Storefront With Open Floor
For Sale
$319,900
113 W Bean Street, Lincoln, AR 72744
Occupied through 6/30/27 with recent cosmetic and infrastructure updates.
Property Size2,285 SF
Price / SF$140
Days on Market91
Property Features for 113 W Bean Street
General Information
Standard status
Active
Size
2,285 SF
Building Details
Tenancy
Single
Listing Agency:
Steve Fineberg & Associates
(479) 271-4161
Listed By:
Brennan Sharpe · License #SA00084262
(479) 530-3774
Source:
Connectrealtynwa
Added: Jul 29
Changed: Oct 26
Last Checked: Oct 26 at 3:40PM
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
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Review the available facts, identify missing information and prepare questions for the agent.
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 / Yr
$26,891
Cap Rate
8.41%
Suggested Prices Based on Cap Rates
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
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 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.
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Property Analytics
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Open 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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
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 Street 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
