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2000 E Race Ave
Searcy, AR 72143

Retail Property For Sale

Investment Highlights

  • Sale price: $5,300,000 | Lease rate: $16.95/SF, NNN
  • Automotive showroom/ office/warehouse
  • Traffic count: approximately 19,000 vehicles per day on E Race Avenue
  • Zoning C-4
  • 12 roll-up doors

Executive Summary

This versatile property at 2000 E Race Ave in Searcy offers two buildings totaling approximately 24,768 SF on a 3.80-acre lot, featuring an automotive showroom, office space, and warehouse with 12 roll-up doors. Located on a main arterial with exposure to about 19,000 vehicles daily, the site is surrounded by local and national retailers, medical centers, and provides quick access to Highway 67 and Harding University. Available for sale at $5,300,000 or lease at $16.95/SF (NNN), this C-4 zoned property presents a strategic opportunity in a growing market recognized for recent developments and national retailer expansions.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Auto Dealership
Building Size
24,768 SF
Building Class
C
Year Built/Renovated
1965/1996
Price
$7,536,600 CAD
Price Per SF
$304 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.12
Lot Size
4.93 AC

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
016-10489-000
Land Assessment
$191,488 CAD
Improvements Assessment
$216,989 CAD
Total Assessment
$408,477 CAD
  • Listing ID: 32596262

  • Date on Market: 2024-07-26

  • Last Updated:

  • Address: 2000 E Race Ave, Searcy, AR 72143

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