For Sale
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1507 Race AveSearcy, AR 72143

Prime Searcy location, move-in ready offices

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional 10,000 square foot multi-tenant office building presents a compelling value-add investment opportunity in Searcy, Arkansas. Currently 66% occupied, the property features 3,450 square feet of immediately available space, complemented by existing leases with established tenants, including State Farm and Restore Hope. The building boasts 14 private offices, a spacious reception and waiting area, ample storage including a dedicated server/file room, and convenient on-site parking. Its prime location on East Race Avenue offers excellent visibility and accessibility, situated near Harding University, downtown Searcy, and numerous restaurants and businesses. The flexible layout allows for customization to suit various business needs, making it ideal for both established companies seeking expansion and new ventures seeking a well-appointed space. This triple-net (NNN) leased property offers a strong potential for increased occupancy and rental income, representing a significant opportunity for investors seeking a stable and growing asset in a thriving Arkansas community. The property's versatile design, coupled with its strategic location, makes it an attractive option for a wide range of businesses, from medical practices to traditional offices and counseling services. This is a rare chance to acquire a well-maintained, high-traffic office building in a desirable area of Searcy.

Highlights

  • 10,000 square foot multi-tenant office building for sale or lease in Searcy, AR.
  • The property is a value-add investment opportunity with a NNN lease structure.
  • Currently 66% occupied, with existing tenants including State Farm and Restore Hope.
  • Features 14 private offices, shared office space, a large reception area, ample storage, and on-site parking.
  • Located in a prime Searcy location near Harding University, offering excellent visibility and accessibility.

Property Details for 1507 Race Ave

Property type
Office properties, Medical offices
Square Feet
10,000 SF

Location Insight

City
Searcy
County
White
State
Arkansas
Latitude
35.250634478915
Longitude
-91.720590392079
1507 Race Ave, Searcy, Arkansas

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1507 Race Ave
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