Property Details for 3617 Sunset Ave

Year built

1988

Lot size

0.91 lot acres

Property size

4,912 SF

Zone code

C-2

Property type

Medical Office Space

Property subtype

Medical centers

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.

Location Insight

City

Springdale

County

Washington

State

Arkansas

Longitude

-94.1704

Latitude

36.1747

CBSA code

22220

CBSA name

FAYETTEVILLE-SPRINGDALE-ROGERS, AR-MO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments