Professional Office
For Sale
Contact for pricing
3291 Thompson St, Springdale, AR 72764
Reception, collaboration, storage, and shared restroom areas support a range of office uses.
Property Size1,150 SF
Price / SF$0.02
Days on Market80
Property Features for 3291 Thompson St
General Information
Standard status
Active
Size
1,150 SF
Property subtype
Commercial
Building Details
Year Built
2000
Listing Agency:
Synergy Realty Group, LLC
Listed By:
Brooke Hernandez
(479) 366-0149
Source:
District3
Added: Aug 2
Changed: Oct 19
Last Checked: Oct 19 at 7:05AM
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 office unit offers +/- 1,150 SF within Springdale Business Park. The interior includes a spacious reception area, an open coworking or team collaboration area, a storage closet, and access to a shared restroom. The configuration supports a range of office uses and is part of a professionally managed complex comprising eight buildings.
The property fronts 71 Business, providing visibility and access for occupants and visitors. It is located less than five minutes from Fayetteville and approximately ten minutes from Lowell. Lease structure is modified gross, with the tenant responsible for electric and gas; water and trash service are handled through a separate monthly charge.
The property fronts 71 Business, providing visibility and access for occupants and visitors. It is located less than five minutes from Fayetteville and approximately ten minutes from Lowell. Lease structure is modified gross, with the tenant responsible for electric and gas; water and trash service are handled through a separate monthly charge.
Key Highlights
- +/- 1,150 SF professional office suite
- Reception area, open coworking space, storage closet, and shared restroom
- Located within an eight building professionally managed business park
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,363
Suggested Prices Based on Cap Rates
Cap Rate 5%
$347,260
$347.3K
Cap Rate 7%
$248,043
$248.0K
Cap Rate 9%
$192,922
$192.9K
Market Conditions
NOI Build-Up for 1,150 SF
Gross rent
$24.8K $21.60/SF
− Vacancy
−$1.7K −$1.47/SF
EGI
$23.2K $20.13/SF
− OpEx
−$5.8K −$5.03/SF
NOI
$17.4K $15.10/SF
Area
Washington County, AR
Vacancy
6.80%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$347,260
Cap Rate 7%
$248,043
Cap Rate 9%
$192,922
Alternative Uses
Best Use
Office B
$248.0K
$217.0K – $289.4K
NOI $17,363 @ 7.0% cap · market cap 86,815.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$308.7K
$270.1K – $360.1K
NOI $21,607 @ 7.0% cap · market cap 108,035.00%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
386
Businesses Nearby
Explore this area
Business Placement
Demographics for 72764, AR
60,786
Population
20,781
Households
2.9
Avg Household Size
30
Median Age
20%
College-Educated
72%
High-School Grad
66.2 sq mi
ZIP Area
918
Density / Sq Mi
$61,569
Median Household Income
$34,552
Median Earnings
$984
Median Rent
$226,100
Median Home Value
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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?
Office unit - Reception, collaboration, storage, and shared restroom areas support a range of office uses.
Where is this office unit located?
The property is located at 3291 Thompson St Springdale, AR.
What are key features of this property?
This property features: +/- 1,150 SF professional office suite; Reception area, open coworking space, storage closet, and shared restroom; Located within an eight building professionally managed business park
