16727 Highway 62Garfield, AR 72732

For Sale
$775,683

High-yield, 5,000 sq ft retail building.

Overview

Added:
Feb 3
Days on market:
39
This exceptional investment property, located at 16727 Highway 62 Unit 2, Garfield, AR, presents a compelling opportunity for discerning investors. The 5,000 square foot retail building sits on a sizable 3-acre lot, boasting over 200 feet of prime Highway 62 frontage. This provides excellent visibility and accessibility for businesses. The property is currently 100% leased under a triple-net (NNN) lease structure, ensuring a consistent income stream. Importantly, new leases commenced in 2025, securing long-term rental income. The building itself underwent a complete remodel in 2023, ensuring modern and attractive spaces for tenants. The property's strategic location on Highway 62, coupled with the substantial lot size, offers significant potential for future expansion or development. The current 9.3% capitalization rate demonstrates the strong financial performance of this investment. This is a turnkey investment opportunity with a proven track record and significant upside potential. The two-tenant building provides diversification and reduced risk, making it an attractive option for investors seeking stable returns. The property's size and location make it ideal for a variety of retail uses. This is a rare opportunity to acquire a high-performing retail property in a desirable location.

Property Details for 16727 Highway 62

Property type
Retail properties, Other retail properties
Square Feet
5,000 SF
Year Built
2017
Lot Size (sq. ft)
130,680 SF

Location Insight

City
Garfield
County
Benton
State
Arkansas
Latitude
36.44561
Longitude
-94.00759
16727 Highway 62, Garfield, Arkansas

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16727 Highway 62
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