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Leased Office Building
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3913 Brooken Hill Dr, Fort Smith, AR 72908

Office property occupied by the same tenant since 2000 under a gross lease.

Property SizeContact for details
Days on Market144

Property Features for 3913 Brooken Hill Dr

General Information

Standard status Active
Property subtype Office

Additional Details

Cap Rate 7%

Building Details

Tenancy Single
Listing Agency: Ghan & Cooper Commercial Properties
Listed By: Bob Cooper, Jr. · License #AR EB00066430
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 10:32AM

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 Ghan & Cooper Commercial Properties

Investment Insights

Based on property information with market context.

The office building at 3913 Brooken Hill Dr in Fort Smith, Arkansas, is leased to a tenant that has occupied the property since 2000. The current agreement is structured as a gross lease, with a little over five years remaining on the term.

The lease is projected to provide a 7% cap rate to the new owner. Tenant history, remaining lease term, and lease structure are established features of the existing occupancy.

Key Highlights

  • Tenant has occupied the property since 2000
  • Current gross lease has a little over 5 years remaining
  • 7% cap rate to the new owner

Property Analytics

Current Use

Farm Service Agency Sustainability Organization Sebastian County Conservation ... Department Store Rural Development Housing ... Government Office

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.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

117
Businesses Nearby

Demographics for 72908, AR

14,310
Population
6,374
Households
2.2
Avg Household Size
38
Median Age
30%
College-Educated
92%
High-School Grad
7.7 sq mi
ZIP Area
1,858
Density / Sq Mi
$68,697
Median Household Income
$43,234
Median Earnings
$886
Median Rent
$181,600
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
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Frequently Asked Questions

What type of property is this?
Office building - Office property occupied by the same tenant since 2000 under a gross lease.
Where is this office building located?
The property is located at 3913 Brooken Hill Dr Fort Smith, AR.
What are key features of this property?
This property features: Tenant has occupied the property since 2000; Current gross lease has a little over 5 years remaining; 7% cap rate to the new owner
(479) 478-6161 Call to check price and availability
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