Your email has been sent.
Magnolia Shopping Center 50 Highway 79 N 35,500 SF 100% Leased Retail Building Magnolia, AR 71753 $3,980,000 ($112.11/SF) 8% Cap Rate



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 $112 PSF, Significantly Below Replacement Cost
- Immediate Upside through Lease-Up of 2,477 SF Vacant Space
Property Facts
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Apex Communications-AT&T Authorized Retailer
- Information
- -
- -
- -
Cato began in 1946 as a women's fashion retailer founded by Wayland Cato in North Carolina and later became a public company. The company focuses on women's apparel and accessories, with product lines that include plus-size clothing, jewelry, shoes, and other fashion items. Cato's retail portfolio includes Cato, Cato Plus, It's Fashion, It's Fashion Metro, and Versona, giving the business a broad presence across multiple store formats. The company also supports online shopping, combining store-based retail with digital ordering for customers seeking fashion basics and seasonal styles.
Dollar Tree began with a variety store in Norfolk, Virginia, in the 1950s and later emerged as a dollar-store chain under the Only $1.00 banner in the 1980s. The business changed its name to Dollar Tree Stores in the 1990s, went public soon after, and later expanded further through acquisitions that included Family Dollar. Today, the company operates a wide network of stores across the United States and Canada, and its merchandise spans housewares, cleaning supplies, food and snacks, health and beauty items, toys, gifts, party supplies, stationery, and seasonal décor.
- Hibbet Sports
- Retailer
- 6,000 SF
- -
- -
Jimmy John's began in Charleston, Illinois, in 1983 and grew from a single sandwich shop into a franchise system across the United States. The company focuses on sandwiches, wraps, sides, drinks, and catering, with an emphasis on fresh ingredients, bread baked throughout the day, and fast delivery service. Jimmy John's built its business around quick meal service for individual customers and group orders, and the brand continues to operate through a wide network of franchise locations. The company remains centered on the sandwich category while supporting ordering for pickup, delivery, and catering through its digital channels.
- Nail Art
- Services
- -
- -
- -
SHOE SHOW MEGA is a division of SHOE SHOW, INC., a footwear retailer that began in 1960 in North Carolina and has grown into a broad chain with a wide retail network across the United States. The business focuses on branded footwear, bags, and accessories for men, women, and children, with shopping available in stores and online. Its product mix includes dress shoes, casual shoes, athletic shoes, sandals, boots, handbags, and related accessories, supported by a family-oriented retail format and multiple store banners within the larger company.
| 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 | - | - | - |
Nearby Major Retailers
Property Taxes
| Parcel Number | 01-06910-00000 | Improvements Assessment | $366,616 |
| Land Assessment | $73,749 | Total Assessment | $440,365 |
