Search
Standalone Office Building For Lease
For Sale
Contact for pricing

3905 Brooken Hill Dr, Fort Smith, AR

Single tenant office building suitable for medical or general office.

Property Size1,739 SF
Lot Size0.26 Acres
Price / SF$158.14
Days on Market268

Property Features for 3905 Brooken Hill Dr

General Information

Standard status Active
Size 1,739 SF
Lot size 0.26 Acres
Property subtype OFFICE

Properties For Sale

at 3905 Brooken Hill Dr Contact us

Standalone Office Building

Floor
Bldg
Size
1,739 SF
Type
OFFICE
Lease Type
OTHER
Availability
AVAILABLE, Now
Standalone, single-tenant office building with 1,739 square feet available for sale...
show more
Contact us
Listing Agency: Seiter & Wright Commercial Properties
Listed By: Greta Barr
Source: Moodyscre
Added: Nov 25, 2025 Changed: Aug 12 Last Checked: Aug 20 at 6:27AM

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 Seiter & Wright Commercial Properties

Investment Insights

Based on property information with market context.

This standalone, single-tenant office building offers 1739 square feet of space. The layout includes six private offices, an open office/reception area, a break area, two restrooms, and a storage area. The property is located just west of the intersection of 71 South and Brooken Hill Drive, providing frontage on Brooken Hill Drive and ample parking. The surrounding area features numerous retail establishments, office buildings, nursing home facilities, and residential rooftops. It is suitable for medical or general office use. The owner is seeking a 3-5 year lease, plus NN expenses and utilities.

Key Highlights

  • Excellent location for medical or general office use.
  • Standalone, single tenant office building.
  • Ample parking with frontage on Brooken Hill Drive.

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
$17,373
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
6.32%
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%
$347,460 $347.5K
Cap Rate 7%
$248,186 $248.2K
Cap Rate 9%
$193,033 $193.0K
Market Conditions
NOI Build-Up for 1,739 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
$25.0K $14.40/SF
− Vacancy
−$1.9K −$1.08/SF
EGI
$23.2K $13.32/SF
− OpEx
−$5.8K −$3.33/SF
NOI
$17.4K $9.99/SF
Area
Sebastian County, AR
Vacancy
7.50%
Lease Rate
$14.40 /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%
$347,460
Cap Rate 7%
$248,186
Cap Rate 9%
$193,033

Alternative Uses

Best Use
Healthcare Medical
$370.0K
$323.7K – $431.7K (±1% cap)
NOI $25,899 @ 7.0% cap · market cap 9.42%
Second Best
Office B
$248.2K
$217.2K – $289.6K (±1% cap)
NOI $17,373 @ 7.0% cap · market cap 6.32%
Theoretical Best
same as Best Use
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Bradley M. Short, ... Physician

Suggested Use

Top Pick Law Firm Spa & Massage Center Hair Salon Parking Lot & Garage Nail Salon Dental Office

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

117
Businesses Nearby

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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office building - Single tenant office building suitable for medical or general office.
Where is this office building located?
The property is located at 3905 Brooken Hill Dr Fort Smith, AR.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Excellent location for medical or general office use.; Standalone, single tenant office building.; Ample parking with frontage on Brooken Hill Drive.
(479) 785-4343 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message