Mag-Wal | 1629 E Main St
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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
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
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
1 of 7
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Mag-Wal | 1629 E Main St
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