Highlights
•Newly Signed 10-Year Lease with a 5-Year Firm Term Ending April 30, 2032 •Strong Federal Government Credit Rating (S&P AA+) •Purpose-Built Facility for USDA in 2009 •Tyson Foods Investing $70 Million in a New 131,000 SF Hatchery in Hope, AR •USDA Lease Covers Three Divisions: Farm Service Agency, Natural Resources Conservation Service, and Rural Development
Description
The Ficke Team at Colliers is pleased to exclusively present the U.S. Department of Agriculture (USDA) service center located at 300 West Commerce Boulevard, Hope, Arkansas. The property totals over 12,624 square feet on a 4.0-acre site and was originally constructed as a build-to-suit facility for the USDA in 2009. Currently, the USDA occupies 9,020 square feet (72%) under a 10-year lease with a 5-year firm term, set to expire on April 30, 2032. The remaining 3,604 square feet (28%) is vacant, providing an opportunity for additional income through leasing. The facility houses three USDA divisions—the Farm Service Agency, Natural Resources Conservation Service, and Rural Development—offering a broad range of government services and reinforcing a strong long-term tenant commitment. This location serves 14 surrounding counties, including Clark, Garland, Hempstead, Hot Spring, Howard, Lafayette, Little River, Miller, Montgomery, Nevada, Pike, Polk, Saline, and Sevier. Hope, situated in Hempstead County in southwestern Arkansas, is the county seat and boasts a diverse economy with industries such as poultry processing, bakery goods, agriculture, auto parts manufacturing, wood products, audio equipment, and molded plastics. Key employers in the area include Tyson Foods, Southern Bakeries, and Wal-Mart.
Listing Details
- Cap Rate
8%
- Tenancy
Single
- Space Type
office
- Sub Category
executive
- Date Listed
9/8/2025
- Ground Lease
No
- Net Rentable
9,020 SF
Property Specifics
- Property Name
United States Department of Agriculture (USDA)
- Property Class
A
- No of Buildings
1
- No of Stories
1
- Year Built
2009
- Lot Size
4 AC
- Occupancy
100%