Share This Listing

Message

906 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

Independence Square Shopping Center -For Sale 425-475 S Saint Louis St 64,212 SF 81% Leased Retail Building Batesville, AR 72501 $3,950,000 ($61.51/SF)

Save this listing!

Favorite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • 80.83% occupied; Existing leases staggered with current lease expirations ranging from 2028 to 2032; Rent roll and pro forma available upon request
  • Just minutes from Lyon College, one of the most popular private colleges in the state
  • Tenants include Ollie’s Bargain Outlet, Harbor Freight Tools, and Fastenal
  • Positioned near the corner of South St. Louis St and East College Ave
  • Newly renovated storefronts and pylon signage; Ample parking

EXECUTIVE SUMMARY

• 80.83% occupied; Existing leases staggered with current lease expirations ranging from 2028 to 2032
• Rent roll and pro forma available upon request and receipt of a signed NDA
• Positioned near the corner of South St. Louis St and East College Ave
• Just minutes from Lyon College, one of the most popular private colleges in the state
• Newly renovated storefronts and pylon signage
• Ample parking
• Tenants include Ollie’s Bargain Outlet, Harbor Freight Tools, and Fastenal

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Building Size
64,212 SF
Building Class
C
Year Built
1974
Price
$3,950,000
Price Per SF
$61.51
Percent Leased
81%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.37
Lot Size
3.94 AC
Zoning
CR
Frontage
249’ on St Louis

AMENITIES

  • Signage

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Wholesaler
  • -
  • -
  • -
  • -

Fastenal is a publicly traded industrial supply company founded in 1967 and headquartered in Winona, Minnesota. The Norcross, Georgia branch operates as a fulfillment center offering a wide range of products including fasteners, tools, safety equipment, and facility maintenance supplies. The company provides inventory management, vending solutions, and supply chain support to industrial and construction clients. Fastenal is listed on the Nasdaq under the ticker symbol FAST and maintains thousands of locations across North America and internationally. The Norcross location is part of Fastenal’s extensive network of branches serving regional markets.

  • Retailer
  • -
  • -
  • Triple Net
  • Aug 2021

Harbor Freight Tools is a privately held discount tool and equipment retailer founded in 1977 by Eric Smidt and Allan Smidt. Headquartered in Calabasas, California, the company began as a mail-order business and opened its first retail store in 1980. Harbor Freight operates over 1,600 stores across 48 states and employs more than 30,000 people. The retailer offers a wide range of products, including hand tools, power tools, automotive equipment, generators, and shop supplies, marketed under proprietary brands such as Pittsburgh, Bauer, Hercules, and U.S. General. Harbor Freight’s business model focuses on direct sourcing from manufacturers to reduce costs and provide tools at prices significantly lower than competitors. The company also maintains a strong e-commerce presence and offers financing options, loyalty programs, and extended service plans. Harbor Freight remains family-owned and is recognized for its commitment to affordability and value in the tool retail industry.

  • Retailer
  • -
  • -
  • -
  • -

Ollie’s is America’s largest retailer of closeout merchandise and excess inventory. Their “semi-lovely” stores sell merchandise of all descriptions and some beyond description. You’ll find real brands at real bargain prices in every department, from housewares to sporting goods to flooring and to food. Ollie’s buyers scour the world looking for closeouts, overstocks, package changes, manufacturer refurbished goods, and irregulars. Much of the merchandise comes direct from the finest manufacturers in the country and abroad. For example, if a manufacturer makes too much of an item, or changes their packaging, Ollie’s will buy the overstocked or old packaged items. So, you will always find famous brand name products at Ollie’s, but a lot of them could be last year’s colors, patterns, or packaging that traditional retailers won’t sell.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Wholesaler - - - -
Retailer - - Triple Net Aug 2021
Retailer - - - -

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • POSITION
  • AVAILABLE
  • C
  • 11,969 SF
  • Retail
  • -
  • Now

• Positioned near the corner of South St. Louis St and East College Ave • Just minutes from Lyon College, one of the most popular private colleges in the state • Rear loading dock • Signage opportunity • Ample parking • Co-tenants include Ollie’s Bargain Outlet, Harbor Freight Tools, and Fastenal

Space Size Space Use Position Available
C 11,969 SF Retail - Now

C

Size
11,969 SF
Space Use
Retail
Position
-
Available
Now

C

Size 11,969 SF
Space Use Retail
Position -
Available Now

• Positioned near the corner of South St. Louis St and East College Ave • Just minutes from Lyon College, one of the most popular private colleges in the state • Rear loading dock • Signage opportunity • Ample parking • Co-tenants include Ollie’s Bargain Outlet, Harbor Freight Tools, and Fastenal

Walk Score®
Very Walkable (74)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Kroger
Curves
Centennial Bank
Freddy's
Mazzio's
7 Brew Coffee
Scooter's Coffee
Citizens Bank
Rent One Home Furnishings

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1100436000C
Land Assessment
$154,780
Improvements Assessment
$147,130
Total Assessment
$301,910
  • Listing ID: 37166411

  • Date on Market: 8/7/2025

  • Last Updated:

  • Address: 425-475 S Saint Louis St, Batesville, AR 72501

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}