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Searcy Square Shopping Center 2702 E Race Ave 4,470 - 89,152 SF of Retail Space Available in Searcy, AR 72143
HIGHLIGHTS
- Well-Established Retail Center Along E. Race St.
- RARE +/- 34,000 SF Big Box Leasing Opportunity
- BOOMING Market with HIGH Tenant Demand
- Easy Access & Exposure to 26,000+ Cars Per Day
- Smaller SF Leasing Opportunities Available
- +/- 1 Acre Outparcel Opportunities Available
SPACE AVAILABILITY (4)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste +/- 1 AC Outparcel | 43,560 SF | Negotiable | $1.79 /SF/YR $0.15 /SF/MO $19.27 /m²/YR $1.61 /m²/MO $6,498 /MO $77,972 /YR | Triple Net (NNN) | ||
| 1st Floor, Ste 2702 | 34,724 SF | Negotiable | $10.00 /SF/YR $0.83 /SF/MO $107.64 /m²/YR $8.97 /m²/MO $28,937 /MO $347,240 /YR | Triple Net (NNN) | ||
| 1st Floor, Ste 2704 | 4,470 SF | Negotiable | $10.00 /SF/YR $0.83 /SF/MO $107.64 /m²/YR $8.97 /m²/MO $3,725 /MO $44,700 /YR | Triple Net (NNN) | ||
| 1st Floor, Ste 2708 | 6,398 SF | Negotiable | $10.00 /SF/YR $0.83 /SF/MO $107.64 /m²/YR $8.97 /m²/MO $5,332 /MO $63,980 /YR | Triple Net (NNN) |
2700-2712 E Race Ave - 1st Floor - Ste +/- 1 AC Outparcel
+/- 1 AC outparcel for ground lease
- Lease rate does not include utilities, property expenses or building services
- Space is an outparcel at this property
2700-2712 E Race Ave - 1st Floor - Ste 2702
Former Dirt Cheap
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Highly Desirable End Cap Space
2700-2712 E Race Ave - 1st Floor - Ste 2704
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
2700-2712 E Race Ave - 1st Floor - Ste 2708
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
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.
SELECT TENANTS AT SEARCY SQUARE SHOPPING CENTER
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Dirt Cheap
- Discount Store
- 69
- National
- H&R Block
- Acctg/Tax Prep
- 13,428
- International
- Smoker Friendly
- Tobacco
- 27
- National
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Dirt Cheap | Discount Store | 69 | National |
| H&R Block | Acctg/Tax Prep | 13,428 | International |
| Smoker Friendly | Tobacco | 27 | National |
PROPERTY FACTS
| Total Space Available | 89,152 SF | Frontage | 400’ on Race Street |
| Center Type | Neighborhood Center | Gross Leasable Area | 75,637 SF |
| Stores | 5 | Total Land Area | 9.20 AC |
| Center Properties | 1 | Year Built | 1980 |
| Total Space Available | 89,152 SF |
| Center Type | Neighborhood Center |
| Stores | 5 |
| Center Properties | 1 |
| Frontage | 400’ on Race Street |
| Gross Leasable Area | 75,637 SF |
| Total Land Area | 9.20 AC |
| Year Built | 1980 |
ABOUT THE PROPERTY
Haag Brown Commercial is pleased to present leasing & development opportunities at a well-positioned retail center on E. Race St. in Searcy, Arkansas! This established center benefits from its location on E. Race St., a primary commercial corridor, & boasts a high daily traffic count exceeding 26,000 vehicles, ensuring consistent exposure to a broad customer base. A range of opportunities are available to suit diverse business needs. A particularly noteworthy option is the +/- 34,000 square foot big box space, ideal for large-format retailers seeking to establish a strong presence in the Searcy market. This space is suitable for various retail concepts, including department stores, home goods retailers, & entertainment venues. In addition to the big box, smaller retail spaces are available for businesses seeking a more compact footprint. Furthermore, +/- 1-acre out-parcels along E. Race St. present unique development opportunities for restaurants, banks, or other freestanding businesses. The center provides ample parking, convenient access, & a diverse mix of existing tenants, creating a vibrant & attractive shopping environment. Join established retailers & capitalize on the center's strategic location. Contact Haag Brown Commercial today to discuss available options in this thriving retail market!
NEARBY MAJOR RETAILERS
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Searcy Square Shopping Center | 2702 E Race Ave
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