Restaurant Building with
For Sale
$400,000
622 Gertrude Street, Benton, AR 72015
Commercial / Industrial, Benton, AR
Property Size2,776 SF
Price / SF$144.09
Days on Market602
Property Features for 622 Gertrude Street
General Information
Property type
Commercial Sale
Property subtype
Other
Parking
25
Directions
Take I 30 to exit 117, left onto Military, right onto Carpenter, property will be on right corner of Gertrude and Carpenter.
Subdivision
BENTON
Standard status
Active
Size
2,776 SF
Taxes and HOA fees
Tax Year
2023
Tax Description
lots 5 and 6 Block 004
Tax Annual Amount
1030
Legal Description
lots 5 and 6 Block 004
Building Details
Floors in Building
1
Listing Agency:
Vylla Home
(866) 807-5204
Listed By:
Tony Furman
(501) 909-1537
Added: Feb 10, 2025
Changed: Oct 5
Last Checked: Oct 5 at 2:06PM
MLS# 25005427
Copyright © 2026 Cooperative Arkansas Realtors Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The 2,776-square-foot property is suited to restaurant use and includes restaurant equipment and furniture that may convey with an accepted offer. The building previously operated as a restaurant for 20 years and had an earlier life as an art studio.
Gertrude Street is one block from Military Road in Benton, Arkansas.
Gertrude Street is one block from Military Road in Benton, Arkansas.
Key Highlights
- 2,776‑square‑foot commercial property
- Restaurant equipment and furniture may convey with an accepted offer
- Previously operated as a restaurant for 20 years
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,152
Cap Rate
7.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$563,040
$563.0K
Cap Rate 7%
$402,171
$402.2K
Cap Rate 9%
$312,800
$312.8K
Market Conditions
NOI Build-Up for 2,776 SF
Gross rent
$40.0K $14.40/SF
− Vacancy
−$2.4K −$0.88/SF
EGI
$37.5K $13.52/SF
− OpEx
−$9.4K −$3.38/SF
NOI
$28.2K $10.14/SF
Area
Saline County, AR
Vacancy
6.10%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$563,040
Cap Rate 7%
$402,171
Cap Rate 9%
$312,800
Alternative Uses
Best Use
Specialty Retail
$402.2K
$351.9K – $469.2K
NOI $28,152 @ 7.0% cap · market cap 7.04%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$605.8K
$530.1K – $706.8K
NOI $42,406 @ 7.0% cap · market cap 10.60%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,353
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 72015, AR
28,597
Population
12,148
Households
2.4
Avg Household Size
37
Median Age
22%
College-Educated
92%
High-School Grad
85.0 sq mi
ZIP Area
336
Density / Sq Mi
$64,550
Median Household Income
$44,219
Median Earnings
$1,013
Median Rent
$169,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
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Similar Off Market Nearby
- Great Khan Mongolian stir-fry and Sushi — 1212 Military Rd, Benton, AR 72015
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Restaurant equipment and furnishings may be included with an accepted offer.
Where is this conventional restaurant located?
The property is located at 622 Gertrude Street Benton, AR.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: 2,776‑square‑foot commercial property; Restaurant equipment and furniture may convey with an accepted offer; Previously operated as a restaurant for 20 years
