901 SE 28th Street $12,300,000

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    901 SE 28th Street Bentonville, AR 72712

    Closed
    SOLD 5/7/2024

    $12,300,000

    • 100,183 sq. ft.
    • 11.00 Acres
    • Commercial
    • MLS# 1268825
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    Property Details

    Executive Medical/General Office Park that is 95.4% Leased, listed for a true 6.8% Cap Rate, and Priced WELL-BELOW Replacement cost at $134.75 PSF! Located in the heart of Booming Bentonville, one of the fastest-growing market centers in the country! Additionally, this investment offers a solid mix of tenants: Roughly 33% Medical, 44% General Business, 17% Walmart Vendor/Suppliers, and 6% Child Services such as daycare and tutoring centers. Nestled between two of the busiest streets in town, S. Walton Blvd. & SE J St.; This offering includes 100,183sqft comprising of 17 buildings with 58 units. 11 of the buildings have brand new roofs, the other 6 will be brand new by closing for the new buyer to enjoy. The property is on a sprawling 11-acres, estimated to be worth $5,000,000 in itself. Boasting Major Road Frontage on SE 28th St. which sees over 13,000 VPD! Conveniently close to everything: Downtown Bentonville, Crystal Bridges Museum, & Walmart???s new 350-acre World HQ, all within 2.5 miles & easy access to I-49.

    • General Features
      • YearBuilt 2006
      • Community Features Trails/Paths
    • Building Features
      • Basement None
      • Heating Central
      • Foundation Details Slab
      • Exterior Features Storage
      • Cooling Y/N true
      • Cooling Central Air
      • Heating Y/N true
      • Roof Architectural, Shingle
    • Property Features
      • Lot Size Acres 11.0
      • Parking Features Parking Lot
      • Lot Size Dimensions Irregular
      • Sewer Public Sewer
      • Utilities Cable Available, Electricity Available, Natural Gas Available, High Speed Internet Available, Phone Available, Sewer Available, Water Available

    Neighborhood

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    Market Last 30 Days In This Postal Code

    Market information available exclusively for My Property Finder members

    Property History

    Date Event Price Percent Change
    -- New in Database Source: Multiple Listing Service New Value: $0 -100%
    5/7/2024 2:00:00 AM Sold Source: Multiple Listing Service New Value: $12,300,000
    3/28/2024 4:30:48 PM Status Changed Source: Multiple Listing Service New Value: Pending
    Data based on information obtained from Northwest Arkansas Board of REALTORS® MLS for the period 2024 through 5/22/2024 6:59:10 AM PST.

    IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by Northwest Arkansas Board of REALTORS® MLS.



    Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.