2035-2059 W Center St
Beebe, AR 72012
Multi-Tenant Center · Retail Property For Sale

The Shoppes at Center Street is a newer construction (2014) 25,081 SF multi-tenant retail center located at 2035-2059 West Center Street in Beebe, Arkansas. The center is well positioned within Beebe's major commercial corridor adjacent to AutoZone to the east, AT&T and Anytime Fitness to the west, and shadow anchored by Walmart Supercenter to the south. The center features visibility and exposure to 11,000 VPD and 300’ of frontage along Center Street. The center is currently 67% leased to a diverse mix of tenants including Dollar Tree, Pizza Hut, Verizon, and Cricket, and produces a net operating income (NOI) of approximately $163,000. Both Pizza Hut and Verizon recently extended their leases out to January 2025 and December 2026 respectively, demonstrating their commitment to the location. The property falls within a strong retail corridor featuring neighboring Tenants Wal-Mart, McDonald’s, Burger King, Taco Bell, Waffle House, AT&T, Anytime Fitness, Sonic Drive-In, China Buffet, Daylight Donuts, Suttle’s Road Hog BBQ, AutoZone Auto Parts and Centennial Bank. Excellent opportunity to purchase a newly constructed multi-tenant retail center that is already cash flowing, with the ability to add value through lease-up and stabilization.