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Renovated Office Units
New
For Lease
$15 SF/Yr

1111 SW Parnell Drive, Bentonville, AR 72713

CommercialLease, Bentonville, AR

Space Size4,666 SF
Lot Size0.55 Acres
Days on Market4

Property Features for 1111 SW Parnell Drive

General Information

Property type Commercial Lease
Property subtype Office
Subdivision Pe Livingston Square Sub Bentonville
Lot features Neighborhood
Directions Take Exit 85 for Walton Boulevard and head west toward Bentonville. Continue on Walton Boulevard, then turn onto SW Parnell Street and proceed to 1111 SW Parnell Street.
Standard status Active
Size 4,666 SF
Lot size 0.55 Acres

Taxes and HOA fees

Tax Annual Amount 3023
Expense value 5832
Expense SecurityDeposit
Expense freq. One Time

Building Details

Year built 1990
Floors in Building 2
Listing Agency: Focus Commercial Real Estate
Listed By: Tyler Gurganus · License #SA00098409
Added: Oct 13 Last Checked: Oct 16 at 2:06AM
MLS# 1365000

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.

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Investment Insights

Based on property information with market context.

Renovated office space at 1111 SW Parnell Drive encompasses 4,666 square feet. The building was constructed in 1990, and the property includes 0.55 acres. The space is offered for lease on a modified-gross basis.

The Bentonville property has access to Walmart’s new Home Office, as well as area restaurants, shopping, and amenities.

Key Highlights

  • Renovated office space totals 4,666 square feet
  • Modified‑gross lease structure
  • 0.55‑acre property

Property Analytics

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Current Use

Office Units

Suggested Use

Top Pick HVAC Service Furniture & Home Goods Storage Facility Locksmith Carpet & Flooring Store (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Gross
Lease Type

Location Intelligence

Trade Area within ½ mile

188
Businesses Nearby

Demographics for 72713, AR

25,076
Population
10,752
Households
2.3
Avg Household Size
31
Median Age
58%
College-Educated
97%
High-School Grad
48.5 sq mi
ZIP Area
517
Density / Sq Mi
$117,752
Median Household Income
$72,491
Median Earnings
$1,302
Median Rent
$355,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Bentonville, AR

$25.22 /SF/Yr
Avg Asking Price
$14.5–$79.2 /SF/Yr
Price Range
3,298 SF
Avg Space Size

This space is priced 41% below the average of $25.22 /SF/Yr.

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Office units - The space is available under a modified-gross lease in Bentonville.
Where is this office units located?
The property is located at 1111 SW Parnell Drive Bentonville, AR.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: Renovated office space totals 4,666 square feet; Modified‑gross lease structure; 0.55‑acre property
More about this property
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