Property profile

1400 Military Rd Benton, AR 72015

OFF-MARKET
Outlet malls
Property ID
US05-2108282
76,095 SF 7.97 ac lot
Entity Owned 22-yr Hold Absentee Owner Free & Clear
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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

Current use

Occupant on record · Public records
  • Restaurant

Location

1400 Military Rd Benton, AR 72015-2913
Benton metro Census 10101 LITTLE ROCK-NORTH LITTLE ROCK, AR METROPOLITAN STATISTICAL AREA
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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

since 2004
1 recorded transaction
2004
Price N/A

Zoning & alternative use

Top alternative use upside
Office building $7.6M +0.6%

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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