Historical Retail Sale Listing - Fred's Pine Bluff, AR

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Fred's Pine Bluff, AR

1701 Commerce Street, Pine Bluff, AR 71601

N/A

16,799 SF | Retail

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NOT ACTUAL STORE

Retail Property - Off Market

Price:
N/A
Building Size:
16,799 SF
Property Type:
Retail
Property Sub-type:
Free Standing Bldg
Property Use Type:
Net Lease Investment with
10+ years left on lease
Construction Status:
Under Construction/
Proposed
Cap Rate:
8.50%
Occupancy:
100%
Tenancy:
Single
Lot Size:
1.74 AC
Listing ID
17366822
Last Updated
over 1 year ago

Description

Fred's of Pine Bluff is currently under construction and scheduled to open and commence rent in January 2012. This is a 16,799 square foot building that is 100% occupied by Fred's and sits on the corner of Commerce Street and Market Street in front of The Pines Mall. Great investment opportunity with a 12 year, NN lease guaranteed by Fred's Stores of TN.

Pine Bluff is home to about 50,000 residents and Fred's is strategically located in the heart of the commercial and retail center of Pine Bluff. Great visibility from Harding Avenue and easy ingress egress from Market Street and Commerce Street. Market Street has a 2,800 VPD count and Harding Avenue has a 12,000 VPD count.

Map of 1701 Commerce Street, Pine Bluff, AR 71601 (Jefferson County)

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Created 10/10/2011