Property Listing No Longer Available for Sale

1280 Hwy 278 Byp, Camden, AR

Retail for Sale - $3,150,000 - 83,587 Sq. Ft.


Property Info

CIMLS#976354
Location
  1280 Hwy 278 Byp
  Camden AR 71701
UpdatedNovember 8th, 2019
TypeRetail
Price$3,150,000
Building83,587 Sq. Ft.

Property Description

Price recently reduced to $3,150,000. Atwood's Farm & Ranch anchors Camden Market Place with a 55,800 SF end cap space. Market Place is an 83,586 SF retail center at the corner of Highway 278 and Cash Road in Camden, AR. Co-tenants include Dollar Tree (recent renewal), It's fashion, Shoe Show, and Cato. Priced aggressively at only $38/SF and existing 9.16% in place cap rate. New investors have upside two ways. 1.) Sell, ground lease, or build to suit the existing pad. 2.) Utilize the remaining 9,000 SF of dead space for indoor storage. All tenants reimburse for their share of taxes, insurance, and common area maintenance. Contact the exclusive listing agent for more information on this property.


Financials