Storefront With Open Floor
For Sale
Contact for pricing
113 W Bean St, Lincoln, AR 72744
Occupied through 6/30/27 with recent cosmetic and infrastructure updates.
Property Size2,285 SF
Price / SF$140
Days on Market115
Property Features for 113 W Bean St
General Information
Standard status
Active
Size
2,285 SF
Property subtype
RETAIL
Building Details
Tenancy
Single
Listing Agency:
Steve Fineberg & Associates, Inc.
(479) 530-3774
Listed By:
Elissa Sontag · License #SA00084262
(479) 271-4161
Source:
Moodyscre
Added: Apr 17
Changed: Aug 8
Last Checked: Aug 9 at 8:24AM
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 Steve Fineberg & Associates, Inc.
Investment Insights
Based on property information with market context.
This storefront property features an open floor plan and has undergone extensive cosmetic and infrastructure updates. The space is currently occupied by the existing tenant through 6/30/27, offering continuity for an investor looking for a maintained location.
The property is located on the historic Lincoln city square. The building size is 2,285 SF.
For buyers seeking additional space, 111 W Bean St and 117–119 W Bean St are also available for sale.
The property is located on the historic Lincoln city square. The building size is 2,285 SF.
For buyers seeking additional space, 111 W Bean St and 117–119 W Bean St are also available for sale.
Key Highlights
- Occupied by current tenant until 6/30/27
- Open floor plan layout
- Extensive cosmetic and infrastructure updates
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
$26,891
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
8.41%
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%
$537,820
$537.8K
Cap Rate 7%
$384,157
$384.2K
Cap Rate 9%
$298,789
$298.8K
Market Conditions
NOI Build-Up for 2,285 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
$41.1K $18.00/SF
− Vacancy
−$2.7K −$1.19/SF
EGI
$38.4K $16.81/SF
− OpEx
−$11.5K −$5.04/SF
NOI
$26.9K $11.77/SF
Area
Washington County, AR
Vacancy
6.60%
Lease Rate
$18.00 /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%
$537,820
Cap Rate 7%
$384,157
Cap Rate 9%
$298,789
Alternative Uses
Best Use
Retail
$384.2K
$336.1K – $448.2K
NOI $26,891 @ 7.0% cap · market cap 8.41%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$613.3K
$536.7K – $715.6K
NOI $42,933 @ 7.0% cap · market cap 13.42%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
190
Businesses Nearby
11k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Dollar General
Shops & Services
6,437 visits/mo
0.1 miles
Arvest Bank
Shops & Services
2,453 visits/mo
0.2 miles
O'Reilly Auto Parts
Shops & Services
1,688 visits/mo
0.5 miles
Demographics for 72744, AR
5,227
Population
2,196
Households
2.4
Avg Household Size
40
Median Age
12%
College-Educated
88%
High-School Grad
79.0 sq mi
ZIP Area
66
Density / Sq Mi
$63,077
Median Household Income
$41,667
Median Earnings
$1,093
Median Rent
$168,100
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Similar Off Market Nearby
- Carter's Flowers and More — 117 W Bean St, Lincoln, AR 72744
Frequently Asked Questions
What type of property is this?
Storefront property - Occupied through 6/30/27 with recent cosmetic and infrastructure updates.
Where is this storefront property located?
The property is located at 113 W Bean St Lincoln, AR.
What is the asking price?
The asking price for this property is $319,900.
What are key features of this property?
This property features: Occupied by current tenant until 6/30/27; Open floor plan layout; Extensive cosmetic and infrastructure updates
