100,000 SF Well-Positioned Office Complex Near New Walmart HQ

Highlights

Description

Executive Medical and General Office Park that is 95.4% Leased, Priced WELL-BELOW Replacement cost at $134.75 PSF! A True 6.8% Cap Rate offering. This deal is located in the heart of Booming Bentonville, Arkansas. Bentonville is one of the fastest-growing market centers in the country! Additionally, this investment offers a solid mix of great tenants: Roughly 33% Medical, 44% General Business, 17% Walmart Vendor/Supplier-Related Industry, and 6% Child Services such as daycare or after school services such as tutoring. Major immediate upside lies in the fact that the rents across the occupied space is only leased at $15.84 PSF FULL SERVICE. The average rents in Bentonville for office space is $21 PSF, and most of that is not full service space. At Oak Trace Tenants are convenienced witht the fact that all they have to do is move in their belongings and turn on their own internet/phone. Landlord pays for electric, gas, water, light janitorial, CAM, Taxes, and insurance. Nestled between two of the busiest streets in town, S. Walton Blvd. & SE J St.; This offering includes 100,183 sq ft of medical / general office space comprising of 17 buildings with 83 units. 11 of the 17 buildings already have brand new roofs and the other 6 will be brand new by closing for the new buyer to enjoy the luxury of having brand new roofs. The property is on a sprawling 11 acre parcel, estimated to be worth $5,000,000 in itself. The asset boasts Major Road Frontage on SE 28th St. which sees over 12,000 VPD! Conveniently close to everything, this property is less than 2.5 miles from downtown Bentonville, Crystal Bridges Museum, & less than 2 miles from the site of Walmart’s new 350-acre Home Campus with easy access to I-49.

Excellent and affordable full-service office space located in the heart of Bentonville approximately one mile from the new Walmart Corporate Headquarters and conveniently close to NW Medical, the Sam's Club Home Office and more! Price includes light janitorial and all utilities with the exception of phone, cable, and internet. Buildout negotiable depending on lease terms. This space will not last long so schedule an appointment today to tour this property and see why this space is perfect for your business!

Located Near The Intersection of J St and 28th St in the Heart of Bentonville AR. Less than 2 miles south of Walmart's New Global Campus being built on 350 acres at the intersection of J St and 14th St. This property is 2.5 miles south of downtown Bentonville, Arkansas where the avg price per sq ft for housing is nearing $500 to $600 psf.

Documents

Units for Lease