Restaurant on Highway
For Sale
Contact for pricing
1400 W Hwy 412, Siloam Springs, AR
3,762 SF restaurant on 1.87 AC with highway frontage.
Property Size3,762 SF
Lot Size0.87 Acres
Price / SF$184.74
Days on Market338
Property Features for 1400 W Hwy 412
General Information
Standard status
Active
Size
3,762 SF
Lot size
0.87 Acres
Property subtype
RETAIL
Listing Agency:
CBRE Fayetteville
(870) 926-9224
Listed By:
Zac White · License #EB00052105
(870) 926-9224
Source:
Moodyscre
Added: Sep 3, 2025
Changed: Jul 6
Last Checked: Jul 21 at 3:08AM
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 is a 3,762 square foot restaurant on a 1.87 acre lot. The property is a second-generation free-standing restaurant with a covered patio. It has approximately 163 feet of frontage on Highway 412, which has a traffic volume of 28,000 vehicles per day. The zoning is C-2. An equipment list is available upon request. The property is located at 1400 W Hwy 412, Siloam Springs, AR.
Key Highlights
- ±163 ft of frontage on Hwy 412 (28,000 VPD)
- 2nd Gen Free‑Standing Restaurant
- Size: ±3,762 SF | ±1.87 AC
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
$50,597
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
7.28%
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%
$1,011,940
$1.0M
Cap Rate 7%
$722,814
$722.8K
Cap Rate 9%
$562,189
$562.2K
Market Conditions
NOI Build-Up for 3,762 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
$72.2K $19.20/SF
− Vacancy
−$4.8K −$1.27/SF
EGI
$67.5K $17.93/SF
− OpEx
−$16.9K −$4.48/SF
NOI
$50.6K $13.45/SF
Area
Benton County, AR
Vacancy
6.60%
Lease Rate
$19.20 /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%
$1,011,940
Cap Rate 7%
$722,814
Cap Rate 9%
$562,189
Alternative Uses
Best Use
Specialty Retail
$722.8K
$632.5K – $843.3K
NOI $50,597 @ 7.0% cap · market cap 7.28%
Second Best
Retail
$611.4K
$535.0K – $713.3K
NOI $42,797 @ 7.0% cap · market cap 6.16%
Theoretical Best
Office A
$1.03M
$904.6K – $1.21M
NOI $72,368 @ 7.0% cap · market cap 10.41%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
305
Businesses Nearby
96k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 36%
Groceries 36%
Shops & Services 26%
Hotels & Casinos 2%
McDonald's
Dining
34,552 visits/mo
0.3 miles
Walmart Neighborhood Market
Groceries
34,467 visits/mo
0.5 miles
Arvest Bank
Shops & Services
10,099 visits/mo
0.4 miles
Phillips 66
Shops & Services
9,569 visits/mo
0.1 miles
Dollar General
Shops & Services
5,520 visits/mo
0.2 miles
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Restaurant - 3,762 SF restaurant on 1.87 AC with highway frontage.
Where is this restaurant located?
The property is located at 1400 W Hwy 412 Siloam Springs, AR.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: ±163 ft of frontage on Hwy 412 (28,000 VPD); 2nd Gen Free‑Standing Restaurant; Size: ±3,762 SF | ±1.87 AC
