711 S Mount Olive St, Siloam Springs, AR, 72761

711 S Mount Olive St Siloam Springs, AR 72761

711 S Mount Olive St, Siloam Springs, AR, 72761
711 S Mount Olive St, Siloam Springs, AR, 72761 711 S Mount Olive St, Siloam Springs, AR, 72761 711 S Mount Olive St, Siloam Springs, AR, 72761 711 S Mount Olive St, Siloam Springs, AR, 72761 711 S Mount Olive St, Siloam Springs, AR, 72761 711 S Mount Olive St, Siloam Springs, AR, 72761 711 S Mount Olive St, Siloam Springs, AR, 72761 711 S Mount Olive St, Siloam Springs, AR, 72761 711 S Mount Olive St, Siloam Springs, AR, 72761 711 S Mount Olive St, Siloam Springs, AR, 72761 711 S Mount Olive St, Siloam Springs, AR, 72761 711 S Mount Olive St, Siloam Springs, AR, 72761 711 S Mount Olive St, Siloam Springs, AR, 72761 711 S Mount Olive St, Siloam Springs, AR, 72761 711 S Mount Olive St, Siloam Springs, AR, 72761 711 S Mount Olive St, Siloam Springs, AR, 72761 711 S Mount Olive St, Siloam Springs, AR, 72761 711 S Mount Olive St, Siloam Springs, AR, 72761 711 S Mount Olive St, Siloam Springs, AR, 72761 711 S Mount Olive St, Siloam Springs, AR, 72761 711 S Mount Olive St, Siloam Springs, AR, 72761 711 S Mount Olive St, Siloam Springs, AR, 72761 711 S Mount Olive St, Siloam Springs, AR, 72761 711 S Mount Olive St, Siloam Springs, AR, 72761 711 S Mount Olive St, Siloam Springs, AR, 72761
FOR SALE
Property Type:
Multi Tenant Office
Amount:
$385,000
Last Verified:
May 03, 2024

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Highlights

  • +/- 1,625 SF Office Building Fully Leased
  • Long Term Tenants on Modified Gross Leases
  • 5,600 VPD on Mt. Olive St.
  • 0.5 Miles from Hwy 412

Description

Fully leased, value add office building nestled off Mt. Olive St in Siloam Springs, AR for sale! This +/- 1,625 SF property offers two suites that are currently occupied by long term tenants. These tenants are on a modified gross lease however a restructure to NNN could easily turn this property into a true 8% cap. Featuring expansive windows that flood the interior with natural light, welcoming reception areas, generously sized offices, and three restrooms, one of which features a shower, this property is designed to impress. Situated along Mt. Olive St, with a traffic flow of approx. 5,600 VPD, and merely half a mile from Hwy 412, granting seamless connectivity to the broader NWA region. Don't miss out on this lucrative investment opportunity!

Heading West on US-412 W, turn right onto S Mt Olive St. in 0.4 miles, the property will be the grey building on the right.

Building Size: 1625sq ft
Building Class: B
Lot Size: 0.17 acres


Documents

Brochure

Map of 711 S Mount Olive St, Siloam Springs, AR, 72761

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.