1009 N Hervey St, Hope, AR 71801
1009 N Hervey St, Hope, AR 71801
1009 N Hervey St, Hope, AR 71801
1009 N Hervey St, Hope, AR 71801
1009 N Hervey St, Hope, AR 71801
1009 N Hervey St, Hope, AR 71801
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PRIME REAL ESTATE & DEVELOPMENT

PRIME REAL ESTATE & DEVELOPMENT

+1(479) 571-1515
$ 579,000
Est. payment | /mo

6,012 SqFt

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$ 579,000
Est. payment | /mo
Save Virtual Tour

6,012 SqFt

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 6,012 sqft

Price per Sqft $96

MLS Listing ID 1354985

HOA Y/N No

Year Built 1984

Lot Size 1.170 Acres

Acres 1.17

Property Sub-Type Retail

Property Description

This fully-leased, three-tenant retail center at 1009 N Hervey St offers investors a rare combination of strong in-place income and an outstanding 11% cap rate. The 6,000 SF building is 100% occupied by a mix of national, regional, and local tenants, providing built-in diversification and reduced rollover risk. All leases are structured as NNN or modified gross, minimizing landlord responsibilities and supporting stable, low-management cash flow. The sale also includes an adjacent 0.83-acre vacant lot behind the building, offering future expansion, outparcel development, or additional parking potential. Positioned along a well-traveled Hervey Street corridor in Hope, Arkansas, this is a turnkey investment opportunity for a buyer seeking dependable returns with upside.

Location

State AR

Direction From I-30 Take exit 30 onto N Hervey St. Head east and the property will be on your left next to Super 1 Foods.

Exterior

Present Use Retail

Road Frontage Main Thoroughfare

Building

Lot Description Central Business District

New Construction No

Others

Special Listing Condition None

Virtual Tour https://tour.nwarealtors.org/1009-N-Hervey-Street-Hope-AR-71801/unbranded

Listed by Lindsey & Associates Inc

NEARBY SCHOOLS & PROPERTIES

PRIME REAL ESTATE & DEVELOPMENT

“My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! ”

+1(479) 571-1515

marketing@primesellsnwa.com

4762 N Castlewood Lane, Fayetteville, Arkansas 72764, United States

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1009 N Hervey St