvd

Property type
Specialty properties, Investment properties
Square Feet
10,450 SF

Location Insight

City
Hope
County
Hempstead
State
Arkansas
Latitude
33.682099504624
Longitude
-93.604570269711
803 Commerce Blvd, Hope, Arkansas

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803 Commerce Blvd
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