Listed by Kelley Commercial Partners
$4,150,000
Emily Plaza
Details
Property Type Retail
Sub Type Shopping Center
Square Footage 28,800
Cap Rate 7.00%
NOI $290,471
Occupancy 95.1%
Tenancy Multi
Lease Type NNN
Rent Bumps Yes
Pro-Forma Cap Rate 9.60%
Pro-Forma NOI $396,720
Price per SqFt $144
Buildings 4
Acreage 2.040
Investment Type Value Add
Ground Lease No
1772 - 1810 W Sunset Ave, Springdale, AR 72762
Marketing description
Muti-Tenant Retail Investment Offering
Located along the highly trafficked W Sunset Avenue corridor (Highway 412) in Springdale with easy access to Interstate 49, Highway 71B, and proximity to national retailers such as Walmart Neighborhood Market, Walgreens, and Harps.
Investment highlights
- Priced well below replacement cost
- Below-market rents provide near-term upside potential
- Strong in-place income with 7.0% cap rate at asking price
- NNN estimated $2.00 PSF
- Most rollover occurs in 2026-2028
Listing Contacts
Listed by Kelley Commercial Partners
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$290,471.00
$24,205.92/mo
Valuation Metrics
0
DSCR
7%
Cap Rate
7%
ROI
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