3617 Sunset Ave Springdale, AR 72762-4955
- Medical offices
- 4,912 SF
- 0.91 lot acres
Current Use by Public Records
- Sunset Avenue Dental / Dentist
- Ray T. Bollin, DDS / Dentist
- Ray Thomas Bollin / Dentist
- Brittany Moline Irons / Dentist
- Dr. Shelby Esry / Dentist
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 offices
- 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.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- 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