Property profile

101 Monument St Lowell, AR 72745

OFF-MARKET
Retail properties & Spaces
2,301 SF 2.18 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Retail properties & Spaces
Total area 2,301 SF
Lot 2.18 ac (94,961 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

101 Monument St Lowell, AR 72745
Lowell metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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