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34225347
34225365

3600 Wheeler Avenue, Fort Smith, AR 72901

MS
AR PB00046463
Sagely & Edwards Realtors
JB
AR SA 00088441
Sagely & Edwards Realtors
Listed by Sagely & Edwards Realtors
$9,500,000
8 days on market
Updated 4 days ago

3600 Wheeler Avenue

Details
Property Type Office, Mixed Use
Square Footage 59,358
Units 1
Cap Rate 10.31%
NOI $979,000
Occupancy 40%
Tenancy Vacant
Lease Type NNN
Price per SqFt $160
Broker Co-Op True
Year Built 1980
Year Renovated 2026
Buildings 1
Stories 2
Acreage 6.530
Zoning Industrial
Parking Spaces 225 spaces
Parking per 1,000 SqFt 3.79
Investment Type Sale/Leaseback
Ground Lease No
Ceiling Height 10
Loading Docks 1

Office | 10.31% CAP | 59,358 SqFt

Marketing description

An Exceptional opportunity awaits at 3600 Wheeler Avenue! Own this one-of-a- kind commercial building that has served as home for the Southwest Times Record. Currently operating as multi-tenant facility, this impressive 59,358 sq.ft. heated building sits on approximately 6.53 acres in the heart of Fort Smith and offers endless possibilities for future use. This immaculate maintained property is ideally located on Hwy 255 with exceptional functionality, accessibility, and flexibility for a wide range of executive, medical, administrative, or institutional uses. The property features 65+ private offices, multiple large conference rooms suited for meetings, training, or presentations, a welcoming foyer, elevator, multiple staircases, and over 225 dedicated parking spaces. Additional amenities include a kitchen/break rooms, copy rooms, filing rooms, dedicated server/data room with separate HVAC, updated systems, and a TPO roof. With its strategic location, ample workspace, and strong operational features, this property is well suited for an owner-user, professional group, medical practice, corporate office, or investor seeking a substantial office asset close to downtown. Showings by appointment and during business hours only. Listing Agent to attend all showings.

Investment highlights

An Exceptional opportunity awaits at 3600 Wheeler Avenue! Own this one-of-a- kind commercial building that has served as home for the Southwest Times Record.

Listing Contacts

MS
AR PB00046463
Sagely & Edwards Realtors
JB
AR SA 00088441
Sagely & Edwards Realtors
Listed by Sagely & Edwards Realtors

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$979,000.00
$81,583.33/mo

Valuation Metrics

0
DSCR
10.31%
Cap Rate
10.31%
ROI

Map

Zoning

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I-1 IndustrialLight IndustrialIndustrial Light
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View all 364 uses
View all 364 uses
Last updated Jun 1, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Additional Information

Name
Mont Sagely
License
PB00046463
Brokerage
Sagely & Edwards Realtors
Brokerage Phone
479-782-8911
Title
Principal Broker
Name
Jeff Beauchamp
License
SA 00088441
Brokerage
Sagely & Edwards Realtors
Brokerage Phone
4797195037
Title
Agent,
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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