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Mag-Wal 1629 E Main St 107,407 SF 100% Leased Retail Building Magnolia, AR 71753 $3,914,000 ($36.44/SF) 6% Cap Rate
INVESTMENT HIGHLIGHTS
- Great Location. Centrally located. High Visibility.
EXECUTIVE SUMMARY
Brookshires grocery and Atwoods as major tenants.
Located in the Heart of Magnolia main retail area. At the corner of Hwys 79&82B
Located in the Heart of Magnolia main retail area. At the corner of Hwys 79&82B
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Building Size
107,407 SF
Building Class
C
Year Built
1980
Price
$3,914,000
Price Per SF
$36.44
Cap Rate
6%
NOI
$234,887
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.29
Lot Size
8.39 AC
Zoning
C-2 - Commercial
Parking
413 Spaces (3.85 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Pylon Sign
- Signage
ABOUT 1629 E MAIN ST , MAGNOLIA, AR 71753
PROPERTY HIGHLIGHTS • Great Location. Centrally located. High Visibility. • Long term anchor tenants. • 100% occupancy. • 4-5 years remaining with anchor tenants. • Ample Parking • 1/2 Block for Wal-Mart Supercenter. • Corner lot with stop lighted intersection
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 01-06909-00000 | Improvements Assessment | $1,199,511 |
| Land Assessment | $391,822 | Total Assessment | $1,591,333 |
PROPERTY TAXES
Parcel Number
01-06909-00000
Land Assessment
$391,822
Improvements Assessment
$1,199,511
Total Assessment
$1,591,333
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Mag-Wal | 1629 E Main St
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