2642 US-71 Mena, AR Retail/Industrial with Acreage

2642 North U.S. 71, Mena, AR

$1,350,000

Price

7%

Cap Rate

20,035 sqft

Building Size

Overview
Cap Rate
7%
Building Size
20,035 sqft
Lot Area
8.28 acres
Year Built
2010
Roof
Metal
Heating
Geothermal System
Cooling
Geothermal System
Description

Custom-built retail/service building along busy US-71 N in Mena, Arkansas. 20,035+/- sf on 8.28+/- level acres.

May be purchased as follows subject to final survey:

1.  Tract 1= 3.28+/- acres and 20,035+/- sf of buildings (includes main level, 10,885+/- sf, and mezzanine, 7500+/- sf, plus storage building at 1650+/- sf

Price $1,250,000

2.  Tract 2=5+/- acres may be added for price of $1,350,000.

3.  Owner will sell the operating business---details available with execution of confidentiality agreement

 Nice lobby/showroom with custom counter, 3 offices, 4 restrooms, inventory storage, kitchenette/breakroom, and an additonal retail space that may be leased. The Geothermal system & fully spray foam insulated.

6' reinforced concrete slab foundation in perfect condition!

 339' of frontage and an 8300+VPD traffic count on US-71N at this location! 

Selling for $62.39/sf, well below replacement cost!!


Mena , Arkansas is a beautiful town in Polk County, near the AR/OK border. The region has a strong and capable workforce, an agreeable cost of living, low crime, and many local tourist attractions. This retail/industrial property is located along busy US-71N, and has a traffic count of 8300+VPD.


Custom built of commercial-grade steel with 17' sidewalls, ceiling peak hieght of 22' and 10' overhangs on the west and east sides of the building. Metal roof!

Fully insulated with sprayfoam, including doors. Geothermal energy system keeps utilities at around $500/monthly! 

Build on a 6" reinforced concrete slab tht is in near-perfect condition. 

Service shop has 6 overhead passthrough doors and separate warehouse has 6 roll-up passthrough doors, all fully insulated. 

Potential for owner financing with conditions. 

 


Location