Office Space / Arkansas / Hope / 71801 / 2510 North Hervey Street

2510 North Hervey Street

Q: What is the asking price for 2510 North Hervey Street in Hope?

The asking price for 2510 North Hervey Street is $1,160,847

Q: What is the building size of this Office property in Hope, AR?

The size of the building/unit at 2510 North Hervey Street in Hope is 7,032 square feet.

Q: How much land does the Hope, AR property at 2510 North Hervey Street include?

2510 North Hervey Street in Hope includes 1.000 acres of land.

Q: What kind of Office is the propery at 2510 North Hervey Street?

The property at 2510 North Hervey Street Hope, AR 71801 is listed as a Medical Office property.

Q: What is the population within 1 mile of 2510 North Hervey Street?

The population within 1 mile of 2510 North Hervey Street Hope, AR 71801 is 756 people.

Q: Who do I contact for questions about 2510 North Hervey Street?

You should contact the listing agent, Sheree Strome, for any details regarding this commercial listing.

Hope, AR 71801

Listing ID: 254801

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Building Size: 7,032 SF

Lot Size: 1.000 AC

Land Size: 43,560 SF

Building $/SF: $165.08

Land $/SF: $26.65

Price

$1,160,847

Description

• MED Southwest, PLLC, dba MyEyeDR., has more than 6 years remaining on their initial lease term with two 7-year options to extend
• Recent construction - built in 2017 and includes a tenant investment from MyEyeDr. of more than $1M in property upgrades to this building, demonstrating their long-term commitment to this site
• The lease features 10% rental increases at the beginning of each option, generating NOI and hedging against inflation
• Tenant pays for CAM, taxes, insurance and maintains most of the premises
• Landlord responsibilities limited to roof, structure and HVAC
• Ideal, management-free investment for a passive investor

Points of Interest & Demographic Radii

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POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.

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Listing Demographics for 2510 North Hervey Street Hope, AR 71801

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

		1-Mile	3-Miles	5-Miles
Total Population		756	7,020	10,188
Population Median Age		34	37	36
Population by Age	0-9 Yrs	69 (9%)	908 (12%)	1587 (15%)
	10-19 Yrs	156 (20%)	1120 (15%)	1533 (15%)
	20-29 Yrs	162 (21%)	974 (13%)	1283 (12%)
	30-39 Yrs	52 (6%)	764 (10%)	1146 (11%)
	40-49 Yrs	164 (21%)	1132 (16%)	1475 (14%)
	50-59 Yrs	68 (8%)	975 (13%)	1321 (12%)
	60-69 Yrs	44 (5%)	531 (7%)	847 (8%)
	70+ Yrs	41 (5%)	616 (8%)	997 (9%)

Median HH Income		$36,966	$36,658	$38,374
Total Household Income	< 24K	121 (44%)	743 (30%)	1091 (30%)
	25-49K	67 (24%)	777 (31%)	1005 (28%)
	50-74K	68 (24%)	507 (20%)	726 (20%)
	75-99K	5 (1%)	255 (10%)	401 (11%)
	100-199K	13 (4%)	177 (7%)	297 (8%)
	200K+	0 (0%)	13 (0%)	38 (1%)

Highest Education Level	No Diploma	177	1156	1542
	Diploma or GED	160	1715	2264
	Some College	54	876	1347
	Assoc. Degree	8	330	512
	Bachelors Degree	16	256	486
	Higher Degree	4	99	193

Total Housing Units		356	3,410	4,738
--Owner-Occupied		167	1,282	1,952
--Renter-Occupied		107	1,190	1,607
Owner-Occupied Values	< 100K	133	956	1340
	100-199K	32	268	490
	200-299K	0	44	83
	300-399K	0	1	7
	400-499K	1	5	15
	500K+	0	8	16

Total Working Age Population		556	5,311	7,515
In Work Force		414	3,369	4,566
Not In Work Force		142	1,943	2,949
Workforce Employed		389	3,189	4,325
Workforce Unemployed		25	180	240
Civlian Workforce		414	3,369	4,566
Military Workforce		0	0	0

Total Households		274	2,472	3,558
Family Households		196	1,743	2,529
Non-Family Households		78	729	1,029
Married Couple		84	882	1,358
Other Family		111	862	1,170
Married w/Child		39	359	538
Single Male w/Child		31	183	221
Single Female w/Child		66	361	558

Population Change Last Two Decades - Plus Projection

	2000	%	2010	%	2020	%	2030
Arkansas	2,673,400	+9	2,915,918	+5	3,072,430	+6	3,271,344
Hempstead County	23,587	-4	22,609	-1	22,471	0	22,471

Total Working Age Population:

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No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Common Questions and Answers

What is the asking price for 2510 North Hervey Street in Hope?

The asking price for 2510 North Hervey Street is $1,160,847

What is the building size of this Office property in Hope, AR?

The size of the building/unit at 2510 North Hervey Street in Hope is 7,032 square feet

How much land does the Hope, AR property at 2510 North Hervey Street include?

2510 North Hervey Street in Hope includes 1.000 acres of land

What kind of Office is the propery at 2510 North Hervey Street?

The property at 2510 North Hervey Street Hope, AR 71801 is listed as a Medical Office property

What is the population within 1 mile of 2510 North Hervey Street in Hope?

The population within 1 mile of 2510 North Hervey Street Hope, AR 71801 is 756 people.

Who do I contact for questions about 2510 North Hervey Street?

You should contact the listing agent, Sheree Strome, for any details regarding this commercial listing.

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401 East Street, Texarkana, AR	$400,000	5217	0.48
2601 Texas Boulevard, Texarkana, TX	$1,000,000	21344	1.49
2603 Texas Boulevard, Texarkana, TX	$850,000	21344	1.49
123 Main St, Texarkana, TX	$1,000,000	76000	-
2501 Summerhill Road, Texarkana, TX	$185,000	1800	0.21
520 Redwater Road, Wake Village, TX	$144,000	2100	0.23
520 Redwater Road, Wake Village, TX	$144,000	2100	0.23

Closest Commercial Airports

Airport	Distance (mi)
Bill & Hillary Clinton National Airport/Adams Field (LIT)	107
Fort Smith Regional Airport (FSM)	122
Monroe Regional Airport (MLU)	122