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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 began in 1967 as a Minnesota-based fastener distributor and has grown into a major industrial supplier. The company expanded its product offerings to include safety equipment, tools, and construction materials while developing supply chain solutions. Fastenal established international operations in the 1990s, first entering Canada and Mexico. The company now maintains a presence across multiple continents through subsidiaries and distribution centers. Fastenal serves various industries with both purchased and manufactured products through numerous market locations.

  • 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
  • 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

Fairly walkable
40/100
Moderately drivable
70/100
Somewhat bikeable
30/100

Nearby Major Retailers

Kroger
Centennial Bank
Curves
7 Brew Coffee
Freddy's Frozen Custard & Steakburgers
Mazzio's
Citizens Bank
Scooter's Coffee
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

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