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Plaza Theater Building 128 W Central Ave 7,882 SF 100% Leased Retail Building Bentonville, AR 72712 $3,990,000 ($506.22/SF)



Investment Highlights
- Dynamic and highly sought-after area in Downtown Bentonville
- Corporate home of Wal-Mart. New headquarters under construction on 350 acres only 1.3 miles away.
Executive Summary
Investment opportunity! Don’t miss this once in a lifetime opportunity to own the iconic Plaza Theatre Building located one block from the thriving Downtown Bentonville Square & the Razorback Greenway Trail. The Arts & Market Districts…Crystal Bridges, Amazeum, The Momentary, 8th Street Market, new Walmart Corporate Headquarters…are just a short walk or bike ride away. The building is currently a LIVE MUSIC AND SPECIAL EVENTS VENUE with some retail. Development potential exists for restaurant, retail, or office space. Easy access to on-street parking & public parking garages in close proximity. Building is 7,882 square feet (main floor = 4902sf & mezzanine/second floor/third floors combined = 2980sf) North side of building has alley access for loading, etc. The ceiling height is approx. 20'. There are 3 HVAC units serving the space and a partial basement area
Current tenant, Meteor Guitar Gallery, has a month-to-month lease in place, and the business is not for sale.
Current tenant, Meteor Guitar Gallery, has a month-to-month lease in place, and the business is not for sale.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
7,882 SF
Building Class
B
Year Built
1927
Price
$3,990,000
Price Per SF
$506.22
Percent Leased
100%
Building Height
2 Stories
Building FAR
1.51
Lot Size
0.12 AC
Zoning
DC - Downtown Core - The Downtown Core comprises that area of the Bentonville Square and extends those urban characteristics along the primary downtown area
Walk Score®
Very Walkable (84)
Bike Score®
Very Bikeable (83)
Nearby Major Retailers
Property Taxes
| Parcel Number | 01-01066-000 | Improvements Assessment | $79,454 |
| Land Assessment | $104,435 | Total Assessment | $183,889 |
Property Taxes
Parcel Number
01-01066-000
Land Assessment
$104,435
Improvements Assessment
$79,454
Total Assessment
$183,889
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Plaza Theater Building | 128 W Central Ave
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