Flex Office and Warehouse
For Sale
Contact for pricing
4609 South 16th Street, Fort Smith, AR 72901
6,000 SF office-and-warehouse building with a built-out front office and on-site loading dock.
Property Size6,000 SF
Price / SF$79.17
Days on Market64
Property Features for 4609 South 16th Street
General Information
Standard status
Active
Size
6,000 SF
Property subtype
Industrial
Building Details
Tenancy
Single
Listing Agency:
Ghan & Cooper Commercial Properties
(479) 478-6161
Listed By:
David Tyler · License #AR AB00081330
Source:
Crexi
Added: Jun 2
Changed: Jul 10
Last Checked: Aug 4 at 6:22AM
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.
This property is a 6,000 SF flex office and warehouse building with a 3,200 SF front office built out with three private offices, a conference room, and restrooms. The remainder of the space supports warehouse operations and includes a loading dock and a dedicated loading door for the warehouse portion.
The building is located at 4609 South 16th Street in Fort Smith, positioned just off Phoenix Ave. The current occupant, Onin Staffing, is in place through December 31, 2026.
For tenants and operators seeking space that combines administrative offices with warehouse functionality, the existing office layout provides ready-to-use private work areas and a conference room alongside warehouse loading capabilities. For buyers, the property’s current occupancy through the stated date can be a consideration when evaluating timing for an owner-occupant or investment strategy.
The building is located at 4609 South 16th Street in Fort Smith, positioned just off Phoenix Ave. The current occupant, Onin Staffing, is in place through December 31, 2026.
For tenants and operators seeking space that combines administrative offices with warehouse functionality, the existing office layout provides ready-to-use private work areas and a conference room alongside warehouse loading capabilities. For buyers, the property’s current occupancy through the stated date can be a consideration when evaluating timing for an owner-occupant or investment strategy.
Key Highlights
- 6,000 SF office‑and‑warehouse building just off Phoenix Ave in Fort Smith
- Onin Staffing occupies the property through Dec. 31, 2026
- Front office totals 3,200 SF with 3 private offices, a conference room, and restrooms
Financial Insights For Flex RnD
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $54.0k | $9.00 |
| − Vacancy | −$4.1k | −$0.68 |
| EGI | $49.9k | $8.32 |
| − OpEx | −$17.5k | −$2.91 |
| NOI | $32.4k | $5.41 |
6,000 SF · lease $9.00/SF/yr · vacancy 7.60% · expense 35.00%
Alternative Uses
Best Use
Office B
$856.3K
$749.3K – $999.0K
NOI $59,940 @ 7.0% cap · market cap 12.62%
Second Best
Flex RnD
$463.3K
$405.4K – $540.5K
NOI $32,432 @ 7.0% cap · market cap 6.83%
Theoretical Best
Healthcare Medical
$1.28M
$1.12M – $1.49M
NOI $89,359 @ 7.0% cap · market cap 18.81%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,257
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 72901, AR
20,973
Population
10,337
Households
2
Avg Household Size
37
Median Age
21%
College-Educated
81%
High-School Grad
8.7 sq mi
ZIP Area
2,411
Density / Sq Mi
$42,568
Median Household Income
$30,582
Median Earnings
$837
Median Rent
$113,200
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - 6,000 SF office-and-warehouse building with a built-out front office and on-site loading dock.
Where is this flex space located?
The property is located at 4609 South 16th Street Fort Smith, AR.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: 6,000 SF office‑and‑warehouse building just off Phoenix Ave in Fort Smith; Onin Staffing occupies the property through Dec. 31, 2026; Front office totals 3,200 SF with 3 private offices, a conference room, and restrooms
