1009 N Hervey Street, Hope, AR

$579,000

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6,012

Square feet

1.17

Acres

About 1009 N Hervey Street

This fully-leased, three-tenant retail center at 1009 N Hervey St offers investors a rare combination of strong in-place income and an outstanding 11% cap rate. The 6,000 SF building is 100% occupied by a mix of national, regional, and local tenants, providing built-in diversification and reduced rollover risk. All leases are structured as NNN or modified gross, minimizing landlord responsibilities and supporting stable, low-management cash flow. The sale also includes an adjacent 0.83-acre vacant lot behind the building, offering future expansion, outparcel development, or additional parking potential. Positioned along a well-traveled Hervey Street corridor in Hope, Arkansas, this is a turnkey investment opportunity for a buyer seeking dependable returns with upside.

Features of 1009 N Hervey Street

MLS® # 1354985
Price $579,000
Square Footage 6,012
Acres 1.17
Year Built 1984
Type Commercial Sale
Sub-Type Retail
Status Active

Community Information

Address 1009 N Hervey Street
City Hope
Province AR
Postal Code 71801

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No

Exterior

Lot Description Central Business District

Additional Information

Date Listed July 13th, 2026
Days on Market 1

Listing Details

AgentJeff Pederson
OfficeLindsey & Associates Inc

Listing Map

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