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Belk 2110 S Buerkle St 57,122 SF 93% Leased Retail Building Stuttgart, AR 72160 $2,800,000 ($49.02/SF) 8.57% Cap Rate
INVESTMENT HIGHLIGHTS
- WELL ESTABLISHED SHOPPING CENTER IN STUTTGART, AR
- IN MAJOR RETAIL SHOPPING AND DINING AREA OF TOWN
- BELK'S, STUTTGART THEATER, 24,750 sf WAREHOUSE, Factory Connection, Larry's Pizza AND MORE TENANTS. MOST LONG TERM TENANTS
EXECUTIVE SUMMARY
MAJOR SHOPPING CENTER ARKANSAS in RETAIL DISTRICT 92% LEASED. LARGE DEPARTMENT STORE AS AN ANCORE TENANT. RENOVATED IN 2012. EXCELLENT CONDITION. NEW ROOF. PARKING LOT SEALED IN 2023. 1 MILE FROM WAL MART, ACROSS STREET FROM HIGH SCHOOL. 1/3 MILE FROM MCDONALDS, TRU HILTON HOTEL. FASTED GROWING PART OF TOWN. LEASES HAVE BUILT IN INFLATION ADJUSTMENTS UPON RENEWAL.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
57,122 SF
Building Class
B
Year Built
1966
Price
$2,800,000
Price Per SF
$49.02
Cap Rate
8.57%
NOI
$240,000
Percent Leased
93%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.35
Lot Size
3.71 AC
Parking
50 Spaces (1.48 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Banking
- Corner Lot
- Pylon Sign
- Security System
- Signage
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
- D
- 4,000 SF
- Retail
- End Cap
- Now
| Space | Size | Space Use | Position | Available |
| D | 4,000 SF | Retail | End Cap | Now |
D
| Size |
| 4,000 SF |
| Space Use |
| Retail |
| Position |
| End Cap |
| Available |
| Now |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 074-00114-000 | Improvements Assessment | $304,824 |
| Land Assessment | $44,366 | Total Assessment | $349,190 |
PROPERTY TAXES
Parcel Number
074-00114-000
Land Assessment
$44,366
Improvements Assessment
$304,824
Total Assessment
$349,190
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
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Belk | 2110 S Buerkle St
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