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Turnkey Single-Tenant Office Building
For Sale
$975,000

1129 Nw J St, Bentonville, AR 72712

Renovated single-tenant office offering eight private offices, conference room, and parking convenience.

Property Size2,567 SF
Price / SF$379.82
Days on Market101

Property Features for 1129 Nw J St

General Information

Standard status Active
Size 2,567 SF
Total Parking Spaces 13

Additional Details

Business Included Yes
Office Units 8

Taxes and HOA fees

Annual Taxes $2,975

Building Details

Year Renovated 2019
Tenancy Single
Listing Agency: Focus Commercial Real Estate
Listed By: Corey Fuhrman · License #AB00081934
Source: Exprealty
Added: May 12 Changed: Aug 8 Last Checked: Aug 19 at 12:46PM

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 Focus Commercial Real Estate

Investment Insights

Based on property information with market context.

This single-tenant office building totals 2,567 SF and was fully renovated in 2019 with a functional, turnkey interior. The layout includes eight private offices and one conference room, with ample natural light throughout. The property is designed to support a professional work environment and is being presented with in-place readiness for an operating office.

The building is located at 1129 NW J St in Bentonville, AR. Site parking is available for 13 vehicles, including four covered spaces, helping accommodate both tenants and visitors. The property is described as being positioned approximately 3.3 miles from Walmart’s Home Office, 2.2 miles from I-49, and 1.8 miles from Downtown Bentonville.

Currently tenant occupied through May 1, 2027, the building is positioned for an ownership structure that aligns with an established in-place tenant. For prospective buyers or brokers, the combination of a fully renovated interior, dedicated private office configuration, and on-site parking supports a straightforward transition for a single-tenant office operator or an investor seeking a stabilized office asset with clear lease timing provided in the offering materials.

Key Highlights

  • ±2,567 SF single‑tenant office building at 1129 NW J St in Bentonville
  • Full renovation completed in 2019 with a layout of eight private offices and one conference room
  • Tenant occupied through May 1, 2027

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
$39,834
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
4.09%
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%
$796,680 $796.7K
Cap Rate 7%
$569,057 $569.1K
Cap Rate 9%
$442,600 $442.6K
Market Conditions
NOI Build-Up for 2,567 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
$57.0K $22.20/SF
− Vacancy
−$3.9K −$1.51/SF
EGI
$53.1K $20.69/SF
− OpEx
−$13.3K −$5.17/SF
NOI
$39.8K $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%
$796,680
Cap Rate 7%
$569,057
Cap Rate 9%
$442,600

Alternative Uses

Best Use
Office B
$569.1K
$497.9K – $663.9K (±1% cap)
NOI $39,834 @ 7.0% cap · market cap 4.09%
Second Best
no second resolved use
Theoretical Best
Office A
$705.4K
$617.3K – $823.0K (±1% cap)
NOI $49,380 @ 7.0% cap · market cap 5.06%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Natural State Wealth ... Financial Advisor Riggs & Associates, CPA, ... Accounting Firm

Suggested Use

Top Pick HVAC Service Building Supply Parking Lot & Garage Plumbing Service Law Firm (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

8
Office units
Single-tenant
Tenancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

387
Businesses Nearby

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

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Renovated single-tenant office offering eight private offices, conference room, and parking convenience.
Where is this office building located?
The property is located at 1129 Nw J St Bentonville, AR.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: ±2,567 SF single‑tenant office building at 1129 NW J St in Bentonville; Full renovation completed in 2019 with a layout of eight private offices and one conference room; Tenant occupied through May 1, 2027
More about this property
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