915 Main StJacksonville, AR 72076

  • Community centers
  • 37,982 SF
For Sale
$2,495,000 View listing

Property Details for 915 Main St

Year built
1965
Lot size
2.48 AC
Property size (Sq ft)
37,982 SF
Property type
Community centers
APN
12J-041-00-072-00
APU
12J0410007200

Description

Jacksonville Plaza, a prime retail investment opportunity, presents a 37,862-square-foot shopping center located at 915 West Main Street, Jacksonville, Arkansas 72076. This single-story, 1965-built property sits on a 2.48-acre lot and boasts a strong 100% occupancy rate with seven tenants under a triple-net (NNN) lease structure. The property generates a substantial net operating income (NOI) of $241,395, yielding a compelling 9.68% capitalization rate. Strategically positioned at a signalized intersection on a major Jacksonville arterial, with convenient access to Highway 67/167, the center benefits from high visibility and ample parking. Prominent pylon signage on Main Street further enhances its marketing potential. This core investment presents a stable and attractive return for discerning investors seeking a well-established, fully occupied retail asset in a thriving Arkansas market. The property's strong tenant mix and location contribute to its consistent performance and long-term growth prospects. The asking price is $2,495,000.

Location Insight

City
Jacksonville
County
Pulaski
State
Arkansas
Latitude
34.8666
Longitude
-92.1196
CBSA code
30780
CBSA name
LITTLE ROCK-NORTH LITTLE ROCK, AR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$17,919
$126,324
$304,076
$430,400
-
$631,620
$1,520,380
$2,152,000

FAQs

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