Address
693/777 White Road Springdale, AR
Price
$ 1,800,000
Property Attributes
  • MLS#1100956
  • TypeCommercial
  • CountyWASHINGTON
  • CitySpringdale
  • Zip72762
  • StyleRetail
  • Price$ 1,800,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage12922
  • Lot Size3.72 Acres
Listing Provided Courtesy Of:
Southern Tradition Real Estate, LLC
Data Source:
Northwest Arkansas BOR (NABOR) - 280 - AR
Property Description

Property is currently 100% leased. 10,680 square feet leased by Responsive Education Solutions that Operates 80 Charter Schools in Texas and four currently in Arkansas. They have a five year lease with a five year option. One other Tenant is a Chiropractor (Dr Favorite) that occupies 1,680 square feet under a 7 year initial lease term with another 7 year option. Property will have a 7.3% CAP Rate with no contribution from Landlord for Tenant Improvements. Outstanding opportunity for this property for 10-31 Exchange. Property will increase in value by $200,000 in five years with lease increases scheduled.

Price History
1/14/2019 Listed $1,725,000

General Features

Basement None
Current Use Office
Listing Agent State License PB00075420
MLS Area Arkansas Regional MLS, LLC
Possible Use Retail
Property Sub Type Additional Retail
Property SubType Retail
Property Type Commercial Sale
Roof Metal
Sewer Public Sewer
Special Listing Conditions None
Status Active
Utilities Cable Available, Electricity Available, Natural Gas Available, High Speed Internet Available, Sewer Available
Virtual Tour https://tour.nwarealtors.org/693777-White-Road-Springdale-AR-72762/unbranded
Zoning No

Interior Features

Living Area 12922

Exterior Features

Lot Size Acres 3.72
Lot Size Area 3.72
Lot Size Units Acres

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 72762

Price
AVG $930K
$1.8M
Visits
AVG 25
118
Year Built
AVG 1982
2007
Walkscore
AVG 31
35
Data Provided by Walkscore ® not using MLS data

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