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402-412 W Main St 55,000 SF 100% Leased Retail Building Magnolia, AR 71753 $1,600,000 ($29.09/SF)
Investment Highlights
- Anchored by National Tenants: Dollar General & Aaron's
- Signalized Intersection: Strong visibility and easy ingress/egress
- Prime Main Street Location: Positioned along one of Magnolia's primary commercial corridors
- Flexible Opportunity: Available space can be leased or purchased
- Excellent Access & Parking: Ample on-site parking with convenient layout
- University Town Stability: Home to Southern Arkansas University
Executive Summary
The available space presents flexibility for investors or owner-users - with the ability to lease or purchase. The site features excellent access, generous parking, and strong frontage along one of the city's most traveled corridors.
Magnolia serves as a regional hub for South Arkansas and North Louisiana, supported by Southern Arkansas University, which provides steady economic activity, employment, and student-driven commerce. The property is located just two blocks from the historic downtown square, known for its locally owned shops, restaurants, and community events. Nearby traffic drivers include a convenience store directly across the street and Central Baptist Church, further supporting consistent area activity.
With national anchors in place, proximity to downtown, and strong access at a signalized intersection, 410 Main Street offers a compelling retail or investment opportunity in a stable university-supported market.
Property Facts
Amenities
- Pylon Sign
- Signage
- Signalized Intersection
- Drive Thru
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Aaron's
- Retailer
- -
- -
- -
- -
-
- Retailer
- -
- -
- -
- -
Bealls began in 1915 as the Dollar Limit store in Florida and later grew into a family-owned retail company. The business expanded through renamed stores and now operates under the bealls, Bealls Florida, and Home Centric banners, with an emphasis on off-price merchandise for apparel, footwear, accessories, and home goods. Bealls has remained within the founding family and continues to serve customers through store and online channels across a broad retail footprint.
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- Retailer
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- -
- -
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Dollar General began in 1939 as J.L. Turner and Son Wholesale Company, a dry-goods business started by J.L. Turner and Cal Turner Sr., and the first Dollar General store opened in the mid-1950s. The company operates a discount retail model through Dollar General, DG Market, DGX, and pOpshelf formats, serving customers with food, health and wellness products, cleaning and laundry supplies, self-care and beauty items, seasonal décor, private brands, and national labels. Dollar General supports online shopping and positions itself around affordable everyday goods and community-focused services.
- Warehouse/Storage
- Professional, Scientific, and Technical Services
- -
- -
- Triple Net
- Nov 2021
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Aaron's | Retailer | - | - | - | - | |
|
|
Retailer | - | - | - | - | |
|
|
Retailer | - | - | - | - | |
| Warehouse/Storage | Professional, Scientific, and Technical Services | - | - | Triple Net | Nov 2021 |
Space Availability
- Space
- Size
- Space Use
- Position
- Available
- 1st Floor
- 55,000 SF
- Retail
- -
- 30 Days
| Space | Size | Space Use | Position | Available |
| 1st Floor | 55,000 SF | Retail | - | 30 Days |
1st Floor
| Size |
| 55,000 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| 30 Days |
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $331,074 | |
| Land Assessment | $28,791 | Total Assessment | $359,865 |
Property Taxes
Presented by
402-412 W Main St
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