Self Storage – Prairie Grove, AR Specialty FOR SALE


Prairie Grove, AR
$9,975,000 USD
501-247-5285
, Prairie Grove, AR for Sale
$9,975,000 USD
Specialty - FOR SALE
1/12
null | 4.5% Cap Rate

Self Storage – Prairie Grove, AR
Prairie Grove, AR


HIGHLIGHTS

  • 66% leased and increasing every month

OVERVIEW

Imhoff Commercial and The Jordan Group are pleased to present the exclusive listing for a self storage property located at 1021 E Butler St, Prairie Grove, Arkansas and 930 E Parks St, Prairie Grove, Arkansas. The property consists of roughly 121,200 net rentable square feet of building space on 15 acres of land. A recent expansion of 60,160 net rentable square feet was completed on the property in 2024. Pricing: $9,975,000 Cap Rate: 4.5% (current at +/-66% occupancy) Cap Rate: 9.2% (proforma) Price PSF: $82.00± / Rentable SF Address: 1021 E Butler St, Prairie Grove, AR 930 E Parks St, Prairie Grove, AR Occupancy: ±66% total occupancy (expansion is in lease up) Current Monthly Rent Income: $51,000 Building: 121,200 SF Total land: ±15.0 acres Built: 64,900 SF built in 2007-2013 (930 E Parks St) plus 60,160 SF expansion built in 2024 (1021 E Butler St) Number of Buildings: Twenty-Two Climate: 26,766 SF Climate, 92,450 SF Non-Climate Expansion Land: ±5 acres to build phase 2 of expansion. Plans show an additional ±115,000sf can be added. Financials: Available upon request Location: Approximately 40 minutes from NWA Regional Airport Companies headquartered nearby: Walmart, SAM’s Club, JB Hunt, Tyson Located in Northwest Arkansas, one of the fastest growing areas in the country

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501-247-5285

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Matt ImhoffImhoff CommercialMore Info
501-247-5285

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