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Medical Office With Treatment Rooms
For Sale
$1,500,000

301 SW 16th Street, Bentonville, AR 72712

Medical and dental office configuration with sink-equipped rooms, private offices, accessible restrooms, and a kitchen break area.

Property Size3,630 SF
Price / SF$413.22
Days on Market131

Property Features for 301 SW 16th Street

General Information

Standard status Active
Size 3,630 SF
Total Parking Spaces 19
Zoning C-2

Amenities

medical rooms
offices
granite desk tops
cabinet storage
picture windows
handicap accessible bathrooms
kitchen/break area
water fountains
floating walls
wired for surround sound
flood lights
fire extinguishers
Listing Agency: Lindsey & Assoc Inc Branch
Listed By: Lori Samson · License #SA00072829
Source: Connectrealtynwa
Added: Apr 24 Changed: Aug 31 Last Checked: Aug 31 at 5:18PM

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 Lindsey & Assoc Inc Branch

Investment Insights

Based on property information with market context.

This 3,630-square-foot medical office, built in 2002, includes 8 medical rooms with sinks and 4 additional offices. The offices feature granite desktops and cabinet storage, while picture windows provide natural light throughout the interior. Four bathrooms include handicap-accessible features, and the kitchen and break area has a dishwasher, refrigerator, and sink. The layout also incorporates floating walls for easier removal or reconfiguration, along with surround-sound wiring.

The property provides 19 parking spaces, including disabled parking. Additional site and building features include 2 water fountains, flood lights intended for power outages, and fire extinguishers maintained to fire code. C-2 zoning supports the property's identified medical, dental, and vendor-office configurations.

Key Highlights

  • 3,630 SF medical office building constructed in 2002
  • 8 medical rooms, each equipped with a sink
  • 4 offices with granite desktops and cabinet storage

Financial Insights

Estimated NOI and Cap Rate

NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$56,330
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.76%
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,126,600 $1.1M
Cap Rate 7%
$804,714 $804.7K
Cap Rate 9%
$625,889 $625.9K
Market Conditions
NOI Build-Up for 3,630 SF 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.
Gross rent
$80.6K $22.20/SF
− Vacancy
−$5.5K −$1.51/SF
EGI
$75.1K $20.69/SF
− OpEx
−$18.8K −$5.17/SF
NOI
$56.3K $15.52/SF
Area
Benton County, AR
Vacancy
6.80%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,126,600
Cap Rate 7%
$804,714
Cap Rate 9%
$625,889

Alternative Uses

Best Use
Office B
$804.7K
$704.1K – $938.8K (±1% cap)
NOI $56,330 @ 7.0% cap · market cap 3.76%
Second Best
Healthcare Medical
$627.7K
$549.3K – $732.3K (±1% cap)
NOI $43,940 @ 7.0% cap · market cap 2.93%
Theoretical Best
Office A
$997.5K
$872.9K – $1.16M (±1% cap)
NOI $69,828 @ 7.0% cap · market cap 4.66%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

A.D. Bicak, MD Pediatrician Kirkland Tracie Medical Clinic The Clinic at Commerce Centre Medical Clinic Sams Heather M Employment Agency Dr. Ajdahan Bicak Pediatrician

Suggested Use

Top Pick Parking Lot & Garage Dental Office HVAC Service Locksmith Storage Facility (Bike/Boat/Book/etc) 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.

Location Intelligence

Trade Area within ½ mile

1,043
Businesses Nearby
Well-served
Demand for This Use

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

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Medical and dental office configuration with sink-equipped rooms, private offices, accessible restrooms, and a kitchen break area.
Where is this medical office space located?
The property is located at 301 SW 16th Street Bentonville, AR.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 3,630 SF medical office building constructed in 2002; 8 medical rooms, each equipped with a sink; 4 offices with granite desktops and cabinet storage
More about this property
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