Executive Medical/General Office Park that is 95.4% Leased, listed for a true 6.8% Cap Rate, and Priced WELL-BELOW Replacement cost at $134.75 PSF! Located in the heart of Booming Bentonville, one of the fastest-growing market centers in the country! Additionally, this investment offers a solid mix of tenants: Roughly 33% Medical, 44% General Business, 17% Walmart Vendor/Suppliers, and 6% Child Services such as daycare and tutoring centers. Nestled between two of the busiest streets in town, S. Walton Blvd. & SE J St.; This offering includes 100,183sqft comprising of 17 buildings with 58 units. 11 of the buildings have brand new roofs, the other 6 will be brand new by closing for the new buyer to enjoy. The property is on a sprawling 11-acres, estimated to be worth $5,000,000 in itself. Boasting Major Road Frontage on SE 28th St. which sees over 13,000 VPD! Conveniently close to everything: Downtown Bentonville, Crystal Bridges Museum, & Walmart???s new 350-acre World HQ, all within 2.5 miles & easy access to I-49.
Date | Price |
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5/7/2024 2:00:00 AM | New Value: $12,300,000 |