810 Highway 64 E
Wynne, AR 72396
Ridgeview Plaza · Retail Property For Sale

The Dumes Falk Group of Marcus & Millichap is pleased to bring to market Ridgeview Plaza, a Walmart Shadow Anchored Shopping Center comprised of 26,334-square feet and located in Wynne, Arkansas – the seat of Cross County. The subject property is situated adjacent to a roughly 112,200-square foot Walmart and was built in 2003 on approximately 3.90 acres with ample parking, multiple points of ingress/egress, and excellent visibility from US-64. Ridgeview Plaza is currently 100 percent occupied with 61 percent of the GLA is being leased through 2020 by a strong mix of national, regional and local tenants. It has shown strong demand from tenants and customers alike by attracting national banners like CATO, Shoe Show, AT&T (authorized retailer), Allstate and the USDA. The remaining tenants are service oriented and cater to the needs of the community as well as the large trade area. Ridgeview Plaza benefits from an internet-resistant tenant mix that sees very little exposure to online retailers. The subject property is positioned along one of the two main thoroughfares in Wynne, US-64 which connects the city to Memphis and Little Rock as well as Falls Boulevard which travels south through downtown Wynne. Ridgeview Plaza has excellent visibility from US-64, which sees 10,000 vehicles per day according to the Arkansas Department of Transportation. The subject property is surrounded by retail banners like Walmart, Dollar Tree, Wendy’s, Sears, and more. The only other neighborhood shopping center in the city is located three quarters of a mile south of the subject property and is anchored by Hays Food Town with the only other national banners in the center being Factory Connection, Family Dollar, and Hibbett Sports. Other retail stores like Tractor Supply, Dollar General, Pizza Hut, KFC/Taco Bell, NAPA Auto Parts, Verizon, Domino’s Pizza, and O’Reilly Auto Parts are located just south of the subject property along Falls Boulevard. These tenants cater to a community that has seen its median household incomes grow by 35 percent since 2000. Wynne, Arkansas is a fifty-minute drive to Memphis, the second largest city in Tennessee and home to over half a million residents. Wynne has been a popular destination for families looking for one of the top school systems in the region, a small town feel and lots of outdoor activities. Wynne is the closest city to the second largest state park in Arkansas, Village Creek State Park, a 6,900-acre park with a 27-hole golf course, 96 campsites, cabins, and 7 major trails. Wynne also boasts access to several state and federal highways, water ports, railways and more. Ridgeview Plaza has the ability to continue to be an integral part of the community and should continue to serve as an invaluable shopping destination for residents and visitors.