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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
100%
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
  • -
  • -
  • -

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.

  • 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 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
  • -
  • -
  • -
  • 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

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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