Shopping Strip
Magnolia Shopping Center
50 US-79, Magnolia, AR 71753
Listing Price: $3,980,000
Cap Rate
8.00%
Gross SF
35,500
Rentable SF
35,500
Price/Gross SF
$112.11
Lot Size
5.66 acres
Year Built
2000
Investment Overview
Marcus & Millichap is pleased to present, for sale, Magnolia Shopping Center located in Magnolia, Arkansas. The Center Sits Along Highway 79 North, the Dominant Retail Artery in Magnolia, with Traffic Count of 11,000 VPD.
Investment Highlights
- Adjacent to the only Walmart Supercenter in Magnolia, the Most Powerful Retail Driver in the Trade Area
- Diversified Tenant Roster Featuring a Mix of National, Regional, and Service-Oriented Tenancy
- Magnolia Shopping Center is Offered at an Attractive Basis of Approximately $112 PSF, Significantly Below Replacement Cost
Listing Price: $3,980,000
Cap Rate
8.00%
Gross SF
35,500
Rentable SF
35,500
Price/Gross SF
$112.11
Lot Size
5.66 acres
Year Built
2000
Investment Highlights
- Adjacent to the only Walmart Supercenter in Magnolia, the Most Powerful Retail Driver in the Trade Area
- Diversified Tenant Roster Featuring a Mix of National, Regional, and Service-Oriented Tenancy
- Magnolia Shopping Center is Offered at an Attractive Basis of Approximately $112 PSF, Significantly Below Replacement Cost
Investment Overview
Marcus & Millichap is pleased to present, for sale, Magnolia Shopping Center located in Magnolia, Arkansas. The Center Sits Along Highway 79 North, the Dominant Retail Artery in Magnolia, with Traffic Count of 11,000 VPD.