3617 Sunset AveSpringdale, AR 72762

  • Healthcare properties
  • 4,912 SF
For Sale
$2,837,000 View listing

Property Details for 3617 Sunset Ave

Year built
1988
Lot size
0.91 AC
Property size (Sq ft)
4,912 SF
Zone code
C-2
Property type
Healthcare properties
Property subtype
Medical offices
APN
815-29091-001
APU
81529091001

Description

This exceptional investment opportunity presents a 4,951 square foot, single-tenant dental office in Springdale, Arkansas, leased to Heartland Dental under an absolute net lease. The property boasts a 6.20% cap rate and a substantial remaining lease term of 8.6 years, expiring June 30, 2033, with a 10-year renewal option. The lease includes annual 1.5% rent escalations, providing a hedge against inflation. The tenant, Heartland Dental, is a nationally recognized, financially stable organization, offering a corporate guarantee for added security. Located on a 0.91-acre lot at 3617 W Sunset Ave, Springdale, AR 72762, this freestanding, single-story building (constructed in 1988) benefits from strong demographics, with over 57,000 residents within a 3-mile radius and over 105,000 within a 5-mile radius. The absolute net lease structure shifts all property expenses—including taxes, insurance, maintenance, and utilities—to the tenant, minimizing landlord responsibilities. The current Net Operating Income (NOI) stands at $175,884. This presents a low-management, high-return investment opportunity in a resilient sector of the commercial real estate market. The property's essential business nature provides stability and security in uncertain economic times. This is a rare opportunity to acquire a high-quality, passively managed investment with significant long-term potential.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $428,188
    6.5%
    $395,251
    7%
    $367,018
  • Comparable approach

    Method
    Valuation
    Relative Method
    $351,355
    Geo Method
    $351,355
  • Alternative Use

    Use
    Valuation
    Residential
    $490,111
    Hospitality
    $448,939
    Educational
    $373,512
    Medical
    $386,357
    Retail
    $581,018
3617 Sunset Ave, Springdale, Arkansas
Leaflet | © OpenStreetMap contributors

Location Insight

City
Springdale
County
Washington
State
Arkansas
Latitude
36.1747
Longitude
-94.1704
CBSA code
22220
CBSA name
FAYETTEVILLE-SPRINGDALE-ROGERS, AR-MO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$11,751
$79,540
$243,480
$323,020
-
$397,700
$1,217,400
$1,615,100

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at support@realmo.com and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at support@realmo.com.