This property is Off-Market

1607 Albert Pike Road
Hot Springs, AR 71901 ·

44,000 SF · Retail For Sale

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Hot Springs Plaza (Wal-Mart Anchored)

Price N/A Cap Rate 8.20%
Gross Leasable Area 44,000 SF Tenancy Single
Property Type Retail Year Built 2001
Property Sub-type Strip Center Lot Size 2.90 AC
Property Use Type Investment
Listing ID: 14016201 Date Created: 09/21/2004 Last Updated: 01/23/2005

Description

Great opportunity to own a stabilized, well located strip center with national tenants. The subject property is shadow anchored by Super Wal-Mart. It is centrally located in a retail hub area of Hot Springs, Arkansas. The tenant lineup includes Movie Gallery, Edward Jones, Radio Shack, Dollar Tree, Cato, Jackson Hewitt, and a UPS Store.

The subject property consists on 2 buildings. The smaller building fronts Albert Pike Road and the larger has excellent visibility along the side of the Super Wal-Mart.

Highlights

  • Anchored by Wal-Mart Supercenter
  • Completed in 2001/2004 (addition of 6,500 sf is underway)
  • Population > 43,000 Within 5 Miles
  • Adjacent to Bank of America, Taco Bell, KFC, & McDonald's
  • Impressive National Tenant Lineup
  • Main/Main Location

Research

1607 Albert Pike Road, Hot Springs, AR 71901 (Garland County)

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