Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    418 Center Avenue Springdale, AR 72764

    View on Map
    Claim this Listing
    For Lease
    $7 SF/Yr

    COMMERCIAL - Springdale, AR

    Property size:
    14,000 SF
    Lot size:
    2.04 Acres
    Added:
    Jan 6, 2026
    Days on Market:
    94
    Last Refresh:
    Apr 10 at 6:06 pm

    Property Features for 418 Center Avenue

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    Size
    14,000 SF
    Lot size
    2.04 Acres

    Taxes and HOA fees

    Tax Annual Amount
    7527
    Expense value
    8750
    Expense
    SecurityDeposit
    Expense freq.
    One Time

    Building Details

    Year built
    1970

    We can help!

    Listing Contact
    Mike Graham
    Mike Graham

    Listing agent Mike Graham License #PB00075233

    Listing office Red Box Realty 3300 S 27th St, Springdale, AR

    Listing date Jan 6, 2026

    MLS# 1332213

    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.

    Overview

    Springdale Commercial Building For Lease

    This commercial building offers approximately 14,000 square feet of available space and is located near downtown Springdale. The property features flexible layout options. Lease terms are negotiable, including long-term lease options. It is suitable for a variety of commercial uses. The lot size is 2.043 acres. The property has convenient access to major roads and nearby amenities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Northwest Rags Big Box & Wholesale Store Springfield Wiping Rags Hardware & Home Improvement

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Springdale
    County
    Washington
    State
    Arkansas
    Longitude
    -94.12679
    Latitude
    36.187207

    Nearby Similar for Lease

    • $18/mo

      Springdale Office Suites For Rent

      Efficient office suites in downtown Springdale near major developments.
      800 E Emma Avenue, Springdale, AR 72764
      View Details
    • $12/mo

      Versatile Industrial Property in Springdale

      Industrial property with office, warehouse, and outdoor storage space.
      1695 Electric Avenue, Springdale, AR 72764
      View Details
    • $29/mo

      Retail Space in Springdale, AR

      New retail space with high visibility and drive-thru opportunity.
      Elm Springs Road, Springdale, AR 72762
      View Details
    • $14/mo

      Springdale Warehouse with Yard Space

      6,000 SF warehouse on 1.29 acres with yard space.
      1116 Wagon Wheel Road, Springdale, AR 72764
      View Details
    • $17/mo

      Springdale Commercial Flex Space Available

      Flex space in Springdale, AR, near I-49. Est. Q4 2026.
      4840 Robins Road, Springdale, AR 72762
      View Details
    • $14/mo

      Springdale Office Space For Rent

      Professional office space in Springdale with high visibility.
      1801 W Huntsville Avenue, Springdale, AR 72762
      View Details
    • $23/mo

      Prime Retail Space in Springdale

      High-traffic retail space with showroom and excellent signage.
      7321 W Sunset Avenue unit: C, Springdale, AR 72762
      View Details
    • Contact for pricing

      Versatile Building Near Elm Springs

      3,800 SF building suitable for office, restaurant, or retail.
      5776 Elm Springs Road, Springdale, AR 72762
      View Details
    • $12/mo

      Springdale Flex Space Available

      Flex space in Springdale with drive-in doors and shared dock.
      444 Old Wire Road unit: E, Springdale, AR 72764
      View Details
    • $28/mo

      Restaurant Space in Downtown Springdale

      Corner restaurant space near new developments in downtown Springdale.
      307 W Emma Avenue, Springdale, AR 72764
      View Details
    • $18/mo

      Springdale Retail/Office/Restaurant Space

      1,488 SF suite ideal for retail, office, or restaurant.
      1301 E Robinson Avenue, Springdale, AR 72764
      View Details
    • $21/mo

      Springdale Office Space For Rent

      Well-appointed commercial office space in a growing Northwest Arkansas corridor.
      3880 Willowood Avenue, Springdale, AR 72762
      View Details

    FAQs

    What type of property is this?
    Retail space - 14,000 SF commercial building near downtown Springdale.
    Where is this retail space located?
    The property is located at 418 Center Avenue Springdale, AR.
    What is the lease rate?
    The lease rate is $7 SF/Yr.
    What are key features of this property?
    This property features: Approximately 14,000 SF of available commercial space.; Located near downtown Springdale.; Flexible layout options to suit your business needs.
    (479) 790-5675
    We can help!
    Listing Contact
    Mike Graham
    Mike Graham
    Real Estate License ID: PB00075233
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!