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17644 Highway 37, Garfield, AR, 72732
Office-Integrated Warehouse Flex Space

17644 Highway 37 Garfield, AR 72732

For Sale
$800,000

Fully climate-controlled warehouse with office and flex buildout, including two overhead doors, offices, conference space, and parking.

Property Size6,000 SF
Lot Size4.50 Acres
Price / SF$133.33
Days on Market361

Property Features for 17644 Highway 37

General Information

Standard status
Active
Size
6,000 SF
Lot size
4.50 Acres
Property subtype
Commercial/Industrial

Building Details

Year Built
2023
Listing Agency: The Brandon Group
Listed By: Sumer Brandon · License #PB00063728
Source: Exitrealty
Added: Jul 29, 2025 Changed: Jul 23 Last Checked: Jul 23 at 3:07PM

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 The Brandon Group


Investment Insights

Based on property information with market context.

This recently constructed flex space combines a fully climate-controlled warehouse with office and flex improvements. The building offers 6,000 square feet and includes full foam insulation throughout, three oversized offices, a large reception area with tall ceilings, an oversized conference room, and a kitchenette. The space also features 2.5 bathrooms for convenient day-to-day operations.

The warehouse component is set up for logistics and operational flexibility with two 14x18 overhead doors. Parking is available for both employees and visitors. The property is described as having highway frontage, supporting visibility and convenient access.

With its mix of office amenities and warehouse capacity, the layout is designed to support businesses that need both customer-facing space and functional warehouse operations in one location.

Key Highlights

  • Recently built 2023 property on 4.50 acres with 6,000 SF fully climate‑controlled warehouse, office, and flex space
  • Fully foam insulation throughout for the warehouse, office, and flex areas
  • Warehouse includes two 14x18 overhead doors for flexible logistics and operations

Financial Insights For Flex RnD

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $100.8k $16.80
− Vacancy −$7.3k −$1.21
EGI $93.5k $15.59
− OpEx −$32.7k −$5.46
NOI $60.8k $10.13
6,000 SF · lease $16.80/SF/yr · vacancy 7.20% · expense 35.00%

Alternative Uses

Best Use
Office B
$1.33M
$1.16M – $1.55M (±1% cap)
NOI $93,107 @ 7.0% cap · market cap 11.64%
Second Best
Flex RnD
$868.6K
$760.0K – $1.01M (±1% cap)
NOI $60,803 @ 7.0% cap · market cap 7.60%
Theoretical Best
Office A
$1.65M
$1.44M – $1.92M (±1% cap)
NOI $115,419 @ 7.0% cap · market cap 14.43%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Flex space

Suggested Use

Auto Repair Shop Auto Parts Store Storage Facility Nail Salon (Bike/Boat/Book/etc) Store Hair Salon Building Supply Spa & Massage Center Restaurant Wine and Liquor Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Flex space - Fully climate-controlled warehouse with office and flex buildout, including two overhead doors, offices, conference space, and parking.
Where is this flex space located?
The property is located at 17644 Highway 37 Garfield, AR.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: Recently built 2023 property on 4.50 acres with 6,000 SF fully climate‑controlled warehouse, office, and flex space; Fully foam insulation throughout for the warehouse, office, and flex areas; Warehouse includes two 14x18 overhead doors for flexible logistics and operations
More about this property
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