7781 Highway 167 S - Convenience Store FOR SALE


Sheridan, AR 72150
$1,275,000 USD
669-280-5989
7781 Highway 167 S, Sheridan, AR for Sale
$1,275,000 USD
Convenience Store - FOR SALE
1/30
null | Request Cap Rate

7781 Highway 167 S
Sheridan, AR 72150


HIGHLIGHTS

  • 7781 Highway 167 S is a 3,000-square-foot gas station and convenience store remodeled in 2022 on a large 2.53-acre parcel in Sheridan, Arkansas.
  • Owner/User offering W additional potential revenue streams. Relatively wealthy area for rural locales, an avg household income of $80K+ within 10 mi.
  • Convenience Store: Most lucrative stations also operate a convenience store, selling snacks, drinks, and other essentials with a high profit margin.
  • Offering services like oil changes, car washes, or tire checks can attract more customers and add another revenue stream.
  • Valuable location off Highway 167, a primary north-south artery that leads to Interstate 530 to the heart of Little Rock, attracting regular customers
  • Owner/Operator tax benefit potential or leasing to another operator could provide steady rental income.

OVERVIEW

7781 Highway 167 S is a 3,000-square-foot asset that was essentially rebuilt in 2022 from a shell building. It now sports the sleek, modern look and blue accents with an artificial stone façade for some rustic character. The property features a car vacuum station, two dual-sided fuel pumps, and a propane fuel exchange. This particular location also has storage for grain feed and hay, especially suitable for this agricultural area. The Sheridan location was built to the high-end specifications of a new gas station and convenience store chain. The company was forced to declare bankruptcy in 2024 by stakeholders, and the closure of this store was not due to the performance of this individual location. Sheridan, Arkansas, and broader Grant County are a unique part of the Greater Little Rock area about 35 miles south of the capital city. Grant County has a substantial amount of residents working in manufacturing, education, healthcare, and social assistance as some of the largest employers are Kohler, Sheridan School District, and Assisted Care for Seniors. These well-paying companies have raised the rural county’s average household income to over $88,000.

FOR SALE DETAILS

PRICE

$1,275,000 USD

PRICE/SF

$425 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Gas Station and C-Store

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

ADD'L SUBTYPES

Service Station

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1982

SPRINKLERS

-

PARKING SPACES

6

LAND DETAILS

LAND ACRES

2.53 AC

LAND SF

110,207 SF

ZONING

C

APN/PARCEL ID

001-05114-000C

ASK ABOUT THIS PROPERTY

Dan GluhaichColliersMore Info
669-280-5989

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Dan GluhaichColliersMore Info
669-280-5989

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.