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Hervey Shopping Center

29,000 Square Feet

  • Location

    515 North Hervey Street
    Hope, AR, 71801
    Hempstead County
    33.67270, -93.59733
  • Listing Size

    29,000 Square Feet Not Subdividable

  • Property Type

    Flex Building

    Office Building

Transportation Infrastructure


Primary Airport
Texarkana Regional - Webb Field

Commercial, Freight, Charter

27.3 Miles

  • Shreveport Regional Airport (SHV)

    Commercial, Freight, Charter

    85.2 Miles

Primary Interstate
I-30

1 Miles

  • I-20 76.2 Miles

Primary Highway
US-67

0.5 Miles

  • US-278 0.8 Miles
  • State Hwy 4 5.71121430870777 Miles
  • State Hwy 73 5.71121430870777 Miles

Primary Rail
Kiamichi

0.1 Miles

  • Union Pacific 0.2 Miles
  • Kelowna Pacific Railway 15.6289895713357 Miles
  • Union Pacific Railroad 112.054607769826 Miles

Primary Navigable Water
Red River

Shallow

20631.4738268746 Miles

  • Ouachita River

    Shallow

    64559.4692264077 Miles

Primary Water Ports
Port of Camden

Shallow

44.8 Miles

  • Port of Shreveport-Bossier

    Shallow

    90.5 Miles
  • Port of Little Rock

    Shallow

    168417.862008066 Miles
  • Port of Fort Smith

    Shallow

    209325.383993418 Miles

Data Source

The base lease price for the approximately 29,000 square foot vacant space would be approximately $4-5 per foot, depending on the terms of the lease and the level and amount of finish-out requested. In addition, the taxes, insurance, and common area expenses passed through for this shopping center have been running approximately .50 per year.
This base lease amount does not allow for any real estate commissions paid by Landlord (if applicable because Tenant has a broker) unless otherwise negotiated.
This lease price is negotiable.
Our other tenants are Stage, Cato Its Fashion, Fred's, Action Rentals, and a Chinese Restaurant.
The entire retail shopping center (approximately 90,000+ s.f.) is available for sale for $2,425,000. This includes all of the above tenants, plus the above-referenced vacant space.
The smallest column is 20 x 40 feet. About half of the area has larger spacing. There are 10 interior columns total. This space is the interior part of a larger shopping center with plenty of parking.

Specifications


Floors
On Slab Yes
Slab Thickness 4
Truck Facilities
Has Truck Facilities Yes
Wells 2
Docks 2
Floor-Level Doors 0
Main
Size 29000 sq ft
Column Spacing 20 ft × 40 ft
Ceiling Height 13 ft
Eave Height 13 ft
Air Conditioning Yes
Heating Yes
Floor Material Concrete
Electricity Hope Water & Light
Water Hope Water & Light
Telecommunications AT&T
Natural Gas Centerpoint Energy
Sewer City of Hope
Fiber-Optic AT&T
Lease Price $4-5 per square foot, depending on lease term & finish-out
Sale Price $2,425,000
Property ID 7751
Lot Size 0.5 Acres
Enterprise Zone Yes
Foreign Trade Zone No
Industrial Park No
Within City Limits Yes
Prior Use Grocery Store
Free-Standing No
Multi-Tenant Yes
Cranes
Cranes No
Cold Storage
Cold Storage No

Documentation


Photos
JPG (63 KB)
JPG (50 KB)
JPG (103 KB)

Demographics


Custom Analysis
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Anna Powell

870-777-8485 Office

Email



, AR

Property Last Updated 4/8/2024 9:42:06 AM


Site Selection Center

Building in Hempstead County, AR

Hervey Shopping Center

The base lease price for the approximately 29,000 square foot vacant space would be approximately $4-5 per foot, depending on the terms of the lease and the level and amount of finish-out requested. In addition, the taxes, insurance, and common area expenses passed through for this shopping center have been running approximately .50 per year.
This base lease amount does not allow for any real estate commissions paid by Landlord (if applicable because Tenant has a broker) unless otherwise negotiated.
This lease price is negotiable.
Our other tenants are Stage, Cato Its Fashion, Fred's, Action Rentals, and a Chinese Restaurant.
The entire retail shopping center (approximately 90,000+ s.f.) is available for sale for $2,425,000. This includes all of the above tenants, plus the above-referenced vacant space.
The smallest column is 20 x 40 feet. About half of the area has larger spacing. There are 10 interior columns total. This space is the interior part of a larger shopping center with plenty of parking.
29,000 Square Feet
Contiguous Available:

