High-Return Stabilized Retail Center | 924 W Keiser Ave
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High-Return Stabilized Retail Center 924 W Keiser Ave
27,450 SF 100% Leased Retail Building Osceola, AR 72370 $983,800 ($36/SF) 9.50% Cap Rate
Investment Highlights
- Strong Investment Opportunity :: Long Established Retail Center
- Good Track Record of Being Fully Leased with Deep-Rooted Tenants
- Exposure to 19,300 CPD, the City's Highest Traffic Count
- Centrally Located Along City's Main Retail Thoroughfare
- Well Positioned at Major Signalized Intersection of State Hwy 140 (W. Keiser) and US Hwy 61
Executive Summary
Haag Brown Commercial is excited to present a combination investment package of the Gateway Shopping Center, a prime retail property located along West Keiser Avenue, Osceola’s main retail thoroughfare, and the State Revenue Office. These properties are a combined +/- 27,450 square feet.
The properties boast a highly advantageous position at the major signalized intersection of State Hwy 140 (W. Keiser) and US Hwy 61, directly across from Walgreens. Its central location places it at the heart of Osceola’s commercial activity, with the Osceola School System, SMC Regional Medical Center, a variety of restaurants and retailers, and American Greetings Mississippi County’s largest employer—all nearby. This area enjoys the highest traffic count in the city, with 19,300 cars passing daily.
The Gateway Shopping Center has a strong history of full occupancy with stable, long-term tenants. Recent updates include a recently refreshed facade, enhancing its appeal. Given its excellent location, tenant track record, and investment potential, this property represents a solid investment opportunity for the foreseeable future.
The properties boast a highly advantageous position at the major signalized intersection of State Hwy 140 (W. Keiser) and US Hwy 61, directly across from Walgreens. Its central location places it at the heart of Osceola’s commercial activity, with the Osceola School System, SMC Regional Medical Center, a variety of restaurants and retailers, and American Greetings Mississippi County’s largest employer—all nearby. This area enjoys the highest traffic count in the city, with 19,300 cars passing daily.
The Gateway Shopping Center has a strong history of full occupancy with stable, long-term tenants. Recent updates include a recently refreshed facade, enhancing its appeal. Given its excellent location, tenant track record, and investment potential, this property represents a solid investment opportunity for the foreseeable future.
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
27,450 SF
Building Class
C
Year Built
1975
Price
$983,800
Price Per SF
$36
Cap Rate
9.50%
NOI
$93,461
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.40
Land Acres
1.57 AC
Opportunity Zone
Yes
Zoning
Commercial
Parking
54 Spaces (1.97 Spaces per 1,000 SF Leased)
Frontage
192 FT on West Keiser Avenue
PROPERTY TAXES
| Parcel Number | 301-00180-000 | Improvements Assessment | $60,113 |
| Land Assessment | $27,418 | Total Assessment | $87,531 |
PROPERTY TAXES
Parcel Number
301-00180-000
Land Assessment
$27,418
Improvements Assessment
$60,113
Total Assessment
$87,531
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Nathan Eller -
Haag Brown Commercial
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High-Return Stabilized Retail Center | 924 W Keiser Ave
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