AR
Hempstead
Hope
71801
1009 N Hervey Street
1009 N Hervey Street, Hope, AR 71801
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Listing Type
Commercial/Industrial
Listing Status
Active
11
$579,000

Home Details for 1009 N Hervey Street

Price
$579,000
Type
Commercial Sale
Square feet
6012
Year built
1984
Lot size acres
1.17
County
Hempstead
MLS Listing#
1354985
Property Description

This fully-leased, three-tenant retail center at 1009 N Hervey St offers investors a rare combination of strong in-place income and an outstanding 11% cap rate. The 6,000 SF building is 100% occupied by a mix of national, regional, and local tenants, providing built-in diversification and reduced rollover risk. All leases are structured as NNN or modified gross, minimizing landlord responsibilities and supporting stable, low-management cash flow. The sale also includes an adjacent 0.83-acre vacant lot behind the building, offering future expansion, outparcel development, or additional parking potential. Positioned along a well-traveled Hervey Street corridor in Hope, Arkansas, this is a turnkey investment opportunity for a buyer seeking dependable returns with upside.

Property Features
    Listing Courtesy: Lindsey & Associates Inc - 479-521-6611
    Presented by: Jeff Pederson
    The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Northwest Arkansas Board of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright ©2026 Northwest Arkansas Board of REALTORS®. All Rights Reserved.
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    EXIT REALTY HARPER CARLTON GROUP
    2603 W. Pleasant Grove Rd. Unit 103, Rogers, AR 72758
    Brandi Edwards
    License #: SA00098750/License #: 211418
    Sales Representative
    Office
    479 372 6246
    Agent
    479 633 2448
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