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3600 Wheeler Ave 59,358 SF Vacant Office Building Fort Smith, AR 72901 $9,500,000 ($160.05/SF)
Investment Highlights
- Open floor plan with beautiful walk-in foyer.
- Large private offices & conference rooms
Executive Summary
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$936,000
|
$15.77
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$936,000
|
$15.77
|
| Taxes |
$73,851
|
$1.24
|
| Operating Expenses |
$156,233
|
$2.63
|
| Total Expenses |
$230,084
|
$3.88
|
| Net Operating Income |
$705,916
|
$11.89
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $936,000 |
| Annual Per SF | $15.77 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $936,000 |
| Annual Per SF | $15.77 |
| Taxes | |
|---|---|
| Annual | $73,851 |
| Annual Per SF | $1.24 |
| Operating Expenses | |
|---|---|
| Annual | $156,233 |
| Annual Per SF | $2.63 |
| Total Expenses | |
|---|---|
| Annual | $230,084 |
| Annual Per SF | $3.88 |
| Net Operating Income | |
|---|---|
| Annual | $705,916 |
| Annual Per SF | $11.89 |
Property Facts
Amenities
- 24 Hour Access
- Signage
- Reception
- Monument Signage
- Air Conditioning
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Area Agency on Aging
- Health Care and Social Assistance
- 5,308 SF
- -
- -
Norris Group has become one of the fastest growing real estate development companies in Arkansas. Norris Group focuses on multi-family development with both mixed-use urban infill and suburban townhome products. Norris Group is privately held, fully integrated, real estate investment and development firm that has provided the highest level of quality, service and value to our clients and investors. From site selection to principal construction and everything in between, Norris Group commands an unprecedented attention to detail that informs every aspect of the properties we deliver and communities we establish. Our comprehensive in-house capabilities offer a unique level of control, efficiency, and transparency for our capital partners.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Area Agency on Aging | Health Care and Social Assistance | 5,308 SF | - | - | ||
| Norris Group | Real Estate | - | - | - |
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
- 1st Fl-Ste 1-A
- 2,144 SF
- Office
- -
- Now
- 1st Fl-Ste 3-A
- 1,787 SF
- Office
- -
- Now
- 1st Fl-Ste 3-A&B
- 5,713 SF
- Office
- -
- Now
- 1st Fl-Ste 3-B
- 3,926 SF
- Office
- -
- Now
An Exceptional opportunity awaits at 3600 Wheeler Avenue! Own this one-of-a- kind commercial building that has served as home for the Southwest Times Record. Currently operating as multi-tenant facility, this impressive 59,358 sq.ft. heated building sits on approximately 6.53 acres in the heart of Fort Smith and offers endless possibilities for future use. This immaculate maintained property is ideally located on Hwy 255 with exceptional functionality, accessibility, and flexibility for a wide range of executive, medical, administrative, or institutional uses. The property features 65+ private offices, multiple large conference rooms suited for meetings, training, or presentations, a welcoming foyer, elevator, multiple staircases, and over 225 dedicated parking spaces. Additional amenities include a kitchen/break rooms, copy rooms, filing rooms, dedicated server/data room with separate HVAC, updated systems, and a TPO roof. With its strategic location, ample workspace, and strong operational features, this property is well suited for an owner-user, professional group, medical practice, corporate office, or investor seeking a substantial office asset close to downtown. Showings by appointment and during business hours only. Listing Agent to attend all showings.
