503-535 N Hervey Street (Hervey Square) , Hope, AR, 71801

503-535 N Hervey Street (Hervey Square) Hope, AR 71801

503-535 N Hervey Street (Hervey Square) , Hope, AR, 71801
503-535 N Hervey Street (Hervey Square) , Hope, AR, 71801 503-535 N Hervey Street (Hervey Square) , Hope, AR, 71801 503-535 N Hervey Street (Hervey Square) , Hope, AR, 71801
FOR SALE FOR LEASE
Property Type:
Street Retail
Amount:
$4,900,000
Last Verified:
Mar 19, 2024

Highlights


Description

Introducing Hervey Square, a prime investment opportunity. This property boasts a 90,689 SF building, accommodating 10 units ideal for diverse retail ventures. Located in the thriving Hope area, this property offers ample space and potential for retail businesses to flourish.

Leasing opportunity at 503 N Hervey St, Hope, AR, 71801 (Hervey Square). This property boasts a prime location within Hervey Square Shopping Center, alongside reputable long-term tenants such as Dollar General and Harbor Freight. This property offers ample parking and good visibility on a high traffic road. With a well-maintained exterior and landscaping, the space provides an inviting atmosphere. The four available suites offer limitless potential for tenants to create their ideal business environment. This versatile space is a perfect canvas for your business's future.

Discover Hervey Square Shopping Center, situated just south of Interstate 30 on N Hervey St. in Hope, AR. Hope is a vibrant regional market in Southwest AR, home to over 10,000 residents and located approximately 30 miles northeast of Texarkana, TX. The shopping center occupies a prime position on a main corridor that links downtown Hope to Interstate 30, creating a lucrative location for retail businesses.


Year Built: 1980
Building Size: 90689sq ft
Lot Size: 7.42 acres


Documents

Lease Brochure

Units for Lease

529 N Hervey Street
Space Available: 6672 SF
Lease Type: NNN

Price Per Sqft/Month: $12.00
525 N Hervey Street
Space Available: 3500 SF
Lease Type: NNN

Price Per Sqft/Month: $15.00
519 N Hervey Street
Space Available: 3500 SF
Lease Type: NNN

Price Per Sqft/Month: $15.00
513 N Hervey Street
Space Available: 6924 SF
Lease Type: NNN

Price Per Sqft/Month: $12.00

Map of 503-535 N Hervey Street (Hervey Square) , Hope, AR, 71801

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

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