Benton, AR - Terra Bryant Multi Tenant

20461 Interstate 30, Benton, AR

$5,612,000

Price

7.06%

Cap Rate

$396,226

NOI

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Overview
Cap Rate
7.06%
NOI
$396,226
Building Size
9,934 sqft
Description

• Opportunity to acquire a brand-new multi-tenant strip center with endcap drive-through located along one of Arkansas’s most successful retail corridors
• Shoppes at Benton is ranked #1 strip center in the 25-mile radius and #3 in the state of Arkansas, featuring Hoby Lobby, Homegoods, TJ Maxx, ULTA, PetSmart, and more
• Hurricane Creek Village is ranked #8 community shopping center in Arkansas, featuring the #1 performing Kroger in Arkansas
• Alcoa Exchange Shopping Center is ranked #5 community shopping center in Arkansas, featuring Target, Burlington, Five Below, Kohl’s, and more

• The subject property is strategically fronting I-30 Frontage Road averaging 18,000 VPD
• Directly off US Highway 67 (106,000 VPD), a major retail thoroughfare serving the city of Benton that allows direct on/off ramp access for travelers
• US Highway 67 runs directly through the major residential corridor, providing a direct consumer base from which to draw
• Surrounded by top performing shopping centers according to Placer.ai: Shoppes at Benton, Hurricane Creek Village, and Alcoa Exchange Shopping Center are ranked as top centers in Arkansas and throughout the country
• Strong tenant synergy increases consumer draw to the immediate trade area and increases crossover synergy
• The site has excellent visibility via significant street frontage and multiple points of access, providing ease and convenience for customers

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Listing ID: a28TP0000000bXRYAY
Location
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