$3,300,000
$3,508,000
5.9%For more information regarding the value of a property, please contact us for a free consultation.
13,780 SqFt
SOLD DATE : 11/30/2021
Key Details
Sold Price $3,300,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Square Footage 13,780 sqft
Price per Sqft $239
MLS Listing ID 1188767
Sold Date 11/30/21
HOA Y/N No
Year Built 2018
Property Sub-Type Retail
Property Description
This 13,780 SF Retail Center is located in Bentonville, AR. This offering consists of two separate buildings located at the southern gateway to historic Downtown Bentonville. This two building portfolio was constructed in 2018 with high quality finishes and is an ideal retail net lease investments. Main Street Crossing is currently operating at 74% occupancy with three regional tenants allowing a new Owner upside through leasing the remaining 3,630 SF unit at market rent. This property benefits from incredible demographics and is ideally positioned in one of the most dynamic growth areas in Arkansas along SE 14th Street with average daily traffic of more than 33,000 vehicles per day. Main Street Crossing is also surrounded by high volume retails driving consumers to the area including Walmart, Walgreens, FedEx, Advance Auto, Raising Canes, Aldi, Taco Bell, Wendy's and many more.
Location
State AR
County Benton
Area Arkansas Regional Mls, Llc
Zoning N
Direction From I-49 take Exit 86 for AR-102 W toward Bentonville. Head west for 1.8 miles. Location will be on your right.
Exterior
Present Use Retail
Road Frontage Main Thoroughfare
Total Parking Spaces 54
Building
Lot Description Corner Lot, City Lot
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Bought with Sitton Group Realty
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4762 N Castlewood Lane, Fayetteville, Arkansas, 72764, United States