Building Details

Year Built 1938

Listing Agency: McGraw Realtors - Benton

Listed By: James Pianalto Show Phone

Source: Signaturearkansas

Added: Jul 25 Changed: Sep 15 Last Checked: Oct 15 at 2:12AM

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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

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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.

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 / Yr

$21,804

Cap Rate

4.59%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$436,080 $436.1K

Cap Rate 7%

$311,486 $311.5K

Cap Rate 9%

$242,267 $242.3K

Is this asking price fair?

Market Conditions

NOI Build-Up for 2,150 SF

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 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 (±1% cap)

NOI $21,804 @ 7.0% cap · market cap 4.59%

Second Best

Industrial

$132.6K

$116.0K – $154.7K (±1% cap)

NOI $9,279 @ 7.0% cap · market cap 1.95%

Theoretical Best

Office A

$469.2K

$410.5K – $547.4K (±1% cap)

NOI $32,843 @ 7.0% cap · market cap 6.91%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Tim’s Tavern Restaurant Icehouse Grill Restaurant

Suggested Use

Top Pick Big Box & Wholesale Store Grocery & Convenience Store Storage Facility Auto Parts Store Building Supply Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

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

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

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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