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    Property profile & analytics
    OFF-MARKET Estimated value $11,150,000
    Outlet malls

    1400 Military Rd, Benton, AR 72015-2913

    76,095 SF 7.97 ac lot
    Entity Owned 21-yr Hold Absentee Owner Free & Clear
    Property ID
    US05-2108282
    Property summary
    AI-generated overview

    This exceptional 2,000 square foot office space is situated within Benton Commons, a thriving retail and office center located at 1400 Military Road in Benton, Arkansas, zip code 72015. The property is part of a multi-tenant building offering a traditional office environment. Its strategic location on Benton's primary retail thoroughfare, Military Road, ensures high visibility and accessibility. The convenient proximity to Interstate 30 provides effortless connectivity for employees and clients. Benton Commons boasts a strong tenant mix, including a major grocery anchor, Kroger, along with a diverse range of restaurants, service businesses, and other office occupants, creating a vibrant and active commercial environment. The available space presents a fantastic opportunity for businesses seeking a well-established location within a bustling commercial center. The property is classified as both retail and office space, offering flexibility for various business needs. Saline County is the location of this property. This listing specifically refers to 2,000 square feet of currently vacant space.

    Property profile
    Verified
    Property type Outlet malls
    Use group WHOLESALE OUTLET, DISCOUNT STORE
    Total area 76,095 SF
    Lot 7.97 ac (347,173 SF)
    APN 800-06201-000
    UPID US05-2108282
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Sumo express Restaurant
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    $12.84M
    Comparable Approach Comparable
    $11.37M
    Blend (final) Blend
    $11.15M
    Owner & transaction history
    Kirkpatrick Real Props LLC · 21 yrs held
    Kirkpatrick Real Props LLC
    since 2004
    1 recorded transaction
    2004
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Office building $7.6M +0.6%
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