Property profile

329 Bloomington St Lowell, AR 72745

OFF-MARKET
Retail properties & Spaces
7,500 SF 1 ac lot Built 2024
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2024
Total area 7,500 SF
Lot 1 ac (43,560 SF)

Cap rate & NOI

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

Location

329 Bloomington St Lowell, AR 72745
Lowell metro
Google Maps

Value estimations

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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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