901 SE 28th St, Bentonville, AR 72712
901 SE 28th St, Bentonville, AR 72712
901 SE 28th St, Bentonville, AR 72712
901 SE 28th St, Bentonville, AR 72712
901 SE 28th St, Bentonville, AR 72712
901 SE 28th St, Bentonville, AR 72712
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$12,300,000

$13,500,000

8.9%
Est.Price: ?

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Est. payment /mo

100,183 SqFt


SOLD DATE : 05/07/2024

Key Details

Sold Price $12,300,000

Property Type Commercial

Sub Type Office

Listing Status Sold

Purchase Type For Sale

Square Footage 100,183 sqft

Price per Sqft $122

MLS Listing ID 1268825

Sold Date 05/07/24

Construction Status Resale (less than 25 years old)

HOA Y/N No

Year Built 2006

Annual Tax Amount $17,979

Lot Size 11.000 Acres

Acres 11.0

Lot Dimensions Irregular

Property Sub-Type Office

Property Description

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.

Location

State AR

County Benton

Zoning N

Direction Property is located between S. Walton Blvd and SE J Street in Bentonville.

Rooms

Basement None

Interior

Heating Central

Cooling Central Air

Equipment Satellite Dish

Exterior

Exterior Feature Storage

Community Features Trails/Paths

Utilities Available Cable Available, Electricity Available, Natural Gas Available, High Speed Internet Available, Phone Available, Sewer Available, Water Available

Roof Type Architectural,Shingle

Road Frontage Main Thoroughfare

Building

Lot Description Business Park, Central Business District, City Lot

Foundation Slab

Sewer Public Sewer

Water Public

Structure Type Brick,Stucco

New Construction No

Construction Status Resale (less than 25 years old)

Others

Special Listing Condition None

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Listed by Keller Williams Market Pro Realty Bentonville West
Bought with Keller Williams Market Pro Realty Bentonville West

Nearby Locations

Stephen Kildow

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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