An Exceptional opportunity awaits at 3600 Wheeler Avenue! Own this one-of-a- kind commercial building that has served as home for the Southwest Times Record. Currently operating as multi-tenant facility, this impressive 59,358 sq.ft. heated building sits on approximately 6.53 acres in the heart of Fort Smith and offers endless possibilities for future use. This immaculate maintained property is ideally located on Hwy 255 with exceptional functionality, accessibility, and flexibility for a wide range of executive, medical, administrative, or institutional uses. The property features 65+ private offices, multiple large conference rooms suited for meetings, training, or presentations, a welcoming foyer, elevator, multiple staircases, and over 225 dedicated parking spaces. Additional amenities include a kitchen/break rooms, copy rooms, filing rooms, dedicated server/data room with separate HVAC, updated systems, and a TPO roof. With its strategic location, ample workspace, and strong operational features, this property is well suited for an owner-user, professional group, medical practice, corporate office, or investor seeking a substantial office asset close to downtown. Showings by appointment and during business hours only. Listing Agent to attend all showings.
An Exceptional opportunity awaits at 3600 Wheeler Avenue! Own this one-of-a- kind commercial building that has served as home for the Southwest Times Record. Currently operating as multi-tenant facility, this impressive 59,358 sq.ft. heated building sits on approximately 6.53 acres in the heart of Fort Smith and offers endless possibilities for future use. This immaculate maintained property is ideally located on Hwy 255 with exceptional functionality, accessibility, and flexibility for a wide range of executive, medical, administrative, or institutional uses. The property features 65+ private offices, multiple large conference rooms suited for meetings, training, or presentations, a welcoming foyer, elevator, multiple staircases, and over 225 dedicated parking spaces. Additional amenities include a kitchen/break rooms, copy rooms, filing rooms, dedicated server/data room with separate HVAC, updated systems, and a TPO roof. With its strategic location, ample workspace, and strong operational features, this property is well suited for an owner-user, professional group, medical practice, corporate office, or investor seeking a substantial office asset close to downtown. Showings by appointment and during business hours only. Listing Agent to attend all showings.
- 2nd Fl-Ste 5
- 4,718 SF
- Office
- -
- Now
- 2nd Fl-Ste 6
- 4,835 SF
- Office
- -
- Now
An Exceptional opportunity awaits at 3600 Wheeler Avenue! Own this one-of-a- kind commercial building that has served as home for the Southwest Times Record. Currently operating as multi-tenant facility, this impressive 59,358 sq.ft. heated building sits on approximately 6.53 acres in the heart of Fort Smith and offers endless possibilities for future use. This immaculate maintained property is ideally located on Hwy 255 with exceptional functionality, accessibility, and flexibility for a wide range of executive, medical, administrative, or institutional uses. The property features 65+ private offices, multiple large conference rooms suited for meetings, training, or presentations, a welcoming foyer, elevator, multiple staircases, and over 225 dedicated parking spaces. Additional amenities include a kitchen/break rooms, copy rooms, filing rooms, dedicated server/data room with separate HVAC, updated systems, and a TPO roof. With its strategic location, ample workspace, and strong operational features, this property is well suited for an owner-user, professional group, medical practice, corporate office, or investor seeking a substantial office asset close to downtown. Showings by appointment and during business hours only. Listing Agent to attend all showings.
- 2nd Fl-Ste 8
- 1,775 SF
- Office
- -
- Now
An Exceptional opportunity awaits at 3600 Wheeler Avenue! Own this one-of-a- kind commercial building that has served as home for the Southwest Times Record. Currently operating as multi-tenant facility, this impressive 59,358 sq.ft. heated building sits on approximately 6.53 acres in the heart of Fort Smith and offers endless possibilities for future use. This immaculate maintained property is ideally located on Hwy 255 with exceptional functionality, accessibility, and flexibility for a wide range of executive, medical, administrative, or institutional uses. The property features 65+ private offices, multiple large conference rooms suited for meetings, training, or presentations, a welcoming foyer, elevator, multiple staircases, and over 225 dedicated parking spaces. Additional amenities include a kitchen/break rooms, copy rooms, filing rooms, dedicated server/data room with separate HVAC, updated systems, and a TPO roof. With its strategic location, ample workspace, and strong operational features, this property is well suited for an owner-user, professional group, medical practice, corporate office, or investor seeking a substantial office asset close to downtown. Showings by appointment and during business hours only. Listing Agent to attend all showings.
