501 North Hervey Street

Highlights

• 100% Occupied
• Strong Rental History
• Long term agreements
• New PVC Membrane Roof
• High Visibility & Traffic Count

Description

Introducing a distinguished and appealing income-producing investment opportunity in the highly sought after commercial district of Hope, AR – a shopping center at 501 North Hervey Street, an address that denotes high visibility and promising potential. Immerse yourself in the bustling commercial brilliance of the North Hervey Shopping Center, a thriving hub for local commerce and retail businesses. This property is entirely leased by three long-term tenants, offering an investor a steady income stream from moment one. A proven asset, this shopping center exudes both stability and growth. The exterior of the building stands out amidst its surroundings, promising aninviting and professional atmosphere. The property has been upheld with meticulous attention, maintaining its appeal through thechanging times. It basks in the advantages offered by its premium location, inviting passersby with active pedestrian traffic and serving as a notable landmark in the cityscape. The property has the added benefit of recent improvements, which include a new PVCMembrane Roof, a feature that notably enhances the property’s value and durability. Practical and aesthetically appealing, these thoughtful renovations reflect careful thought towards longevity. Enveloped within a vibrant commercial district, the property offers easy access to a myriad of businesses and services, making it a preferred destination for shopping enthusiasts. The shopping center capitalizes on the foot traffic that the area sees on an everyday basis, adding to its income potential. Exuding an ambience of potential and possibilities, 501 North Hervey Street is an investment that reaps rewards in multiples. It is a distinctive property that has been carefully maintained to promote sustained growth through enduring appeal. The combination of high visibility, the promise of steady income, and the premium location make it an exceptionally enticing prospect for the pragmatic investor. In essence, the shopping center at 501 North Hervey Street is more than just a property – it’s a thriving commercial kingdom waiting for its next monarch. This is an invitation to own a substantial piece of Hope’s pulsating commercial heart. Join the business narrative of Hope, AR, and let your success story unfold.

Discover the prime investment potential of Hope, Arkansas, a historic city renowned as the birthplace of three Arkansas governors: Bill Clinton, Mike Huckabee, and Sarah Huckabee Sanders. Situated in the heart of southwestern Arkansas, Hope offers a rich cultural heritage and a thriving local economy. This vibrant city is the county seat of Hempstead County and boasts a strategic location within the Hope Micropolitan Statistical Area. Investors in office buildings will appreciate the area's strong community spirit, range of local amenities, and the opportunity to become part of the city's dynamic growth. Don't miss the chance to explore the potential of this exceptional location.

Documents