Retail Suite in Commercial
For Sale
Contact for pricing
1203 Highway 35 N Suite 200, Benton, AR 72019
The space fronts Highway 35 North and offers convenient access to Interstate 30.
Property Size1,375 SF
Price / SF$0.02
Days on Market259
Property Features for 1203 Highway 35 N Suite 200
General Information
Standard status
Active
Size
1,375 SF
Total Parking Spaces
35
Property subtype
Commercial
Lease Type
NNN
Additional Details
Highway Access
Yes
Amenities
In-Unit Bathroom
Building Details
Building Size
1,375 SF
Year Built
2022
Stories
1
Listing Agency:
Halsey Real Estate - Benton
(501) 575-9191
Listed By:
Zane Neves · License #SA00099220
(870) 530-7712
Source:
Carolynrussellrealestate
Added: Feb 18
Changed: Nov 3
Last Checked: Nov 3 at 6:51PM
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 Halsey Real Estate - Benton
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,375± SF retail suite was built in 2022. It is positioned along Highway 35 North, with access to Interstate 30 nearby.
The surrounding corridor includes established businesses, retail, and restaurants, providing a commercial setting for the suite.
The surrounding corridor includes established businesses, retail, and restaurants, providing a commercial setting for the suite.
Key Highlights
- 1,375± SF retail suite
- Built in 2022
- Located along Highway 35 North
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,075
Suggested Prices Based on Cap Rates
Cap Rate 5%
$301,500
$301.5K
Cap Rate 7%
$215,357
$215.4K
Cap Rate 9%
$167,500
$167.5K
Market Conditions
NOI Build-Up for 1,375 SF
Gross rent
$22.9K $16.68/SF
− Vacancy
−$1.4K −$1.02/SF
EGI
$21.5K $15.66/SF
− OpEx
−$6.5K −$4.70/SF
NOI
$15.1K $10.96/SF
Area
Saline County, AR
Vacancy
6.10%
Lease Rate
$16.68 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$301,500
Cap Rate 7%
$215,357
Cap Rate 9%
$167,500
Alternative Uses
Best Use
Retail
$215.4K
$188.4K – $251.3K
NOI $15,075 @ 7.0% cap · market cap 68,522.73%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$300.1K
$262.6K – $350.1K
NOI $21,004 @ 7.0% cap · market cap 95,472.73%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
96
Businesses Nearby
Explore this area
Business Placement
Demographics for 72019, AR
28,097
Population
11,926
Households
2.4
Avg Household Size
40
Median Age
33%
College-Educated
95%
High-School Grad
173.2 sq mi
ZIP Area
162
Density / Sq Mi
$86,025
Median Household Income
$49,005
Median Earnings
$985
Median Rent
$248,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - The space fronts Highway 35 North and offers convenient access to Interstate 30.
Where is this retail space located?
The property is located at 1203 Highway 35 N Suite 200 Benton, AR.
What are key features of this property?
This property features: 1,375± SF retail suite; Built in 2022; Located along Highway 35 North
