200 SW Regional Airport Blvd - Freestanding FOR SALE


Bentonville, AR 72712
$2,850,000 USD
479-326-7635
200 SW Regional Airport Blvd, Bentonville, AR for Sale
$2,850,000 USD
Freestanding - FOR SALE
1/29
null | Request Cap Rate

200 SW Regional Airport Blvd
Bentonville, AR 72712


HIGHLIGHTS

  • 200 SW Regional Airport Boulevard is an approximately 1.19-acre redevelopment site with flexible C-2 General Commercial zoning.
  • Proximate to major hotspots, 3 min to Bentonville Airport, 6 min to Downtown Bentonville, 10 min to Walmart’s new HQ, and 12 min to Downtown Rogers.
  • New roadway project set to make this the northwest corner of the Walton/Regional Airport intersection, granting exposure to two major thoroughfares.
  • Two new apartment complexes, City of Bentonville Municipal Building, Northwest Medical Center, over a dozen restaurants, and more within a mile.
  • Tap into a booming area as the population within a 3-mile radius is projected to grow by 18.5% from 2020 to 2024 after increasing by 14.4% from 2020.
  • Streamlined process as the existing building is occupied by the seller and provides all utilities to the site for future projects.

OVERVIEW

200 SW Regional Airport Boulevard offers a valuable redevelopment opportunity in the midst of Bentonville’s meteoric rise to national prominence with an address connected to major market drivers. Spanning over 1 acre at an established high-traffic corner, the site is primed to garner tremendous exposure from this flourishing area. The site currently has a 3,174-square-foot freestanding retail building that is occupied by the owner, who is now utilizing this as a car lot, providing a seamless transfer process. Given the generous C-2 General Commercial zoning, 200 SW Regional Airport Boulevard is best positioned for a full redevelopment with allowances for uses like general retail, gas stations, restaurants, offices, multifamily communities, medical services, bars, and much more. Improvements to the intersection are underway and will make this a corner destination at the intersection of Walton and Regional Airport Boulevards. This update to the roadway will drastically increase the value of this site as Walton Boulevard is a primary thoroughfare leading to the center of Bentonville. The site already sees 32,000 vehicles per day along Regional Airport Boulevard and the new intersection will virtually double that figure. Bentonville is now cemented as a regional powerhouse with the new Walmart Home Office HQ delivering only 10 minutes north of the site. South Bentonville has seen immense development as a result of this market-making hub. New projects like the 49 West and Tara Ridge apartment complexes have already popped up around 200 SW Regional Airport Boulevard, underpinning the exciting growth here. New residents coming into Bentonville are typically highly affluent, invigorating the established economy and raising demand throughout the metro. In fact, the average annual household income within a 3-mile radius is over $115,000. Take advantage of these swelling market factors by creating a novel destination to serve the abounding population base at 200 SW Regional Airport Boulevard today.

FOR SALE DETAILS

PRICE

$2,850,000 USD

PRICE/SF

$898 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Redevelopment Opportunity

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1996

SPRINKLERS

-

PARKING SPACES

32

LAND DETAILS

LAND ACRES

1.29 AC

LAND SF

56,192 SF

ZONING

C-2

APN/PARCEL ID

01-05014-000

ASK ABOUT THIS PROPERTY

Natasha YarbroughColdwell BankerMore Info
479-326-7635

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Natasha YarbroughColdwell BankerMore Info
479-326-7635

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.