101 Monument St, Lowell, AR 72745
Independence Plaza, located at 101 Monument St, Lowell, AR 72745, presents a unique investment opportunity. This Class A, 2,301 square foot executive office space is part of a larger mixed-use development planned for office, retail, and hotel uses. The 2.18-acre property boasts a prime location at the corner of W Monroe Ave (13,000 vehicles per day) and I-49 (25,000 vehicles per day), ensuring high visibility and accessibility. The building features two outdoor patios and ample parking, along with drive-thrus conveniently located at the building's end. The first floor offers approximately 5,100-27,177 square feet of space, while the second floor provides approximately 32,517 square feet. Ground floor office and retail spaces are available for those seeking 1,000-2,500 square feet. This development has received large-scale development approval, with building permits obtainable within 60 days and an anticipated occupancy date of 12 months following permit acquisition. The property's strategic location offers easy access to the Razorback Greenway Trail, is adjacent to Arvest Bank operations, and is less than a mile from JB Hunt Transport HQ. The planned development also includes a walkway to the Razorback Greenway and proximity to a retail center of approximately 15,500 square feet. The price is negotiable.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.