Finished Flex Space with
For Sale
$982,800
Pending
1133 NW J Street, Bentonville, AR 72712
CommercialSale, Bentonville, AR
Property Size3,024 SF
Lot Size0.45 Acres
Days on Market166
Property Features for 1133 NW J Street
General Information
Property type
Commercial Sale
Property subtype
Office
Lot features
Central Business District, Interior Lot
Directions
From I-49, north on McCollum Drive. West on Tiger Blvd. South on NW J Street. Property is on the west side of the street.
Standard status
Pending
APN
01-03534-000
Size
3,024 SF
Lot size
0.45 Acres
Taxes and HOA fees
Tax Description
/
Tax Annual Amount
2959
Legal Description
/
Listing Agency:
Steve Fineberg & Associates
(479) 271-4161
Listed By:
Caleb Carr · License #TB00084539
(479) 685-6645
Added: Mar 24
Changed: Aug 31
Last Checked: Sep 5 at 2:06PM
MLS# 1340400
Copyright © 2026 ArkansasONE MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 3,024-square-foot flex property includes finished office space and tenants in place, including a hair salon and pet boarding operation. The commercial building sits on a 0.45-acre parcel and offers a configuration suited to continued service-oriented occupancy or an owner-user arrangement.
Located at 1133 NW J Street in Bentonville, the property is within minutes of Downtown Bentonville and Walmart Headquarters. Access to Walton Blvd and I-49 connects the site with major commercial corridors, while nearby retail, dining, and business hubs add to the surrounding commercial context.
Located at 1133 NW J Street in Bentonville, the property is within minutes of Downtown Bentonville and Walmart Headquarters. Access to Walton Blvd and I-49 connects the site with major commercial corridors, while nearby retail, dining, and business hubs add to the surrounding commercial context.
Key Highlights
- 3,024 square feet of finished flex and office space
- 0.45‑acre parcel in Bentonville
- Tenants in place include a hair salon and pet boarding operation
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$46,926
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.77%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$938,520
$938.5K
Cap Rate 7%
$670,371
$670.4K
Cap Rate 9%
$521,400
$521.4K
Market Conditions
NOI Build-Up for 3,024 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$67.1K $22.20/SF
− Vacancy
−$4.6K −$1.51/SF
EGI
$62.6K $20.69/SF
− OpEx
−$15.6K −$5.17/SF
NOI
$46.9K $15.52/SF
Area
Benton County, AR
Vacancy
6.80%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$938,520
Cap Rate 7%
$670,371
Cap Rate 9%
$521,400
Alternative Uses
Best Use
Office B
$670.4K
$586.6K – $782.1K
NOI $46,926 @ 7.0% cap · market cap 4.77%
Second Best
Flex RnD
$437.8K
$383.1K – $510.7K
NOI $30,644 @ 7.0% cap · market cap 3.12%
Theoretical Best
Office A
$831.0K
$727.1K – $969.5K
NOI $58,171 @ 7.0% cap · market cap 5.92%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
387
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 72712, AR
38,053
Population
16,245
Households
2.3
Avg Household Size
34
Median Age
49%
College-Educated
94%
High-School Grad
51.8 sq mi
ZIP Area
735
Density / Sq Mi
$102,073
Median Household Income
$56,675
Median Earnings
$1,197
Median Rent
$401,300
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Flex space - Occupied commercial space combines finished offices with existing service-oriented tenants.
Where is this flex space located?
The property is located at 1133 NW J Street Bentonville, AR.
What is the asking price?
The asking price for this property is $982,800.
What are key features of this property?
This property features: 3,024 square feet of finished flex and office space; 0.45‑acre parcel in Bentonville; Tenants in place include a hair salon and pet boarding operation
