- 100% by National Credit Tenants – AutoZone & Fred’s
- Fred’s recently exercised last 5-year option
- AutoZone on new 10-year term
Davidson Bogel Real Estate | Capital Markets alongside CBRE in Fayetteville, Arkansas are pleased to present the opportunity to acquire Main Street Center (“Property”), a 24,048 square foot retail center located along the southeast corner of West Main Street and Ladd Street in Clarksville, Arkansas. Situated along the Main Street, the Property benefits from the abundant traffic from this major intersection as well as a strong and committed consumer base. Currently, the Property is 100% occupied by two national credit tenants, Fred’s and AutoZone. Main Street Center provides investors with the opportunity to acquire a terrific stabilized asset with proven credit tenancy, at a price below replacement cost.
Clarksville-Johnson County is a growing community of just over 25,000 residents situated on I-40 and the Arkansas River midway between Little Rock and Fort Smith. Clarksville-Johnson County is widely known for its peaches, scenic byways and abundance of natural outdoor recreational activities. The merger of the Ozark Mountains and the alluvial plains provides a combination of breathtaking scenery and the availability of sites flat enough for expansive Industrial activities. With the Arkansas River, Lake Dardanelle and the Ozark National Forest nearby, the area is truly one great for living, working, and enjoying leisurely activities.