Your email has been sent.
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)



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
• 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
AMENITIES
- Signage
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
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.
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.
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
• 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
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 1100436000C | Improvements Assessment | $147,130 |
| Land Assessment | $154,780 | Total Assessment | $301,910 |
PROPERTY TAXES
Presented by
Independence Square Shopping Center -For Sale | 425-475 S Saint Louis St
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.




