Medical Office with Treatment
2703 SE Otis Corley Dr, Bentonville, AR 72712
For Sale
Contact for pricing
Flexible commercial layout with private offices, open areas, restrooms, kitchen space, and dedicated treatment rooms.
Property Size7,105 SF
Price / SF$0.00
Days on Market50
Property Features for 2703 SE Otis Corley Dr
General Information
Standard status
Size
Property subtype
Building Details
Year Built
Listing Agency:
Synergy Realty Group, LLC
Listed By:
Brooke Hernandez
(479) 366-0149
Source:
District3
Added: Sep 18
Changed: Nov 6
Last Checked: Nov 6 at 8:18AM
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 Synergy Realty Group, LLC
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Investment Insights
Based on property information with market context.
This 7,105 SF medical office property, built in 2005, features a combination of private offices, open work areas, and flex rooms. The existing configuration includes multiple restrooms, a kitchen and break area, plus dedicated treatment and observation rooms. The layout is suited to childcare, tutoring, medical, or treatment operations and can also be adapted for general office use.
The property is located at 2703 SE Otis Corley Dr in Bentonville, with direct access to I-49 and Hwy 62. It is minutes from Sam's Club Headquarters and the Walmart Home Office Campus, with on-site parking for staff and visitors. The location is also close to the Razorback Greenway and nearby dining options. The sublease term runs through 02/28/2031.
The property is located at 2703 SE Otis Corley Dr in Bentonville, with direct access to I-49 and Hwy 62. It is minutes from Sam's Club Headquarters and the Walmart Home Office Campus, with on-site parking for staff and visitors. The location is also close to the Razorback Greenway and nearby dining options. The sublease term runs through 02/28/2031.
Key Highlights
- 7,105 SF medical office property built in 2005
- Private offices, open work areas, and flex rooms
- Dedicated treatment and observation rooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$86,003
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,720,060
$1.7M
Cap Rate 7%
$1,228,614
$1.2M
Cap Rate 9%
$955,589
$955.6K
Market Conditions
NOI Build-Up for 7,105 SF
Gross rent
$153.5K $21.60/SF
− Vacancy
−$10.1K −$1.43/SF
EGI
$143.3K $20.17/SF
− OpEx
−$57.3K −$8.07/SF
NOI
$86.0K $12.10/SF
Area
Benton County, AR
Vacancy
6.60%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,720,060
Cap Rate 7%
$1,228,614
Cap Rate 9%
$955,589
Alternative Uses
Best Use
Office B
$1.58M
$1.38M – $1.84M
NOI $110,254 @ 7.0% cap · market cap 648,552.94%
Second Best
Healthcare Medical
$1.23M
$1.08M – $1.43M
NOI $86,003 @ 7.0% cap · market cap 505,900.00%
Theoretical Best
Office A
$1.95M
$1.71M – $2.28M
NOI $136,675 @ 7.0% cap · market cap 803,970.59%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
974
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
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
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Medical Office Space - Flexible commercial layout with private offices, open areas, restrooms, kitchen space, and dedicated treatment rooms.
Where is this medical office space located?
The property is located at 2703 SE Otis Corley Dr Bentonville, AR.
What are key features of this property?
This property features: 7,105 SF medical office property built in 2005; Private offices, open work areas, and flex rooms; Dedicated treatment and observation rooms
