Climate-Controlled Flex
For Sale
$800,000
17644 Highway 37, Garfield, AR 72732
Recently constructed commercial property pairs insulated warehouse capacity with finished offices and customer-facing areas.
Property Size6,000 SF
Lot Size4.50 Acres
Price / SF$133.33
Days on Market61
Property Features for 17644 Highway 37
General Information
Standard status
Active
Size
6,000 SF
Lot size
4.50 Acres
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Conditioned Warehouse
Yes
Amenities
conference room
kitchenette
reception area
Building Details
Building Size
6,000 SF
Listing Agency:
The Brandon Group
Listed By:
Sumer Brandon · License #PB00063728
(479) 787-3080
Source:
Connectrealtynwa
Added: Aug 17
Changed: Oct 11
Last Checked: Oct 14 at 10:54PM
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
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Investment Insights
Based on property information with market context.
This recently constructed flex property spans 4.50 level acres and includes 6,000 square feet of fully climate-controlled warehouse, office, and adaptable commercial space. Full foam insulation extends throughout the building. The interior layout includes three oversized offices, 2.5 bathrooms, a conference room, kitchenette, and a spacious reception area with tall ceilings suited to displaying products and meeting clients.
The warehouse component provides two 14-by-18-foot overhead doors to support movement of equipment and materials. Parking is available for employees and visitors, while highway frontage adds direct exposure and access. The combination of office finishes, controlled warehouse conditions, and logistics-oriented features accommodates a range of commercial operations.
The warehouse component provides two 14-by-18-foot overhead doors to support movement of equipment and materials. Parking is available for employees and visitors, while highway frontage adds direct exposure and access. The combination of office finishes, controlled warehouse conditions, and logistics-oriented features accommodates a range of commercial operations.
Key Highlights
- 6,000 square feet of fully climate‑controlled warehouse, office, and flex space
- Located on 4.50 level acres with highway frontage
- Two 14x18 overhead doors support warehouse logistics
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$60,803
Cap Rate
7.60%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,216,060
$1.2M
Cap Rate 7%
$868,614
$868.6K
Cap Rate 9%
$675,589
$675.6K
Market Conditions
NOI Build-Up for 6,000 SF
Gross rent
$100.8K $16.80/SF
− Vacancy
−$7.3K −$1.21/SF
EGI
$93.5K $15.59/SF
− OpEx
−$32.7K −$5.46/SF
NOI
$60.8K $10.13/SF
Area
Benton County, AR
Vacancy
7.20%
Lease Rate
$16.80 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,216,060
Cap Rate 7%
$868,614
Cap Rate 9%
$675,589
Alternative Uses
Best Use
Office B
$1.33M
$1.16M – $1.55M
NOI $93,107 @ 7.0% cap · market cap 11.64%
Second Best
Flex RnD
$868.6K
$760.0K – $1.01M
NOI $60,803 @ 7.0% cap · market cap 7.60%
Theoretical Best
Office A
$1.65M
$1.44M – $1.92M
NOI $115,419 @ 7.0% cap · market cap 14.43%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
23
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 Office in South region
Frequently Asked Questions
What type of property is this?
Flex space - Recently constructed commercial property pairs insulated warehouse capacity with finished offices and customer-facing areas.
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: 6,000 square feet of fully climate‑controlled warehouse, office, and flex space; Located on 4.50 level acres with highway frontage; Two 14x18 overhead doors support warehouse logistics
