List Search

1826-2133 North West Avenue
El Dorado, AR 71730

$13,900,000 USD

Supermarket For Sale  •  237,519 SF

Property Details

  • Property Type Supermarket
  • Total Building Size 237,519 SF
  • Lot Size 22.3 AC
  • Year Built 2000
  • Cap Rate 8.69 %
  • Tenancy Multiple
0 Transit Score
53 Walk Score

Highlights

Mellor Park is the Dominant Shopping Center in El Dorado & Boasts a Strong National Tenant Mix Including TJ Maxx, Hobby Lobby Etc.
Value-Add Regional Mall: Property is Currently 77.5% Occupied, Creating an Opportunity For NOI Appreciation By Filling the Vacant Suites
TJ Maxx and Citi Trends Both Report Exceptional Sales - Reach Out For Details
The Large Parking Field in the Rear Has the Potential For Redevelopment With Approximately 5 Acres of Developable Area
The Site Includes Three (3) Pad Sites: Applebee's, Yamato Japanese Restaurant and Red River Credit Union
Bealls Has Executed a 10-Year Lease and Just Opened For Business in October 2024
Cap Rate: 8.69 %

Major Tenants

Tenant SF Occupied Lease End Date
Applebees 5,000 SF 3/31/2030
Bealls 26,000 SF 1/31/2035
Citi Trends 12,000 SF 1/31/2027
Dollar Tree 12,500 SF 4/30/2027
Hobby Lobby 53,326 SF 9/30/2027
Mall Office 1,200 SF
Memo's Beauty 4,000 SF 6/30/2028
Nails by 2 1,425 SF 6/30/2028
Red River CU 2,400 SF 9/30/2032
Rhea Lana's 27,777 SF
Ethan Offenbecher 737-205-2056 Sands Investment Group Austin, LLC
Ethan Offenbecher 737-205-2056 Sands Investment Group Austin, LLC