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Property profile & analytics
OFF-MARKET Estimated value $235,000
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
$235k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$235k
Owner & transaction history
Broadstone Md Oklahoma LLC · 14 yrs held
Broadstone Md Oklahoma LLC
since 2012
6 recorded transactions
2024
Price N/A
2019
Price N/A
2017
Price N/A
2012
$1.6M
2012
Price N/A
2012
$678,000
Zoning & alternative use
C-2 · Springdale, AR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

C-2-General commercial district. PURPOSE. The C-2 general commercial district is established in order to be a broader range of retail uses, which comprise the commercial function of the city including groupings of freestanding commercial structures. Permitted uses include most types of retail activity except those involving open displays of merchandise and t…

Zone name General Commercial
General category COMMERCIAL
Zone area 3,022.36 ac
Source District Chapter
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