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Office Park - Prime Location Don't Miss This For Sale
Location Arkansas,United States
Asking Price Range $10.0M - $20.0M
Gross Revenues $1463590
Net Profit / Cash Flow $991905
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2000
Number of Employees 1 - 3
Inventory Real estate--no inventory or equipment
Relocatable No
Number of Employees 1 - 3
Real Estate Owned
Training Negotiable on an accepted offer.
Reason for Sale Each partner has his/her own reason for selling.
Description Commercial business office park in Benton County, Arkansas located one mile or less from both Wal-Mart and Sam's Club corporate offices. A mix of 33 tenants including Fortune 500 companies and other national firms occupy 94 percent of all leasing space which is accessible from four points via major thoroughfares. The six buildings consist of one two-story building and five one-story buildings housing 27 suites and eight executive apartments that are zoned for and may be used as additional office space.
The six buildings total 104,473 square feet and occupy 10.11 acres. There exist an additional 14.98 acres of undeveloped land that may be purchased separately which rests on 13 lots divided by three separate tracts of land that can be used for new construction. The office park complies with C-3 zoning allowing for increased density and flexibility of use.
The office park location is central to all business activity in Benton County and contains over a dozen additional buildings that rent to Wal-Mart and Sam's Club vendors further reinforcing the desirability for suppliers to maintain a presence there. Tenants enjoy a tennis court / basketball court, putting green, horseshoes, walking track, a large gazebo/patio, and BBQ and picnic facilities. The business park is fully networked with seamless technological connectivity for ease of operation for its tenants through its own on-site connection facility.
The office park is in close proximity to many established restaurants, retail stores, schools, and professional services and is located just a few miles from Highway 540, and only a 20 minute drive to XNA Regional Airport.
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