Harps Food Store - Brookland, AR

SHOP Companies is pleased to present the opportunity for a qualified investor to acquire a newly-constructed Harps Food Store in Brookland, AR. Built and opened in 2024, this single-tenant free-standing grocery property is +/- 32,755 SF and sits on approximately 5.80 acres. At close of escrow, Harp's Food Stores, Inc. will execute a new, 15-Year, Absolute NNN Lease.

The property is located at the NW quadrant of Highway 49 and Brookland School Rd, in the rapidly growing community of Brookland, Arkansas. The brand-new construction grocery store is the first grocery store in the town of Brookland and benefits from exceptional visibility and strong traffic (26,639 VPD-23). Harps is just a half mile away from Brookland School District (1,970 students pre-K through 12). New development at the intersection includes a new housing subdivision currently under construction and a newly opened McDonald's, which purchased the 2.06 acre parcel in 2023 at what was then the highest dollar per square foot land sale in the city's history. Other retail tenants at the intersection include Taco Bell, Sonic, and First Community Bank.

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.

In Association with ParaSell, Inc. | A Licensed Arkansas Broker #PB00078916