| Space | Size | Space Use | Build-Out | Available |
| 1st Fl-Ste 1-A | 2,144 SF | Office | - | Now |
| 1st Fl-Ste 3-A | 1,787 SF | Office | - | Now |
| 1st Fl-Ste 3-A&B | 5,713 SF | Office | - | Now |
| 1st Fl-Ste 3-B | 3,926 SF | Office | - | Now |
| 2nd Fl-Ste 10 | 400 SF | Office | - | Now |
| 2nd Fl-Ste 11 | 1,565 SF | Office | - | Now |
| 2nd Fl-Ste 12 | 4,014 SF | Office | - | Now |
| 2nd Fl-Ste 5 | 4,718 SF | Office | - | Now |
| 2nd Fl-Ste 6 | 4,835 SF | Office | - | Now |
| 2nd Fl-Ste 7 | 3,405 SF | Office | - | Now |
| 2nd Fl-Ste 8 | 1,775 SF | Office | - | Now |
| 2nd Fl-Ste 9 | 6,886 SF | Office | - | Now |
1st Fl-Ste 1-A
| Size |
| 2,144 SF |
| Space Use |
| Office |
| Build-Out |
| - |
| Available |
| Now |
1st Fl-Ste 3-A
| Size |
| 1,787 SF |
| Space Use |
| Office |
| Build-Out |
| - |
| Available |
| Now |
1st Fl-Ste 3-A&B
| Size |
| 5,713 SF |
| Space Use |
| Office |
| Build-Out |
| - |
| Available |
| Now |
1st Fl-Ste 3-B
| Size |
| 3,926 SF |
| Space Use |
| Office |
| Build-Out |
| - |
| Available |
| Now |
2nd Fl-Ste 10
| Size |
| 400 SF |
| Space Use |
| Office |
| Build-Out |
| - |
| Available |
| Now |
2nd Fl-Ste 11
| Size |
| 1,565 SF |
| Space Use |
| Office |
| Build-Out |
| - |
| Available |
| Now |
2nd Fl-Ste 12
| Size |
| 4,014 SF |
| Space Use |
| Office |
| Build-Out |
| - |
| Available |
| Now |
2nd Fl-Ste 5
| Size |
| 4,718 SF |
| Space Use |
| Office |
| Build-Out |
| - |
| Available |
| Now |
2nd Fl-Ste 6
| Size |
| 4,835 SF |
| Space Use |
| Office |
| Build-Out |
| - |
| Available |
| Now |
2nd Fl-Ste 7
| Size |
| 3,405 SF |
| Space Use |
| Office |
| Build-Out |
| - |
| Available |
| Now |
2nd Fl-Ste 8
| Size |
| 1,775 SF |
| Space Use |
| Office |
| Build-Out |
| - |
| Available |
| Now |
2nd Fl-Ste 9
| Size |
| 6,886 SF |
| Space Use |
| Office |
| Build-Out |
| - |
| Available |
| Now |
2nd Fl-Ste 10
| Size | 400 SF |
| Space Use | Office |
| Build-Out | - |
| Available | Now |
An Exceptional opportunity awaits at 3600 Wheeler Avenue! Own this one-of-a- kind commercial building that has served as home for the Southwest Times Record. Currently operating as multi-tenant facility, this impressive 59,358 sq.ft. heated building sits on approximately 6.53 acres in the heart of Fort Smith and offers endless possibilities for future use. This immaculate maintained property is ideally located on Hwy 255 with exceptional functionality, accessibility, and flexibility for a wide range of executive, medical, administrative, or institutional uses. The property features 65+ private offices, multiple large conference rooms suited for meetings, training, or presentations, a welcoming foyer, elevator, multiple staircases, and over 225 dedicated parking spaces. Additional amenities include a kitchen/break rooms, copy rooms, filing rooms, dedicated server/data room with separate HVAC, updated systems, and a TPO roof. With its strategic location, ample workspace, and strong operational features, this property is well suited for an owner-user, professional group, medical practice, corporate office, or investor seeking a substantial office asset close to downtown. Showings by appointment and during business hours only. Listing Agent to attend all showings.
