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Magnolia, AR 71753

Magnolia, AR: 8 Retail Spaces Available

Overview

Added:
Dec 11, 2024
Days on market:
138
University Shopping Center, a single-story retail property in Magnolia, Arkansas, presents a compelling investment opportunity. Located at the intersection of N. Frederick and E. Main Street, this 83,603 square foot center boasts a prominent location and high visibility. Currently, there are eight available retail spaces ranging in size from 2,320 to 37,512 square feet, offering flexibility for a variety of businesses. The property sits on a substantial 4.69 acres of land, providing ample parking and potential for future expansion. The existing tenant mix includes established national brands such as Mac's Fresh Market, Stage, It's Fashion Metro, McDonald's, and Burger King, demonstrating strong market demand and a proven track record. The building's total square footage is 83,603 square feet, with 71,864 square feet currently vacant, presenting a significant opportunity for lease income generation. The property is conveniently located in Columbia County and easily accessible via E. North Street. This prime retail location offers exceptional potential for growth and profitability, making it an ideal investment for savvy entrepreneurs and experienced investors seeking a strong foothold in a thriving market. The property's size and location make it suitable for a variety of retail concepts, from smaller boutiques to larger anchor tenants. The existing tenant base provides a strong foundation for future success.

Highlights

  • Retail property totaling 83,603 square feet.
  • Multiple tenancy with 8 spaces available ranging from 2,320 to 37,512 square feet.
  • Significant vacancy of 71,864 square feet.
  • Situated on a 4.69-acre lot in Columbia County.
  • Single-story building located at the intersection of N. Frederick and E. Main Street, Magnolia, Arkansas, with cross street access on E North St.

Property Details

Property type
Lifestyle centers, Power centers
RSF (Rentable sq. ft)
83,603 SF
Buildings
1
Stories
1

Unit(s) available at that property

Space
Suite 307
Size
3,150 SF
Space
Suite 343
Size
5,000 SF
Space
Suite 412
Size
16,600 SF
Space
Suite 371
Size
37,512 SF
Space
Suite 315
Size
3,500 SF
Space
Current Its Fashions Space
Size
15,000 SF
Space
Suite 203
Size
3,782 SF
Space
Suite 207B
Size
2,320 SF

Location Insight

City
Magnolia
County
Columbia
State
Arkansas
Latitude
33.2696789
Longitude
-93.2243228

FAQs

What type of property is this?
Lifestyle center - Magnolia, AR: 8 Retail Spaces Available
Where is the lifestyle center located?
The property is located at Magnolia, AR.
What are key features of this property?
This property features: Retail property totaling 83,603 square feet.; Multiple tenancy with 8 spaces available ranging from 2,320 to 37,512 square feet.; Significant vacancy of 71,864 square feet.
How can I contact the broker?
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