Mixed-Use Commercial
For Sale
Contact for pricing
116 S Broadway St, Siloam Springs, AR 72761
Mixed-use building with built-out office space, multiple retail units, and updated turnkey loft apartments.
Property Size14,632 SF
Price / SF$88.85
Days on Market197
Property Features for 116 S Broadway St
General Information
Standard status
Active
Size
14,632 SF
Property subtype
RETAIL
Additional Details
Furnished
Yes
Building Details
Tenancy
Multi
Listing Agency:
CBRE Fayetteville
(870) 926-9224
Listed By:
Zac White · License #SA00087270
(870) 926-9224
Source:
Moodyscre
Added: Jan 27
Changed: Aug 8
Last Checked: Aug 11 at 5:36AM
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 CBRE Fayetteville
Investment Insights
Based on property information with market context.
This mixed-use commercial building includes retail and office components, along with updated loft-style apartments. The retail portion is described as a hub with a total of 10 commercial units included. The office space is identified as built-out, designed for a local or national tenant. The residential component consists of updated loft-style apartments with a historic feel, totaling approximately 5,148 square feet, and described as turnkey and fully furnished.
The property is located at 116 S Broadway St in Siloam Springs, Arkansas. The office component is noted as offering an abundance of walkable amenities within 1 mile.
Overall, the building totals approximately 14,632 square feet and presents a multi-use configuration combining retail units, office space, and furnished apartment lofts.
The property is located at 116 S Broadway St in Siloam Springs, Arkansas. The office component is noted as offering an abundance of walkable amenities within 1 mile.
Overall, the building totals approximately 14,632 square feet and presents a multi-use configuration combining retail units, office space, and furnished apartment lofts.
Key Highlights
- Mixed‑use building with built‑out office space, multiple retail units, and updated loft apartments
- Retail component includes 10 commercial units
- Office space is built out for a local or national tenant
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
$119,171
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
9.17%
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%
$2,383,420
$2.4M
Cap Rate 7%
$1,702,443
$1.7M
Cap Rate 9%
$1,324,122
$1.3M
Market Conditions
NOI Build-Up for 14,632 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
$230.0K $15.72/SF
− Vacancy
−$13.3K −$0.91/SF
EGI
$216.7K $14.81/SF
− OpEx
−$97.5K −$6.66/SF
NOI
$119.2K $8.14/SF
Area
Benton County, AR
Vacancy
5.80%
Lease Rate
$15.72 /SF/Yr
Expense Ratio
45.00%
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%
$2,383,420
Cap Rate 7%
$1,702,443
Cap Rate 9%
$1,324,122
Alternative Uses
Best Use
Office B
$3.24M
$2.84M – $3.78M
NOI $227,056 @ 7.0% cap · market cap 17.47%
Second Best
Retail
$2.38M
$2.08M – $2.77M
NOI $166,455 @ 7.0% cap · market cap 12.80%
Theoretical Best
Office A
$4.02M
$3.52M – $4.69M
NOI $281,468 @ 7.0% cap · market cap 21.65%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
656
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 72761, AR
23,731
Population
9,101
Households
2.6
Avg Household Size
33
Median Age
29%
College-Educated
86%
High-School Grad
114.1 sq mi
ZIP Area
208
Density / Sq Mi
$69,620
Median Household Income
$35,724
Median Earnings
$936
Median Rent
$218,700
Median Home Value
Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Storefront property - Mixed-use building with built-out office space, multiple retail units, and updated turnkey loft apartments.
Where is this storefront property located?
The property is located at 116 S Broadway St Siloam Springs, AR.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Mixed‑use building with built‑out office space, multiple retail units, and updated loft apartments; Retail component includes 10 commercial units; Office space is built out for a local or national tenant
