Flex Space with Office
For Sale
Contact for pricing
7501 Veterans Avenue, Fort Smith, AR 72916
Commercial configuration includes private offices, reception space, a kitchen area, and adjacent warehouse capacity.
Property Size1,100 SF
Price / SF$19.09
Days on Market90
Property Features for 7501 Veterans Avenue
General Information
Standard status
Active
Size
1,100 SF
Property subtype
CommercialLease
Amenities
3 private offices
reception area
small kitchen
Listing Agency:
Keller Williams Platinum Realty
(479) 434-3000
Listed By:
The Price Group · License #SA00080079
(479) 221-2868
Source:
Assurancerealtyfsm
Added: Jul 18
Changed: Oct 14
Last Checked: Oct 14 at 10:33PM
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 Keller Williams Platinum Realty
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Investment Insights
Based on property information with market context.
This flex property combines an 1,100-square-foot office suite with warehouse space for integrated administrative and storage functions. The office layout includes three private offices, a reception area, and a small kitchen. One warehouse is positioned directly behind the office, creating a connected configuration for users needing both workspace and storage.
The property is located at 7501 Veterans Avenue in Fort Smith, Arkansas, within the Chaffee Crossing commercial area. Two warehouse spaces are available, each measuring 18x43x17, with one situated immediately behind the office suite. The combination of office improvements and warehouse capacity supports a range of commercial space requirements without separating the functions across different properties.
The property is located at 7501 Veterans Avenue in Fort Smith, Arkansas, within the Chaffee Crossing commercial area. Two warehouse spaces are available, each measuring 18x43x17, with one situated immediately behind the office suite. The combination of office improvements and warehouse capacity supports a range of commercial space requirements without separating the functions across different properties.
Key Highlights
- 1,100 SF office suite with three private offices
- Reception area and small kitchen included
- Two warehouse spaces measuring 18x43x17 each
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$4,140
Suggested Prices Based on Cap Rates
Cap Rate 5%
$82,800
$82.8K
Cap Rate 7%
$59,143
$59.1K
Cap Rate 9%
$46,000
$46.0K
Market Conditions
NOI Build-Up for 1,100 SF
Gross rent
$6.6K $6.00/SF
− Vacancy
−$686 −$0.62/SF
EGI
$5.9K $5.38/SF
− OpEx
−$1.8K −$1.61/SF
NOI
$4.1K $3.76/SF
Area
Sebastian County, AR
Vacancy
10.40%
Lease Rate
$6.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$82,800
Cap Rate 7%
$59,143
Cap Rate 9%
$46,000
Alternative Uses
Best Use
Office B
$157.0K
$137.4K – $183.2K
NOI $10,989 @ 7.0% cap · market cap 52.33%
Second Best
Flex RnD
$84.9K
$74.3K – $99.1K
NOI $5,946 @ 7.0% cap · market cap 28.32%
Theoretical Best
Healthcare Medical
$234.0K
$204.8K – $273.1K
NOI $16,383 @ 7.0% cap · market cap 78.02%
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
2
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 72916, AR
10,250
Population
4,720
Households
2.2
Avg Household Size
41
Median Age
45%
College-Educated
92%
High-School Grad
37.7 sq mi
ZIP Area
272
Density / Sq Mi
$88,125
Median Household Income
$51,444
Median Earnings
$1,212
Median Rent
$257,100
Median Home Value
Check the figures for this property
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?
Flex space - Commercial configuration includes private offices, reception space, a kitchen area, and adjacent warehouse capacity.
Where is this flex space located?
The property is located at 7501 Veterans Avenue Fort Smith, AR.
What are key features of this property?
This property features: 1,100 SF office suite with three private offices; Reception area and small kitchen included; Two warehouse spaces measuring 18x43x17 each
