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First-Floor Restaurant Space

198-307 S Walton Blvd, Bentonville, AR 72712

For Lease
$32 SF/Yr

A restaurant suite in a newly built luxury loft property includes overhead venting, with water covered by the lease.

Space SizeContact for details
Days on Market1022

Property Features for 198-307 S Walton Blvd

General Information

Standard status Active

Space & Availability

Floor 1
Space Use Restaurant
Listing Agency: Moses Tucker Partners-Bentonville Branch
Listed By: Paul Esterer · License AR EB00052591
Source: Exprealty
Added: Jan 23, 2024 Changed: Nov 8 Last Checked: Nov 8 at 5:46PM

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

Rey
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Investment Insights

Based on property information with market context.

This 1,756-square-foot restaurant space occupies the first floor of Lumen Luxury Lofts, a new residential development. Overhead venting is provided for restaurant use.

Water is included in the lease rate; the tenant is responsible for all other utilities. The space is located at 198-307 S Walton Blvd in Bentonville, Arkansas.

Key Highlights

  • 1,756 square feet on the first floor of Lumen Luxury Lofts
  • Overhead venting provided for restaurant use
  • Water included; tenant pays all other utilities

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Catering Service Veterinary Clinic Furniture & Home Goods Grocery & Convenience Store

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

Lease Details

NNN (Triple Net)
Lease Type
$4.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

758
Businesses Nearby
77k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 63% Shops & Services 15% Hotels & Casinos 13% Beauty & Spa 6%
7 Brew Coffee Dining
12,873 visits/mo 0.2 miles
McAlister's Deli Dining
11,987 visits/mo 0.4 miles
First Watch Dining
8,111 visits/mo 0.2 miles
Shell Shops & Services
7,250 visits/mo 0.1 miles
Taziki's Dining
6,480 visits/mo 0.5 miles

Demographics for 72712, AR

38,053
Population
16,245
Households
2.3
Avg Household Size
34
Median Age
49%
College-Educated
94%
High-School Grad
51.8 sq mi
ZIP Area
735
Density / Sq Mi
$102,073
Median Household Income
$56,675
Median Earnings
$1,197
Median Rent
$401,300
Median Home Value

Market

Lease Benchmarks for Bentonville, AR

$39.5 /SF/Yr
Avg Asking Price
$24–$73 /SF/Yr
Price Range
1,810 SF
Avg Space Size

This space is priced 19% below the average of $39.5 /SF/Yr.

Average Price Trend$/SF/Yr for Conventional restaurants in Benton County, AR

$20.44 Jul
$26.16 Aug
$29.12 Sep
$29.5 Oct

Properties on Market for Conventional restaurants in Benton County

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Conventional restaurant - A restaurant suite in a newly built luxury loft property includes overhead venting, with water covered by the lease.
Where is this conventional restaurant located?
The property is located at 198-307 S Walton Blvd Bentonville, AR.
What is the lease rate?
The lease rate is $32 SF/Yr.
What are key features of this property?
This property features: 1,756 square feet on the first floor of Lumen Luxury Lofts; Overhead venting provided for restaurant use; Water included; tenant pays all other utilities
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