Retail Storefront
For Sale
$695,000
16727 Highway 62, Garfield, AR 72732
Retail storefront along Highway 62 with regional connectivity between Northwest Arkansas and Southwest Missouri.
Property Size5,000 SF
Price / SF$139
Days on Market74
Property Features for 16727 Highway 62
General Information
Standard status
Active
Size
5,000 SF
Additional Details
Highway Access
Yes
Building Details
Year Built
2017
Listing Agency:
Moses Tucker Partners-Bentonville Branch
Listed By:
Paul Esterer · License #EB00052591
(479) 271-6118
Source:
Thesummithometeam
Added: Aug 4
Changed: Oct 5
Last Checked: Oct 7 at 1:21PM
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 Moses Tucker Partners-Bentonville Branch
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Investment Insights
Based on property information with market context.
This retail storefront property contains 5,000 square feet and was built in 2017. The building is located at 16727 Highway 62 in Garfield, Arkansas, providing a commercial presence along a route connecting Northwest Arkansas with Southwest Missouri.
The property is less than 7 miles from the Arkansas-Missouri border, 8.5 miles from Rogers, and 7.3 miles from Pea Ridge. Its Garfield location places the storefront within Benton County and the broader Northwest Arkansas region.
The property is less than 7 miles from the Arkansas-Missouri border, 8.5 miles from Rogers, and 7.3 miles from Pea Ridge. Its Garfield location places the storefront within Benton County and the broader Northwest Arkansas region.
Key Highlights
- 5,000‑square‑foot retail storefront
- Built in 2017
- Located along Highway 62 in Garfield, AR
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$56,881
Cap Rate
8.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,137,620
$1.1M
Cap Rate 7%
$812,586
$812.6K
Cap Rate 9%
$632,011
$632.0K
Market Conditions
NOI Build-Up for 5,000 SF
Gross rent
$87.0K $17.40/SF
− Vacancy
−$5.7K −$1.15/SF
EGI
$81.3K $16.25/SF
− OpEx
−$24.4K −$4.88/SF
NOI
$56.9K $11.38/SF
Area
Benton County, AR
Vacancy
6.60%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,137,620
Cap Rate 7%
$812,586
Cap Rate 9%
$632,011
Alternative Uses
Best Use
Retail
$812.6K
$711.0K – $948.0K
NOI $56,881 @ 7.0% cap · market cap 8.18%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.37M
$1.20M – $1.60M
NOI $96,182 @ 7.0% cap · market cap 13.84%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
11
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 72732, AR
4,990
Population
2,834
Households
1.8
Avg Household Size
46
Median Age
24%
College-Educated
89%
High-School Grad
86.9 sq mi
ZIP Area
57
Density / Sq Mi
$68,548
Median Household Income
$38,788
Median Earnings
$955
Median Rent
$236,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Storefront property - Retail storefront along Highway 62 with regional connectivity between Northwest Arkansas and Southwest Missouri.
Where is this storefront property located?
The property is located at 16727 Highway 62 Garfield, 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: 5,000‑square‑foot retail storefront; Built in 2017; Located along Highway 62 in Garfield, AR
