1391 Plaza Pl

4,146 SF 52% Leased Office Building Springdale, AR 72764 $799,900 ($193/SF) 6.15% Cap Rate

Investment Highlights

  • 100% occupied - 55% of Building NNN
  • 10 total offices - 2 conference rooms
  • Reception & break room for each suite
  • Multi-tenant office space - 3 total suites
  • 425 sf of storage with overhead door
  • New roof in 2022

Executive Summary

Multi-tenant building for sale. Nicely finished out. All three suites fully leased. Great value add investment property with the potential for lease rate improvements. Great location just off Hwy 412 in Springdale with easy access to I-49!

Attachments

Sale Flyer

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
4,146 SF
Building Class
C
Year Built
2006
Price
$799,900
Price Per SF
$193
Cap Rate
6.15%
NOI
$49,194
Percent Leased
52%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
4,146 SF
Building FAR
0.23
Lot Size
0.41 AC
Zoning
C - Commercial
Parking
15 Spaces (3.62 Spaces per 1,000 SF Leased)

Amenities

  • Conferencing Facility
  • Signage
  • Air Conditioning

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Floor
  • 2,000 SF
  • Office
  • Full Build-Out
  • Now

Located just off Hwy 412 in Springdale, this 2000 sf office space can serve many needs. Featuring multiple offices, a large conference room and a large area great for an executive office or showroom. 425 sf storage area with an overhead door makes this space unique.

Space Size Space Use Condition Available
1st Floor 2,000 SF Office Full Build-Out Now

1st Floor

Size
2,000 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

PROPERTY TAXES

  • Listing ID: 31643095

  • Date on Market: 4/29/2024

  • Last Updated:

  • Address: 1391 Plaza Pl, Springdale, AR 72764