- For Sale $13,500,000
- Property Type Office - General Office
- Property Size 100,183 SF
- Units 83
- Lot Size 11 Acre
- Property Tenancy Multi-Tenant
- Building Class B
- Year Built 2006
- Year Renovated 2023
- Date Updated Mar 15, 2024
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Attachments
Highlights
- 95.4% Leased Office/Medical Office in Heart of Bentonville
- Immediate Upside in Raising Rents - Only $15.84 FULL SERVICE, being collected over the occupied spaces
- Avg Bentonville Office Rents for the last year are about $21, most not full service
- Rents should stabilize here at $19 or so in the next 12-24 months - Proforma 8.6% Cap Rate
- 17 Total Buildings - 11 Have New Roofs - All will be new at Closing
- Office Complex Sits on 11 Acres - Estimated to be worth $5M
- Diverse set of Office Tenants: Medical, Vendors, Suppliers, and Contractors Alike
- Upside in raising the rents, and continued strong leasing efforts
- Priced Below Replacement Cost at $134.75 PSF
False
Contacts
Location
Getting Around
-
Walk Score ®
28/100 Car-Dependent -
Bike Score ®
37/100 Somewhat Bikeable
- City Bentonville, AR
- Neighborhood Cottonwood Village
- Zip Code 72712
Points of Interest
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Kum & Go
0.97 miles
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Shell
1.16 miles
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Conoco
1.23 miles
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Phillips 66
1.50 miles
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eVgo
1.79 miles
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Sam's Club
1.95 miles
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Murphy USA
1.97 miles
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Casey's General Store
2.72 miles
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Kum & Go
2.88 miles
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Walmart
3.00 miles
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Walton Life Fitness Center & Tennis Facility Parking
1.18 miles
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Walmart Home Office Parking
1.51 miles
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Wal-Mart Call Center Parking
1.52 miles
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Wal-Mart Pharmacy Repack Parking
1.54 miles
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Wal-Mart Home Office South Parking
1.66 miles
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Sam's Home Office Parking
1.68 miles
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David Glass Technology Center Parking Southwest Lot
1.69 miles
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David Glass Technology Center Parking West Lot
1.73 miles
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Sam's Club Parking
1.77 miles
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David Glass Technology Center Parking
1.81 miles
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La Quinta Inn & Suites by Wyndham Bentonville
0.52 miles
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Comfort Suites Bentonville - Rogers
0.84 miles
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Holiday Inn Express
0.91 miles
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Super 8
0.96 miles
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Hilton Garden Inn
0.99 miles
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Element Bentonville
1.00 miles
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SpringHill Suites
1.04 miles
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Days Inn
1.06 miles
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Comfort Inn
1.12 miles
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Fairfield Inn
1.20 miles
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Glasgow's
0.55 miles
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Zaxby's
0.56 miles
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Firehouse Subs
0.59 miles
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Taziki's
0.60 miles
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Smashburger
0.61 miles
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Taco Bueno
0.73 miles
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Lin's Garden
0.89 miles
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Denny's
0.93 miles
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Burger King
0.96 miles
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Braum's
1.00 miles
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Haas Hall Academy
0.22 miles
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Bentonville High School
0.61 miles
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Mary Mae Jones Elementary School
0.88 miles
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University of Phoenix Northwest Arkansas
1.23 miles
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Thaden School
1.41 miles
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Reagan Elementary School
1.56 miles
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Harding University
1.62 miles
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University of Phoenix Learning Center
1.83 miles
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EMPACTS Lab
1.87 miles
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Melba Shewmaker Southern Region National Child Protection Training Center
1.88 miles
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The Kid's Studio
2.29 miles
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Primrose School
2.91 miles
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Boys and Girls Club
4.36 miles
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Kidz In Motion Learning Center
5.25 miles
Frequently Asked Questions
What is the lease rate for Oak Trace - Medical and Executive Office Park of Northwest Arkansas?
Rental asking rate at Oak Trace - Medical and Executive Office Park of Northwest Arkansas is $6,750,000.00/YR.
What is the total square footage of Oak Trace - Medical and Executive Office Park of Northwest Arkansas?
Oak Trace - Medical and Executive Office Park of Northwest Arkansas totals 100,183 square feet.
When was this property built?
Oak Trace - Medical and Executive Office Park of Northwest Arkansas was built in 2006.
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