2964 W Huntsville Ave - Medical FOR SALE


Springdale, AR 72762
$1,499,900 USD
479-231-1355
2964 W Huntsville Ave, Springdale, AR for Sale
$1,499,900 USD
Medical - FOR SALE
1/20
null | Request Cap Rate

2964 W Huntsville Ave
Springdale, AR 72762


HIGHLIGHTS

  • +/- 7,248 SF executive office building that is 90% leased
  • Average days to rent a space in this building is only 59 days - renting is relatively quick
  • 12 out of 13 suites are leased, generating $120K in annual gross revenue, making it a true 5 cap
  • Owner-User or Investment Opportunity
  • Well-maintained exterior and common area

OVERVIEW

Excellent investment opportunity (or owner user), with already built-in cash flow! Located one mile from I-49 in Springdale! This well maintained executive office building boasts thirteen suites, twelve of which are currently leased on month-to-month gross leases (some are longer), allowing an opportunity for new owner to occupy the entire building, or as a revenue-generating investment. This building is 90% leased and generating $120k in gross annual revenue, making it a true 5 cap. This versatile building includes three restrooms (two on the first floor and one upstairs), a welcoming reception area, a break room, ample storage, and abundant parking for tenants and visitors. The all-brick exterior and professionally landscaped grounds create a professional and inviting atmosphere. Located on W Huntsville Ave, which sees approx. 23,000 VPD and approx. 1 mile from I-49, which sees around 105,000 VPD. Don't miss out on this exceptional investment opportunity!

FOR SALE DETAILS

PRICE

$1,499,900 USD

PRICE/SF

$207 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

21

LAND DETAILS

LAND ACRES

0.47 AC

LAND SF

20,473 SF

ZONING

C-1

APN/PARCEL ID

815-33995-000

ASK ABOUT THIS PROPERTY

Tim SalmonsenSalmonsen Group of KW CommercialMore Info
479-231-1355

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Tim SalmonsenSalmonsen Group of KW CommercialMore Info
479-231-1355

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.