693/777 White RD, Springdale, AR 72762

SGD $2,329,760

USD $1,700,000

Other
  • 12,922.00 sq ft
Property ID: 110038185977 More details

Retail - Springdale, AR

693/777 White RD, Springdale, AR 72762

Description

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Property is currently 100% leased. 10,680 square feet leased by Responsive Education Solutions that Operates 80 Charter Schools in Texas and four currently in Arkansas. They have a five year lease with a five year option. One other Tenant is a Chiropractor (Dr Favorite) that occupies 1,680 square feet under a 7 year initial lease term with another 7 year option. Property will have a 7.3% CAP Rate with no contribution from Landlord for Tenant Improvements. Outstanding opportunity for this property for 10-31 Exchange. Property will increase in value by $200,000 in five years with lease increases scheduled.

Direction: From I-49 turn east on Elm Springs Rd which becomes White at a sharp curve. Building is in the curve of the road.

Basic info

  • Property Type Other
  • Land Size 162,043.34 sq ft (approx)
  • Year Built 2007
  • House Size 12,922.00 sq ft (approx)
  • Rooms
  • Architecture Style Other
  • Provider Southern Tradition Real Estate, LLC
  • County Washington
  • Parcel ID 815-33984-000
  • Address 693/777 White RD, Springdale, AR 72762

Interior features

  • Roof Types Metal

Exterior features

Data Provided by Southern Tradition Real Estate, LLC, MLS#: 1100956

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