1500 Dewitt Henry DrBeebe, AR 72012

This exceptional investment opportunity presents a 10,800 square foot, two-story Class B mixed-use building located at 1500 W Dewitt Henry Dr, Beebe, AR 72012. The property, built in 1982 and situated on a 0.69-acre lot, offers a compelling blend of retail, office, and bank space. Currently operating under a NNN lease structure with a multi-tenant occupancy of 50%, the building boasts a strong pro-forma NOI of $108,603 and a 9.05% cap rate. The first floor, encompassing 5,000 square feet, is ideally suited for owner-occupancy or lease, potentially as a bank given its existing infrastructure including a two-car drive-thru. The second floor, completely remodeled in 2018, including a new TPO roof, is currently occupied by a national tenant under a lease with 3 years remaining. This floor features professional office space, an elevator, and separate entrance/exit points. The property is conveniently located across from the ASU-Beebe campus. Tenant improvement allowances are available. This is a rare opportunity to acquire a well-positioned mixed-use property in a growing market with significant upside potential. The building consists of one building with two stories.