$7,250,000
$7,800,000
7.1%For more information regarding the value of a property, please contact us for a free consultation.
30,049 SqFt
SOLD DATE : 12/30/2021
Key Details
Sold Price $7,250,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Square Footage 30,049 sqft
Price per Sqft $241
MLS Listing ID 1150087
Sold Date 12/30/21
Construction Status Resale (less than 25 years old)
HOA Y/N No
Year Built 2007
Lot Size 2.440 Acres
Acres 2.44
Property Sub-Type Retail
Property Description
Income Producing. 7.5% CAP Rate. 6 Total units. Long term tenants. 80% occupancy. Located in rapidly growing area. Mixed use income producing development located 1 block East of I-49 on the corner of New Hope Rd & Promenade Blvd. Anchor tenants include White Oak Station & United Federal Credit Union. Close proximity to the Pinnacle Hills Promenade, Uptown Rogers, and Village on the Creeks.
Location
State AR
County Benton
Area Arkansas Regional Mls, Llc
Zoning N
Direction Head east on W Poplar St toward S 45th St. Turn right onto S 45th St. Slight left onto W Walnut Creek Pkwy. Turn right onto S Promenade Blvd. Turn right. Turn Left. Destination will be on the right.
Exterior
Present Use Mixed Use
Road Frontage Main Thoroughfare
Building
Lot Description Other, See Remarks
Construction Status Resale (less than 25 years old)
Others
Special Listing Condition None
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