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Independence Square Shopping Center -For Sale 425-475 S Saint Louis St 64,212 SF 81% Leased Retail Building Batesville, AR 72501 $5,490,460 CAD ($85.51 CAD/SF)
Investment Highlights
- 80.83% occupied; Existing leases staggered with current lease expirations ranging from 2028 to 2032; Rent roll and pro forma available upon request
- Just minutes from Lyon College, one of the most popular private colleges in the state
- Tenants include Ollie’s Bargain Outlet, Harbor Freight Tools, and Fastenal
- Positioned near the corner of South St. Louis St and East College Ave
- Newly renovated storefronts and pylon signage; Ample parking
Executive Summary
• Rent roll and pro forma available upon request and receipt of a signed NDA
• Positioned near the corner of South St. Louis St and East College Ave
• Just minutes from Lyon College, one of the most popular private colleges in the state
• Newly renovated storefronts and pylon signage
• Ample parking
• Tenants include Ollie’s Bargain Outlet, Harbor Freight Tools, and Fastenal
Property Facts
Amenities
- Signage
Sustainability
Sustainability
ENERGY STAR® Energy Star is a program run by the U.S. Environmental Protection Agency (EPA) and U.S. Department of Energy (DOE) that promotes energy efficiency and provides simple, credible, and unbiased information that consumers and businesses rely on to make well-informed decisions. Thousands of industrial, commercial, utility, state, and local organizations partner with the EPA to deliver cost-saving energy efficiency solutions that protect the climate while improving air quality and protecting public health. The Energy Star score compares a building’s energy performance to similar buildings nationwide and accounts for differences in operating conditions, regional weather data, and other important considerations. Certification is given on an annual basis, so a building must maintain its high performance to be certified year to year. To be eligible for Energy Star certification, a building must earn a score of 75 or higher on EPA’s 1 – 100 scale, indicating that it performs better than at least 75 percent of similar buildings nationwide. This 1 – 100 Energy Star score is based on the actual, measured energy use of a building and is calculated within EPA’s Energy Star Portfolio Manager tool.
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Wholesaler
- -
- -
- -
- -
Fastenal began in 1967 as a distributor of fasteners and related industrial and construction supplies. The company now serves customers through industrial and construction distribution, along with supply chain services that include inventory management, vending, logistics, and onsite support. Fastenal also offers OEM, MRO, construction, industrial, and safety products through a broad service model built around branch-based and customer-site support. The business has grown from a regional fastener shop into a company with a significant North American and international presence.
-
- Retailer
- -
- -
- Triple Net
- Aug 2021
Harbor Freight Tools began as a mail-order tool business in Southern California in 1977 and has since expanded into a retail and e-commerce company serving customers across the United States. The company sells a wide assortment of tools and equipment, including automotive products, hand tools, power tools, storage solutions, outdoor power equipment, generators, welding supplies, and shop equipment. Harbor Freight has built its business around value-focused sourcing and direct retail distribution, with stores supported by online shopping and customer support services. The business remains centered on serving DIY users, tradespeople, and other customers who need practical tools and equipment for everyday projects.
- Ollie's Bargain Outlet
- Retailer
- -
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Wholesaler | - | - | - | - | |
|
|
Retailer | - | - | Triple Net | Aug 2021 | |
| Ollie's Bargain Outlet | Retailer | - | - | - | - |
Space Availability
- Space
- Size
- Space Use
- Position
- Available
• Positioned near the corner of South St. Louis St and East College Ave • Just minutes from Lyon College, one of the most popular private colleges in the state • Rear loading dock • Signage opportunity • Ample parking • Co-tenants include Ollie’s Bargain Outlet, Harbor Freight Tools, and Fastenal
| Space | Size | Space Use | Position | Available |
| C | 11,969 SF | Retail | - | Now |
C
| Size |
| 11,969 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
C
| Size | 11,969 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
• Positioned near the corner of South St. Louis St and East College Ave • Just minutes from Lyon College, one of the most popular private colleges in the state • Rear loading dock • Signage opportunity • Ample parking • Co-tenants include Ollie’s Bargain Outlet, Harbor Freight Tools, and Fastenal
Nearby Major Retailers
Property Taxes
| Parcel Number | 1100436000C | Improvements Assessment | $204,509 CAD |
| Land Assessment | $215,143 CAD | Total Assessment | $419,652 CAD |
Property Taxes
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Independence Square Shopping Center -For Sale | 425-475 S Saint Louis St
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