SHOP Companies is pleased to present the opportunity for a qualified investor to acquire this Harps Food Store in Paris, AR. Built in 2012, this single-tenant free-standing retail property is +/- 27,993 SF and sits on approximately 4.30 acres. At close of escrow, Harp's Food Stores, Inc. will execute a new, 15-Year, Absolute NNN Lease. Priced at only $68/SF, the offering represents exceptional value and at a fraction of replacement costs.
Harps Food Store is located on E Walnut Rd (AR 22) and runs through the center of Paris, AR. Nearby national tenants include Walmart, McDonald's, Subway, O'Reilly's, Casey's, and Dollar General. Paris is a city in Franklin County along the Arkansas River in the Arkansas River Valley on the southern edge of the Ozark Mountains.
Founded in 1930, Harps has grown steadily to just under 150 stores and over $1.56B in revenue. In 2022, Newsweek Magazine named Harps the #3 Best Grocery Retailer in the US. In 2024, the same publication named Harps among America's Greatest Workplaces for Parents and Families.