1102 – 1106 Shaver Street represents a well-located industrial portfolio in the heart of Northwest Arkansas, totaling 21,089 square feet across six buildings, with an average unit size of approximately 3,515 SF. The property sits less than one mile from Interstate 49 and in close proximity to the Highway 412 Interchange—two of the region’s most critical transportation corridors—offering strategic access for a variety of trade, service, and logistics users.
The portfolio is currently 71% leased to three tenants on full triple-net lease (NNN) structures, generating an average in-place base rent of $11.07 per square foot. Recent lease comparables within a half-mile radius range between $12.00 and $13.50 NNN, positioning this asset for near-term rental growth and value enhancement through lease-up and renewals.
The southern half of the property comprises three vacant buildings totaling 6,156 SF. These units were most recently leased at an average of $7.55 NNN prior to tenant move-outs in mid-2025. With current market momentum and modest capital improvements, new leases on these vacancies could push total portfolio income north of an 8.5% CAP rate, depending on terms and credit.
The asset’s location continues to attract a broad mix of industrial tenants due to its visibility, access, and proximity to both established industrial users and a growing residential population base in Springdale. This combination of stable in-place income, clear upside through lease-up, and a location backed direct thoroughfare access makes 1102 – 1106 Shaver a compelling opportunity for both investors and owner-users.
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