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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
-
- Wholesaler
- -
- -
- -
- -
Fastenal began doing business in Minnesota in 1967 and grew from a small fastener shop into a broad industrial supply business. Fastenal distributes wide-ranging industrial and construction products, including OEM, MRO, construction, industrial, and safety items, while serving organizations that need help reducing cost, risk, and supply-chain constraints. The company also provides manufacturing services, supply solutions, industrial services, logistics support, technology tools, and a broad network of customer-facing service locations across international markets.
-
- Retailer
- -
- -
- Triple Net
- Aug 2021
Harbor Freight Tools began as a mail-order tool business in Southern California in 1977 and has since expanded into a retail and e-commerce company serving customers across the United States. The company sells a wide assortment of tools and equipment, including automotive products, hand tools, power tools, storage solutions, outdoor power equipment, generators, welding supplies, and shop equipment. Harbor Freight has built its business around value-focused sourcing and direct retail distribution, with stores supported by online shopping and customer support services. The business remains centered on serving DIY users, tradespeople, and other customers who need practical tools and equipment for everyday projects.
- Ollie's Bargain Outlet
- Retailer
- -
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Wholesaler | - | - | - | - | |
|
|
Retailer | - | - | Triple Net | Aug 2021 | |
| Ollie's Bargain Outlet | 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
