Brick Two-Unit Storefront
For Sale
$275,000
206 E Main Street, Gentry, AR 72734
CommercialSale, Gentry, AR
Property Size1,800 SF
Lot Size0.08 Acres
Price / SF$152.78
Days on Market43
Property Features for 206 E Main Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Commercial
Parking
2
Parking features
Parking Lot, On Street
Appliances
GasWaterHeater
Lot features
Central Business District, City Lot
Directions
From I-49, take exit 86 for US-62 E/AR-12 E/AR-102 W/SE 14th St toward Hudson Rd. Use the left 2 lanes to take the AR-102 W ramp to Bentonville. Use any lane to turn left onto AR-102 W/AR-12/US-62 W/SE 14th St. Turn left onto 4th St. Turn right onto Church Ave. The property will be on the right.
Standard status
Active
APN
10-00310-000
Size
1,800 SF
Lot size
0.08 Acres
Taxes and HOA fees
Tax Description
Benton Co: Gentry City: Lot E 15'11 Block 21
Tax Annual Amount
832
Legal Description
Benton Co: Gentry City: Lot E 15'11 Block 21
Utilities
Sewer type
Public Sewer
Heating system
Central, Natural Gas
Cooling system
Electric, Central Air
Water source
Public
Amenities
central gas heat
electric air
water
sewer
electric
fiber optic
on-site and on-street parking
Building Details
Year built
1939
Floors in Building
1
Number of units
2
Flooring type
Vinyl, Concrete
Building materials
Brick, Block, Concrete
Listing Agency:
Limbird Real Estate Group
(855) 755-7653
Listed By:
The Limbird Team
(855) 755-7653
Added: Jul 21
Changed: Aug 27
Last Checked: Sep 1 at 5:06PM
MLS# 1356020
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 1,800-square-foot brick and concrete block commercial building contains two units and was constructed in 1939. The property is currently leased and features central natural-gas heat, electric central air conditioning, vinyl and concrete flooring, and a gas water heater. Public water and sewer serve the building, with gas, electric, and fiber optic utilities also available.
The storefront is located at 206 E Main Street in Gentry’s Central Business District along a corridor reporting more than 5,500 vehicles per day. Parking is provided through an on-site lot and on-street spaces. The building’s downtown setting, two-unit layout, and existing lease status provide a clear operating profile for commercial ownership.
The storefront is located at 206 E Main Street in Gentry’s Central Business District along a corridor reporting more than 5,500 vehicles per day. Parking is provided through an on-site lot and on-street spaces. The building’s downtown setting, two-unit layout, and existing lease status provide a clear operating profile for commercial ownership.
Key Highlights
- 1,800 SF brick and concrete block building constructed in 1939
- Two‑unit commercial layout that is currently leased
- Located in Gentry’s Central Business District at 206 E Main Street
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
$20,477
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
7.45%
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%
$409,540
$409.5K
Cap Rate 7%
$292,529
$292.5K
Cap Rate 9%
$227,522
$227.5K
Market Conditions
NOI Build-Up for 1,800 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
$31.3K $17.40/SF
− Vacancy
−$2.1K −$1.15/SF
EGI
$29.3K $16.25/SF
− OpEx
−$8.8K −$4.88/SF
NOI
$20.5K $11.38/SF
Area
Benton County, AR
Vacancy
6.60%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
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%
$409,540
Cap Rate 7%
$292,529
Cap Rate 9%
$227,522
Alternative Uses
Best Use
Retail
$292.5K
$256.0K – $341.3K
NOI $20,477 @ 7.0% cap · market cap 7.45%
Second Best
Apartment 5plus
$209.4K
$183.3K – $244.3K
NOI $14,660 @ 7.0% cap · market cap 5.33%
Theoretical Best
Office A
$494.7K
$432.8K – $577.1K
NOI $34,626 @ 7.0% cap · market cap 12.59%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
5,500 VPD
Traffic count
Multi-tenant
Tenancy
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
109
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 72734, AR
7,905
Population
3,395
Households
2.3
Avg Household Size
37
Median Age
15%
College-Educated
90%
High-School Grad
81.6 sq mi
ZIP Area
97
Density / Sq Mi
$68,716
Median Household Income
$38,930
Median Earnings
$1,079
Median Rent
$198,000
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - Leased downtown commercial building with public utilities, central HVAC, and parking on and around the property.
Where is this storefront property located?
The property is located at 206 E Main Street Gentry, AR.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: 1,800 SF brick and concrete block building constructed in 1939; Two‑unit commercial layout that is currently leased; Located in Gentry’s Central Business District at 206 E Main Street
