Occupied Storefront Retail
New
For Sale
$660,000
109 Plaza Blvd, Cabot, AR 72023
The property is currently occupied and offers highway access for retail or service use.
Property Size6,000 SF
Price / SF$110
Days on Market2
Property Features for 109 Plaza Blvd
General Information
Standard status
Active
Size
6,000 SF
Property subtype
Land
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Year Built
1995
Tenancy
Single
Listing Agency:
RE/MAX Mena Real Estate, Inc
Listed By:
Amber Wood
(501) 444-2055
Source:
Midsouthar
Added: Sep 9
Last Checked: Sep 9 at 3:55PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Mena Real Estate, Inc
Investment Insights
Based on property information with market context.
This 6,000-square-foot storefront property was built in 1995 and is currently occupied by Bumper to Bumper. The building is configured for retail or service operations and includes parking for customers and staff.
Located at 109 Plaza Blvd in Cabot, Arkansas, the property offers access to nearby highways. Its existing occupancy, storefront format, and established parking area provide a functional setting for continued commercial use.
Located at 109 Plaza Blvd in Cabot, Arkansas, the property offers access to nearby highways. Its existing occupancy, storefront format, and established parking area provide a functional setting for continued commercial use.
Key Highlights
- 6,000‑square‑foot storefront property
- Currently occupied by Bumper to Bumper
- Built in 1995
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
$59,694
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
9.04%
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%
$1,193,880
$1.2M
Cap Rate 7%
$852,771
$852.8K
Cap Rate 9%
$663,267
$663.3K
Market Conditions
NOI Build-Up for 6,000 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
$90.7K $15.12/SF
− Vacancy
−$5.4K −$0.91/SF
EGI
$85.3K $14.21/SF
− OpEx
−$25.6K −$4.26/SF
NOI
$59.7K $9.95/SF
Area
Lonoke County, AR
Vacancy
6.00%
Lease Rate
$15.12 /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%
$1,193,880
Cap Rate 7%
$852,771
Cap Rate 9%
$663,267
Alternative Uses
Best Use
Retail
$852.8K
$746.2K – $994.9K
NOI $59,694 @ 7.0% cap · market cap 9.04%
Second Best
Industrial
$315.3K
$275.9K – $367.9K
NOI $22,071 @ 7.0% cap · market cap 3.34%
Theoretical Best
Office A
$1.22M
$1.07M – $1.43M
NOI $85,515 @ 7.0% cap · market cap 12.96%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
229
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 72023, AR
37,321
Population
14,901
Households
2.5
Avg Household Size
38
Median Age
25%
College-Educated
94%
High-School Grad
98.2 sq mi
ZIP Area
380
Density / Sq Mi
$76,157
Median Household Income
$45,363
Median Earnings
$978
Median Rent
$202,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Storefront property - The property is currently occupied and offers highway access for retail or service use.
Where is this storefront property located?
The property is located at 109 Plaza Blvd Cabot, AR.
What is the asking price?
The asking price for this property is $660,000.
What are key features of this property?
This property features: 6,000‑square‑foot storefront property; Currently occupied by Bumper to Bumper; Built in 1995
