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    OFF-MARKET
    Medical Office Space

    3617 Sunset Ave, Springdale, AR 72762-4955

    4,912 SF 0.91 ac lot Built 1988
    Entity Owned 14-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US05-0816079
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Medical Office Space
    Use group MEDICAL BUILDING
    Year built 1988
    Total area 4,912 SF
    Lot 0.91 ac (39,770 SF)
    Zoning code C-2
    APN 815-29091-001
    UPID US05-0816079
    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
    • Sunset Avenue Dental Dental Office
    • Ray T. Bollin, DDS Dental Office
    • Ray Thomas Bollin Dental Office
    • Brittany Moline Irons Dental Office
    • Dr. Shelby Esry Dental Office
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Broadstone Md Oklahoma LLC · 14 yrs held
    Broadstone Md Oklahoma LLC
    since 2012
    6 recorded transactions
    2024
    2019
    2017
    2012
    $1.6M
    2012
    2012
    $678,000
    Zoning & alternative use
    C-2 · Springdale, AR
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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