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Town Plaza Shopping Center

$1,650,000
1275 East Main Street, Batesville, AR, Batesville
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Property Description

INVESTMENT HIGHLIGHTS

  • 54,498 SF Grocery Anchored Neighborhood Center
  • Notable Tenants: Cash Saver, Family Dollar and Two State Government Offices
  • Annual Rent Per Occupied SF is $4.81 | Priced Below Replacement Cost $30/SF
  • Internet-Resistant Tenant Mix with 86% of Income from National/Regional Tenants
  • 8,872 SF or 16% of Realizable Vacancy Upside
Address: 1275 East Main Street, Batesville, AR
State/County:
Zip: 72501
Country: United States
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Property Id : 35696
Price: $1,650,000
Property Size: 54,498 SF2
Property Lot Size: 6 AC
Cap: 9.05%
NOI: $149,269
Year Built: 1978

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