Subdividable: No
Multi-Tenant: Yes

Listing Price

Sale Price
$2,425,000

Lease Price
$4-5 per square foot, depending on lease term & finish-out

Property Type

  • Flex Building
  • Office Building

This is only a summary of this property. For complete details visit:
https://arkansassiteselection.com/Property/Detail/7751/Hervey-Shopping-Center


Site Selection Center

Hervey Shopping Center

Transportation Infrastructure

  • 515 North Hervey Street
  • Hope, Arkansas 71801

Airports

  • Primary:
    Texarkana Regional - Webb Field

    27.3 Miles

  • Additional:
    Shreveport Regional Airport (SHV)

    85.2 Miles

Interstates

  • Primary:
    I-30

    1 Miles

  • Additional:
    I-20

    76.2 Miles

U.S. Highways

  • Primary:
    US-67

    0.5 Miles

  • Additional:
    US-278

    0.8 Miles

Rail

  • Primary:
    Kiamichi

    0.1 Miles

  • Additional:
    Union Pacific

    0.2 Miles

Navigable Water

  • Primary:
    Red River

    Red River Miles

  • Additional:
    Ouachita River

    64559.4692264077 Miles

Ports

  • Primary:
    Port of Camden

    44.8 Miles

  • Additional:
    Port of Shreveport-Bossier

    90.5 Miles

Site Selection Center


Hervey Shopping Center

Property Details

Construction

Floors

On Slab: Yes
Slab Thickness: 4

Truck Facilities

Truck Facilities: Yes
Wells: 2
Docks: 2
Floor Level Doors: 0

Fire Protection

Cranes

Has Cranes: No

Utilities

Electricity

Provider: Hope Water & Light

Water

Provider: Hope Water & Light

Telecommunications

Provider: AT&T

Natural Gas

Provider: Centerpoint Energy

Sewer

Provider: City of Hope

Fiber-Optic

Provider: AT&T

Cold Storage

Has Cold Storage: No


Site Selection Center

Hervey Shopping Center

Space & More Information

Space Size Column Spacing Ceiling Height Eave Height Air Conditioning Heating
Main 29000 Sq Ft 40 × 20 Sq Ft 13 Ft 13 Ft Yes Yes

More Information

Property Id: 7751 Within City Limits: Yes
Lot Size: 0.5 Acres Renewal Community: No
Enterprise Zone: Yes Former Use: Grocery Store
Foreign Trade Zone: No Free Standing: No
Industrial Park: No Multi-Tenant: Yes

Additional Images

Building Image 1

Site Selection Center

Hervey Shopping Center

Demographics


Site Selection Center

Hervey Shopping Center

Ready to learn more about this site?

Anna Powell

anna@hopeusa.com

Office: 870-777-8485
Mobile:
Fax:



, AR

Entergy Corporation and its subsidiaries, including Entergy Services, LLC, Entergy Arkansas, LLC, Entergy Louisiana, LLC., Entergy Mississippi, LLC, Entergy New Orleans, LLC, Entergy Texas, Inc., (collectively, the “Entergy Companies”) are not licensed to market any real property.

Information about these properties is provided merely to assist in economic development efforts. The Entergy Companies make no representations or warranties whatsoever regarding accuracy or completeness of the information nor the condition or suitability of these properties. Inquiries about any property should be directed to the listing broker for that property. Used only with the permission of the Entergy Companies. Usage restricted.

© 1997 – 2024, Entergy Corporation, All Rights Reserved.

This is only a summary of this property. For complete details visit:
https://arkansassiteselection.com/Property/Detail/7751/Hervey-Shopping-Center

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