Brand New, Income Producing Center 2715 W Kingshighway

Investment Highlights

Brand New Retail/Office Center Price Well Below Replacement Cost Surrounded by National Retailers, Cinema, & Walmart Supercenter Up to +/- 4,639 SF Available for Lease Well Positioned in Paragould's Dominant Retail Trade Area Anchored by Laundry Express Ideal for Owner/Users Seeking to Generate Income

Executive Summary

HB is excited to introduce a remarkable investment opportunity in the heart of Paragould?s dominant retail trade area. This brand-new retail/office center, anchored by Laundry Express, offers over 4,000 square feet of versatile lease space, making it an ideal choice for both savvy investors and owner/users seeking to generate income.Strategically positioned amidst a vibrant commercial landscape, all major retail and restaurant players can be found within a one mile radius of the 0.93 acre site and include Big Lots, Five Below, Belk, Lowe's, Dollar Tree, Aldi, Wendy?s, Chili?s, Zaxby?s, Starbucks, Freddy's Frozen Custard & Steakburgers, KFC, Taco Bell, Waffle House, and a bustling Wal-Mart Super Center.In addition to its strategic location, the new 6,637 square foot center is a remarkable value, available at a price significantly lower than the cost of replication - even if you were starting from scratch on a completely free lot. It's modern architecture, storefronts and abundant parking - available in both the front and rear of the building - make it an extremely wise (and easy) investment choice. Don't miss out on this rare opportunity to own an A++ piece of real estate which is primed for success for years to come.

• Sale Type    Investment or Owner User
• Property Type    Retail
• Property Subtype    Freestanding Freestanding General Retail Restaurant General Retail Storefront Retail/Office Office Medical Freestanding
• Building Size    6,637
• Building Class    B
• Year Built    2021
• Price    1,440,000
• Price Per SF    217
• Percent Leased    Vacant
• Tenancy    Multiple
• Building Height    1 Story
• Building FAR    0.16
• Land Acres    0.93 AC