329 Bloomington St, Lowell, AR 72745
This exceptional Class A, 7,500-square-foot flex space, built in 2024, is ideally situated at the intersection of Bloomington and McClure streets. Currently fully vacant, this single-story building offers multiple suite options, with a minimum divisible space of 2,535 square feet and a maximum contiguous space of 7,500 square feet. The property boasts a 17-foot ceiling height, 20 parking spaces, and excellent visibility from a 200-foot frontage. The one-acre lot (43,560 square feet) is zoned commercial. The property is suitable for retail, industrial, or R&D uses. Annual property taxes are $0.65 per square foot. There are four total suites within the building. Pre-leasing incentives are available for leases ranging from 3,575 to 7,500 square feet, with tenant finish-out allowances negotiable. The location benefits from high traffic counts, having increased from 11,000 vehicles daily in 2019 to approximately 15,000 today. This presents a unique opportunity to establish a business in a thriving area alongside an existing tenant. The rental rate is $15.00 to $19.00 NNN.
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
Similar Nearby for Sale
Similar Nearby for Lease
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.