Equipped Restaurant with
For Sale
$475,000
1209 Edison Ave, Benton, AR 72015
Includes a commercial kitchen, bar, covered patio, and screened smoker area.
Property Size2,150 SF
Price / SF$220.93
Days on Market37
Property Features for 1209 Edison Ave
General Information
Standard status
Active
Size
2,150 SF
Building Details
Year Built
1938
Listing Agency:
McGraw Realtors - Benton
(501) 317-0864
Listed By:
James Pianalto
Source:
Themoverealty
Added: Jul 25
Changed: Aug 29
Last Checked: Aug 30 at 7:02PM
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 McGraw Realtors - Benton
Investment Insights
Based on property information with market context.
This 2,150-square-foot restaurant property at 1209 Edison Ave in Benton, Arkansas, occupies a 1.07-acre lot and was built in 1938. The interior includes a commercial kitchen with fryers, burners, an oven, meal preparation tables, refrigerators, freezers, dishes, cookware, and utensils. A full-service bar features beer taps and large televisions, while a drive-through window supports quick-service operations.
Outdoor improvements include a covered deck or patio for dining and a screened smoker area. The property also provides on-site parking and a cleared field behind the building. The restaurant is offered with its existing equipment and operational features in place.
Outdoor improvements include a covered deck or patio for dining and a screened smoker area. The property also provides on-site parking and a cleared field behind the building. The restaurant is offered with its existing equipment and operational features in place.
Key Highlights
- 2,150 SF restaurant on a 1.07‑acre lot
- Commercial kitchen includes fryers, burners, oven, prep tables, refrigerators, freezers, dishes, cookware, and utensils
- Full‑service bar with beers on tap and large TVs
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
$21,804
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
4.59%
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%
$436,080
$436.1K
Cap Rate 7%
$311,486
$311.5K
Cap Rate 9%
$242,267
$242.3K
Market Conditions
NOI Build-Up for 2,150 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
$31.0K $14.40/SF
− Vacancy
−$1.9K −$0.88/SF
EGI
$29.1K $13.52/SF
− OpEx
−$7.3K −$3.38/SF
NOI
$21.8K $10.14/SF
Area
Saline County, AR
Vacancy
6.10%
Lease Rate
$14.40 /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%
$436,080
Cap Rate 7%
$311,486
Cap Rate 9%
$242,267
Alternative Uses
Best Use
Specialty Retail
$311.5K
$272.6K – $363.4K
NOI $21,804 @ 7.0% cap · market cap 4.59%
Second Best
Industrial
$132.6K
$116.0K – $154.7K
NOI $9,279 @ 7.0% cap · market cap 1.95%
Theoretical Best
Office A
$469.2K
$410.5K – $547.4K
NOI $32,843 @ 7.0% cap · market cap 6.91%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
194
Businesses Nearby
3k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Conoco
Shops & Services
2,632 visits/mo
0.2 miles
Demographics for 72015, AR
28,597
Population
12,148
Households
2.4
Avg Household Size
37
Median Age
22%
College-Educated
92%
High-School Grad
85.0 sq mi
ZIP Area
336
Density / Sq Mi
$64,550
Median Household Income
$44,219
Median Earnings
$1,013
Median Rent
$169,200
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Includes a commercial kitchen, bar, covered patio, and screened smoker area.
Where is this conventional restaurant located?
The property is located at 1209 Edison Ave Benton, AR.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: 2,150 SF restaurant on a 1.07‑acre lot; Commercial kitchen includes fryers, burners, oven, prep tables, refrigerators, freezers, dishes, cookware, and utensils; Full‑service bar with beers on tap and large TVs
