Property profile

2940 W Sunset Ave Springdale, AR 72762

FOR LEASE
Theaters & concert halls
Property ID
US05-0828501
32,816 SF 30.64 ac lot Built 1982
Entity Owned 5-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional executive office opportunity is located at 2940 W Sunset Ave in Washington County. The property offers two available suites, ranging in size from 660 to 1,267 square feet, perfect for businesses seeking a prominent presence in a thriving retail and business corridor. The location boasts high visibility and significant traffic volume, ensuring maximum exposure for your business. Enjoy the convenience of a central location, just minutes from I-49 and Highway 71B, providing easy access for clients and employees. This property benefits from a strong tenant mix, including established businesses such as Harps, Malco Theatre, 7 Brew, and Panda Restaurant, creating a vibrant and attractive environment. The multiple tenancy structure offers flexibility and a collaborative atmosphere. The property type is classified as Retail and Office, reflecting its versatile nature and suitability for a range of professional uses. This is an ideal location for businesses seeking high visibility, convenient access, and a strong surrounding commercial presence. The available spaces provide an excellent opportunity to establish or expand your business in a dynamic and well-connected area. The size options cater to various business needs, offering flexibility in space requirements. The property's strategic location near major roadways and established businesses makes it a highly desirable location for businesses seeking a competitive edge.

Property profile

Verified
Property type Theaters & concert halls
Use group THEATER (MOVIE)
Year built 1982
Total area 32,816 SF
Lot 30.64 ac (1,334,853 SF)
APN 815-29021-001
UPID US05-0828501

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
  • Shopping Center & Mall
  • Insurance Agency
  • Medical Clinic
  • Hardware & Home Improvement Home Decor Store
  • Cinema Theater & Performing Art Venue

Location

2940 W Sunset Ave Springdale, AR 72762
Springdale metro Census 10510 FAYETTEVILLE-SPRINGDALE-ROGERS, AR-MO METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$695k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$695k

Owner & transaction history

since 2021
3 recorded transactions
2021
Price N/A
2016
Price N/A
2016
Price N/A

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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