1426-1528 Military Rd • Benton, AR 72015
Year Purchased: 2022
Purchase Amount: $8,000,000.00
Equity: $4,025,000.00
Military Plaza was purchased in September 2022 and is a 104,644 square foot multi-tenant neighborhood shopping center located in Benton, AR (part of the Little Rock MSA). Built in 1985, the property boasts a strong group of mainly national, e-commerce-resistant tenants, including Big Lots, Harbor Freight Tools, Urban Air, Dollar Tree and others. With a complimentary tenant base and a desirable, high-traffic location, Military Plaza was 100% occupied at closing, and offered our investors the prospect of current cash flow stability combined with upside from future leasing and planned rent increases.