For Lease
$16.95/SF/YR

2000 Race AveSearcy, AR 72143

Prime Searcy location, 24,768 SF, 3.8 acres.

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional commercial property, located at 2000 E Race Ave in Searcy, Arkansas, presents a unique investment opportunity. The property consists of two single-story buildings totaling 24,768 square feet situated on a generous 3.8-acre lot. Currently vacant, the space is ideally suited for a variety of retail uses, particularly automotive showrooms or dealerships, given its existing infrastructure. Built in 1965 and renovated in 1996, the property features a spacious showroom area, ample office space, and a substantial warehouse component equipped with 12 convenient roll-up doors. The property enjoys a highly visible location on a major arterial road, experiencing approximately 19,000 vehicles per day, ensuring significant exposure to potential customers. Its strategic position within Searcy places it amongst established local and national retailers and medical facilities, offering excellent accessibility and high traffic volume. Furthermore, its proximity to Highway 67 and Harding University enhances its appeal and accessibility. The property is zoned C-4 and is available for purchase at $5,300,000 or for lease at a rate of $16.95 per square foot, triple net (NNN). This presents a compelling opportunity to capitalize on the growth and development within this thriving market, characterized by recent expansions of national retailers. The property's size, location, and versatility make it an attractive proposition for discerning investors and businesses seeking a prominent presence in Searcy, Arkansas. The zip code is 72143, and the property is located in White County.

Highlights

  • Two-building property totaling 24,768 square feet.
  • 3.8-acre lot.
  • $5,300,000 sale price; $16.95/SF NNN lease rate.
  • C-4 zoning.
  • Automotive showroom/office/warehouse space with 12 roll-up doors.
  • High traffic count: approximately 19,000 vehicles daily on E Race Avenue.

Property Details for 2000 Race Ave

Property type
Retail properties, Showrooms
RSF (Rentable sq. ft)
24,768 SF
Year Built/Renovated
1965/1996
Buildings
2
Stories
1

Unit(s) available at that property

Space
Size
24,768 SF
Rate per SF
$16.95

Location Insight

City
Searcy
County
White
State
Arkansas
Latitude
35.2513696
Longitude
-91.7146564
2000 Race Ave, Searcy, Arkansas

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Contacts

Nathan Monan
Nathan Monan
Bill Pendergist
Bill Pendergist
Visit Broker Website

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2000 Race Ave, Searcy, Arkansas, 72143

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

2000 Race Ave
  • Nathan Monan
    Nathan Monan
  • Bill Pendergist
    Bill Pendergist
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