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~88K SF Retail Redevelopment! 1 Kmart Plz 88,000 SF of Retail Space Available in Cabot, AR 72023
HIGHLIGHTS
- RARE Junior/Big Box Redevelopment Opportunity in Cabot, Arkansas!
- BOOMING Market with Limited Box Space Availability
- Major U.S. Hwy 167 Construction / Updates to Support Cabot's Growth
- Owner has the Ability to Meet Specific Square Footage Needs with Redevelopment
- Adjacent to Home Depot & Surrounded by National Hotels, Retail, & Restaurants
- Potential of Two (2) One (1) Acre Outparcels in Tight Market
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 88,000 SF | Negotiable | $10.00 /SF/YR $0.83 /SF/MO $107.64 /m²/YR $8.97 /m²/MO $73,333 /MO $880,000 /YR | Triple Net (NNN) |
1st Floor
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Space In Need of Renovation
- 2 Loading Docks
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 88,000 SF | Gross Leasable Area | 88,000 SF |
| Property Type | Retail | Year Built | 1990 |
| Property Subtype | Freestanding |
| Total Space Available | 88,000 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 88,000 SF |
| Year Built | 1990 |
ABOUT THE PROPERTY
Haag Brown Commercial is excited to present leasing opportunities within a landmark re-development project in Cabot, Arkansas! The former K-Mart building, comprising +/- 88,000 SF, is undergoing a complete transformation into a modern & exciting retail destination. Its strategic positioning between The Home Depot & Kroger Marketplace, coupled with proximity to established national retailers & newly constructed hotels, creates a highly desirable location. The redeveloped property will feature updates to facades, incorporating enhanced Tenant signage for optimal visibility. The optimized site plan will create out-parcel opportunities as well, accommodating QSR or single/multi-tenant needs. Haag Brown Commercial is curating a selection of national tenants, with a focus on attracting a diverse mix of retail, dining, & service providers to create a synergistic environment! Cabot, Arkansas, boasts a growing population & a strong local economy, making it an ideal market for retailers. The redevelopment project aims to significantly enhance Cabot's retail environment, providing a modern & convenient shopping experience for residents & visitors alike. Leasing opportunities are available for a variety of space sizes & configurations, with competitive lease terms & tenant improvement allowances offered to qualified tenants. Contact Haag Brown Commercial today to learn more about this exciting redevelopment opportunity!
- Dedicated Turn Lane
- Pylon Sign
- Signage
- Signalized Intersection
NEARBY MAJOR RETAILERS
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~88K SF Retail Redevelopment! | 1 Kmart Plz
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