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509 Enterprise Drive - Lowell Park Plaza - Building #2, Lowell, AR

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509 Enterprise Drive - Lowell Park Plaza - Building #2

Lowell, AR 72745 - Outlying Benton County Submarket

Property Type:Office Sub Type:- Status:Existing , Renov 2001 Year Built:1998
Stories:3 Typical Floor:16,708 SF Building Size:50,124 SF
For Sale Price:$7,400,734 Price/SF:$147.65
Cap Rate:7.50 %
Parking:Free Surface spaces are available; Ratio of 2.69/1,000 SF

Sale Notes:
Lowell, Arkansas, in Benton county and within the Ozarks, is 13 miles north of Fayetteville, Arkansas (center to center) and 104 miles east of Tulsa, Oklahoma. The two main North/South corridors (Interstate 540 and Hwy 71B) run through Lowell serving as primary connectors in and out of the city and only 12 miles from XNA Regional Airport. The city is a growing bedroom community within the rapidly growing Northwest Arkansas region. Lowell is also home to the headquarters of trucking company J.B. Hunt, the nation' s largest publicly owned truckload carrier, with international networks in Canada and Mexico. Lowell' s population was 7,327 at the 2010 census, an increase of 46% since 2000.

Marcus & Millichap
Alvin Mansour
(858) 373-3187

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