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1479 Executive Pl 6,343 SF 100% Leased Office Building Springdale, AR 72762 $1,300,000 ($204.95/SF) 6.20% Cap Rate

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Investment Highlights

  • 3-unit office building. All units occupied.
  • Positioned just off Sunset Avenue, next to the post office.
  • Conveniently located between I-49 and Hwy 71B.
  • Prime office building located in the heart of Springdale.
  • Strong visibility and accessibility in a high-demand commercial area.

Executive Summary

Prime office building now available in the heart of Springdale. It's estimated value of $1,492,000 is based on Springdale County Assessor. Appraised for $1,056,000 in 2022, an appraisal that is available upon request. The building has 3 units which are all tenant occupied. Suite A has 8 offices/conference room, a waiting room, a data room, a break room, and a common area. It shares a restroom with Suite B, which has a welcome area, 6 offices/conference rooms, and a break room. Suite C has 4 offices/conference rooms, a storage room, and its own restroom. Located just off Sunset Avenue next to the post office, midway between I-49 and Hwy 71B.

Property Facts Under Contract

Sale Type
Investment
Sale Conditions
1031 Exchange
Property Type
Office
Property Subtype
Medical
Building Size
6,343 SF
Building Class
B
Year Built
2009
Price
$1,300,000
Price Per SF
$204.95
Cap Rate
6.20%
NOI
$80,600
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
6,343 SF
Building FAR
0.21
Lot Size
0.69 AC
Zoning
C2
Parking
18 Spaces (2.8 Spaces per 1,000 SF Leased)

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Accounting Solutions Of Northwest Arkansas
  • Professional, Scientific, and Technical Services
  • -
  • -
  • -
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  • BR Management Services
  • -
  • -
  • -
  • -
  • -
  • Finance and Insurance
  • -
  • -
  • -
  • -

Brown & Brown Insurance is a publicly traded insurance brokerage firm founded in 1939 and headquartered in Daytona Beach, Florida. The Syracuse office operates under Brown & Brown of New York, providing property and casualty insurance, employee benefits, and risk management services to businesses and individuals. Brown & Brown ranks among the largest independent insurance intermediaries in the United States and trades on the New York Stock Exchange under the ticker symbol BRO. The company has grown through a decentralized model and strategic acquisitions, maintaining over 300 offices nationwide. Its Syracuse location serves clients across Upstate New York with commercial and personal insurance solutions.

  • Kenneth N. Hall
  • -
  • -
  • -
  • -
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  • Liberty Contractors
  • Construction
  • -
  • $20.75
  • Modified Gross
  • Jun 2025
Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Accounting Solutions Of Northwest Arkansas Professional, Scientific, and Technical Services - - - -
BR Management Services - - - - -
Finance and Insurance - - - -
Kenneth N. Hall - - - - -
Liberty Contractors Construction - $20.75 Modified Gross Jun 2025

Property Taxes

Property Taxes

Parcel Number
001-14482-000
Land Assessment
$8,250
Improvements Assessment
$11,860
Total Assessment
$20,110
  • Listing ID: 35492877

  • Date on Market: 4/15/2025

  • Last Updated:

  • Address: 1479 Executive Pl, Springdale, AR 72762

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