This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

Mag-Wal 1629 E Main St

596,023 SF 100% Leased Retail Building Magnolia, AR 71753 £3,062,509 (£5/SF) 6% Net Initial Yield

Investment Highlights

  • Great Location. Centrally located. High Visibility.

Executive Summary

Brookshires grocery and Atwoods as major tenants.
Located in the Heart of Magnolia main retail area. At the corner of Hwys 79&82B

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Retail
Building Size
596,023 SF
Building Class
C
Year Built
1980
Price
£3,062,509
Price Per SF
£5
Net Initial Yield
6%
NOI
£183,787
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
1.63
Lot Size
8.39 AC
Zoning
C-2 - Commercial
Parking
413 Spaces (3.85 Spaces per 1,000 SF Leased)
Frontage
333 ft on Highway 79 Bypass South

Amenities

  • Pylon Sign
  • Signage

About 1629 E Main St , Magnolia, AR 71753

PROPERTY HIGHLIGHTS • Great Location. Centrally located. High Visibility. • Long term anchor tenants. • 100% occupancy. • 4-5 years remaining with anchor tenants. • Ample Parking • 1/2 Block for Wal-Mart Supercenter. • Corner lot with stop lighted intersection

Nearby Major Retailers

Brookshire's Food & Pharmacy
Brookshire's
Western Sizzlin
  • Listing ID: 6612584

  • Date on Market: 05/11/2009

  • Last Updated:

  • Address: 1629 E Main St, Magnolia, AR 71753

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}