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Investment Highlights

  • Adjacent to the only Walmart Supercenter in Magnolia, the Most Powerful Retail Driver in the Trade Area
  • Including Dollar Tree, Verizon, CATO, Jimmy John’s, Shoe Show, and Medical Users, Creating Durable Daily Traffic and Income Stability
  • The Center Sits Along Highway 79 North, the Dominant Retail Artery in Magnolia, with Traffic Count of 11,000 VPD
  • Diversified Tenant Roster Featuring a Mix of National, Regional, and Service-Oriented Tenancy
  • Magnolia Shopping Center is Offered at an Attractive Basis of Approximately $123 PSF, Significantly Below Replacement Cost
  • Immediate Upside through Lease-Up of 2,477 SF Vacant Space

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
35,500 SF
Building Class
C
Year Built
2000
Price
$4,375,000
Price Per SF
$123.24
Cap Rate
7.28%
NOI
$318,500
Percent Leased
93%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.15
Lot Size
5.62 AC
Frontage
410’ on U.S. 79

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Apex Communications-AT&T Authorized Retailer
  • Information
  • -
  • -
  • -
  • Retailer
  • -
  • -
  • -

The Cato Corporation, a leading specialty retailer with corporate offices located in Charlotte, NC, operates under three concepts, “Cato”, “Versona” and “It’s Fashion”. Each concept targets a different customer base, occupies a unique niche, and provides growth opportunities. Across all concepts, the Company provides the latest in fashion apparel and accessories, superior customer service and exceptional values. With stores nationally spread out, The Cato Corporation offers a broad assortment of on-trend fashion styles for any occasion – work or play, dressy or casual in missy and plus sizes at value prices every day. The company focuses on delivering excellence in fit, quality, fabrics and selection.

  • Retailer
  • -
  • -
  • -

Dollar Tree began in 1986 as Only $1.00, building on earlier variety-store and toy-retail roots in Virginia. The company later adopted the Dollar Tree name and grew into a value retailer focused on everyday essentials, seasonal merchandise, and discovery-oriented shopping. Current offerings include housewares, cleaning supplies, candy, snacks, food, health and beauty products, toys, gifts, stationery, craft and party supplies, books, and seasonal décor. The business also sells through its digital channels, including case-pack ordering, store pickup, home delivery, and same-day local delivery from participating store locations.

  • Hibbet Sports
  • Retailer
  • 6,000 SF
  • -
  • -
  • Accommodation and Food Services
  • -
  • -
  • -

Jimmy John’s is a national sandwich franchise founded in 1983 by Jimmy John Liautaud in Charleston, Illinois. The brand grew quickly by focusing on fresh ingredients, in-house slicing, and its signature “freaky fast” delivery service. Over the decades, Jimmy John’s expanded into one of the largest fast-casual sandwich chains in the United States, operating thousands of franchise locations across the country. In 2019, the company was acquired by Inspire Brands, a multi-brand restaurant group that includes chains such as Arby’s, Sonic Drive-In, and Buffalo Wild Wings. Under Inspire’s ownership, Jimmy John’s has continued expanding its footprint while maintaining its core operational philosophy centered on efficiency, quality, and consistency.

  • Nail Art
  • Services
  • -
  • -
  • -
  • Retailer
  • -
  • -
  • -

Shoe Show Mega operates under SHOE SHOW, INC., a footwear and accessories retailer founded in 1960 in Kannapolis, North Carolina. The company has grown into a nationwide presence with over stores across 47 states, offering a variety of branded shoes, bags, and accessories for men, women, and children. The company’s headquarters and distribution center are located in Concord, North Carolina, supporting its extensive retail network. SHOE SHOW, INC. emphasizes operational efficiency through standardized store designs and advanced distribution systems. Privately held, the company has maintained its focus on providing value and quality products while engaging in community initiatives and charitable activities. With more than six decades in the industry, SHOE SHOW, INC. continues to adapt to changing retail trends while maintaining its core principles of service and affordability.

Tenant Industry SF Occupied Rent/SF Lease End
Apex Communications-AT&T Authorized Retailer Information - - -
Retailer - - -
Retailer - - -
Hibbet Sports Retailer 6,000 SF - -
Accommodation and Food Services - - -
Nail Art Services - - -
Retailer - - -
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100

Nearby Major Retailers

Brookshire's Food & Pharrmacy
Brookshire's
Western Sizzlin
Scooter's Coffee

Property Taxes

Property Taxes

Parcel Number
01-06910-00000
Land Assessment
$73,749
Improvements Assessment
$366,616
Total Assessment
$440,365
  • Listing ID: 40862422

  • Date on Market: 6/10/2026

  • Last Updated:

  • Address: 50 Highway 79 N, Magnolia, AR 71753

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