Corner Retail
888 E Robinson Avenue, Springdale, AR 72764
For Sale
New
$2,500,000
C-2 General Commercial zoning accommodates several commercial use categories, subject to applicable requirements and approvals.
Property Size8,815 SF
Price / SF$283.61
Days on Market2
Property Features for 888 E Robinson Avenue
General Information
Standard status
Size
Zoning
Site & Location
Corner Location
Highway Access
Road Access
Listing Agency:
PAK Home Realty
(479) 278-7146
Listed By:
Nancy Rodriguez · License #SA00093149
(479) 770-9503
Source:
Connectrealtynwa
Added: Nov 6
Last Checked: Nov 6 at 2:32PM
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 PAK Home Realty
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Investment Insights
Based on property information with market context.
This retail space occupies a corner position at 888 E Robinson Avenue in Springdale. The layout can be adapted to a tenant’s needs, and the landlord may consider tenant improvements based on the proposed use, tenant qualifications, work scope, and lease term. The lease structure is NNN.
The property is located along E Robinson Avenue, also identified as Highway 412. C-2 General Commercial zoning allows a range of commercial uses, including office, medical and dental, retail, personal services, and eating places, subject to applicable requirements and approvals. Other suite sizes and configurations are available.
The property is located along E Robinson Avenue, also identified as Highway 412. C-2 General Commercial zoning allows a range of commercial uses, including office, medical and dental, retail, personal services, and eating places, subject to applicable requirements and approvals. Other suite sizes and configurations are available.
Key Highlights
- Corner location along E Robinson Avenue/Highway 412 in Springdale
- C‑2 General Commercial zoning
- NNN lease structure
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$103,738
Cap Rate
4.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,074,760
$2.1M
Cap Rate 7%
$1,481,971
$1.5M
Cap Rate 9%
$1,152,644
$1.2M
Market Conditions
NOI Build-Up for 8,815 SF
Gross rent
$158.7K $18.00/SF
− Vacancy
−$10.5K −$1.19/SF
EGI
$148.2K $16.81/SF
− OpEx
−$44.5K −$5.04/SF
NOI
$103.7K $11.77/SF
Area
Washington County, AR
Vacancy
6.60%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,074,760
Cap Rate 7%
$1,481,971
Cap Rate 9%
$1,152,644
Alternative Uses
Best Use
Retail
$1.48M
$1.30M – $1.73M
NOI $103,738 @ 7.0% cap · market cap 4.15%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.37M
$2.07M – $2.76M
NOI $165,626 @ 7.0% cap · market cap 6.63%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
473
Businesses Nearby
109k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 73%
Shops & Services 26%
Home Improvements & Furnishings 1%
McDonald's
Dining
30,179 visits/mo
0.3 miles
Kum & Go
Shops & Services
23,194 visits/mo
0.3 miles
7 Brew Coffee
Dining
17,283 visits/mo
0.4 miles
SONIC Drive In
Dining
14,872 visits/mo
0.4 miles
Popeyes Louisiana Kitchen
Dining
12,026 visits/mo
0.2 miles
Demographics for 72764, AR
60,786
Population
20,781
Households
2.9
Avg Household Size
30
Median Age
20%
College-Educated
72%
High-School Grad
66.2 sq mi
ZIP Area
918
Density / Sq Mi
$61,569
Median Household Income
$34,552
Median Earnings
$984
Median Rent
$226,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Retail space in Washington County, AR
Properties on Market for Retail space in Washington County
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - C-2 General Commercial zoning accommodates several commercial use categories, subject to applicable requirements and approvals.
Where is this retail space located?
The property is located at 888 E Robinson Avenue Springdale, AR.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Corner location along E Robinson Avenue/Highway 412 in Springdale; C‑2 General Commercial zoning; NNN lease structure
