504 Centerton Blvd Centerton, AR 72719
- Community centers
- 15,211 SF
- 2.77 lot acres
Current Use by Public Records
- Community centers
Property Details for 504 Centerton Blvd
- Year built
- 2020
- Lot size
- 2.77 lot acres
- Property size
- 15,211 SF
- Property type
- Community centers
- APN
- 06-00081-012
- APU
- 600081012
Description
This exceptional Class A retail and office space, located at 504 E Centerton Blvd in Centerton, Arkansas, 72719, presents a unique opportunity for businesses seeking a vibrant and growing location. The property, built in 2020, comprises a single-story, 15,000 square foot building, offering multiple tenancy options. Currently, 1,800 square feet of vacant space is immediately available, with a minimum divisible unit of 1,000 square feet. This allows for flexibility to accommodate various business needs and expansion plans. The property benefits from its high-traffic location on Centerton Boulevard, experiencing approximately 28,000 vehicles per day. Centerton's rapid growth makes this an ideal spot for businesses looking to establish or expand their presence in a thriving market. The space is part of the Lake View Plaza, a multi-tenant building offering a collaborative and convenient environment. Leasing terms are Net, Net, Net (NNN), with tenants responsible for utilities. This prime location and modern building offer a compelling opportunity for businesses seeking a strategic advantage in a dynamic market. The property's convenient access and visibility on Centerton Boulevard ensure high visibility and accessibility for customers. The available space is perfect for a variety of retail or office uses, providing a flexible and adaptable environment for businesses of all sizes.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,980,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,860,000
- 6.5%
- $1,840,000
- 7%
- $1,830,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $2,170,000
- Geo Method
- $1,705,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,710,000
- Retail
- $2,155,000
- Mixed-Use
- $2,140,000
- Hospitality
- $1,810,000
- Educational
- $2,170,000
- Residential Income
- $1,875,000
- Energy
- $1,655,000
- Income-Based Land
- $1,860,000
- Food Service
- $1,805,000
Location Insight
- Map
- Local Demand
- City
- Centerton
- County
- Benton
- State
- Arkansas
- Longitude
- -94.2763
- Latitude
- 36.3593
- CBSA code
- 22220
- CBSA name
- FAYETTEVILLE-SPRINGDALE-ROGERS, AR-MO METROPOLITAN STATISTICAL AREA