2nd Fl-Ste 11
| Size | 1,565 SF |
| Space Use | Office |
| Build-Out | - |
| Available | Now |
An Exceptional opportunity awaits at 3600 Wheeler Avenue! Own this one-of-a- kind commercial building that has served as home for the Southwest Times Record. Currently operating as multi-tenant facility, this impressive 59,358 sq.ft. heated building sits on approximately 6.53 acres in the heart of Fort Smith and offers endless possibilities for future use. This immaculate maintained property is ideally located on Hwy 255 with exceptional functionality, accessibility, and flexibility for a wide range of executive, medical, administrative, or institutional uses. The property features 65+ private offices, multiple large conference rooms suited for meetings, training, or presentations, a welcoming foyer, elevator, multiple staircases, and over 225 dedicated parking spaces. Additional amenities include a kitchen/break rooms, copy rooms, filing rooms, dedicated server/data room with separate HVAC, updated systems, and a TPO roof. With its strategic location, ample workspace, and strong operational features, this property is well suited for an owner-user, professional group, medical practice, corporate office, or investor seeking a substantial office asset close to downtown. Showings by appointment and during business hours only. Listing Agent to attend all showings.
2nd Fl-Ste 12
| Size | 4,014 SF |
| Space Use | Office |
| Build-Out | - |
| Available | Now |
An Exceptional opportunity awaits at 3600 Wheeler Avenue! Own this one-of-a- kind commercial building that has served as home for the Southwest Times Record. Currently operating as multi-tenant facility, this impressive 59,358 sq.ft. heated building sits on approximately 6.53 acres in the heart of Fort Smith and offers endless possibilities for future use. This immaculate maintained property is ideally located on Hwy 255 with exceptional functionality, accessibility, and flexibility for a wide range of executive, medical, administrative, or institutional uses. The property features 65+ private offices, multiple large conference rooms suited for meetings, training, or presentations, a welcoming foyer, elevator, multiple staircases, and over 225 dedicated parking spaces. Additional amenities include a kitchen/break rooms, copy rooms, filing rooms, dedicated server/data room with separate HVAC, updated systems, and a TPO roof. With its strategic location, ample workspace, and strong operational features, this property is well suited for an owner-user, professional group, medical practice, corporate office, or investor seeking a substantial office asset close to downtown. Showings by appointment and during business hours only. Listing Agent to attend all showings.
2nd Fl-Ste 7
| Size | 3,405 SF |
| Space Use | Office |
| Build-Out | - |
| Available | Now |
An Exceptional opportunity awaits at 3600 Wheeler Avenue! Own this one-of-a- kind commercial building that has served as home for the Southwest Times Record. Currently operating as multi-tenant facility, this impressive 59,358 sq.ft. heated building sits on approximately 6.53 acres in the heart of Fort Smith and offers endless possibilities for future use. This immaculate maintained property is ideally located on Hwy 255 with exceptional functionality, accessibility, and flexibility for a wide range of executive, medical, administrative, or institutional uses. The property features 65+ private offices, multiple large conference rooms suited for meetings, training, or presentations, a welcoming foyer, elevator, multiple staircases, and over 225 dedicated parking spaces. Additional amenities include a kitchen/break rooms, copy rooms, filing rooms, dedicated server/data room with separate HVAC, updated systems, and a TPO roof. With its strategic location, ample workspace, and strong operational features, this property is well suited for an owner-user, professional group, medical practice, corporate office, or investor seeking a substantial office asset close to downtown. Showings by appointment and during business hours only. Listing Agent to attend all showings.
2nd Fl-Ste 9
| Size | 6,886 SF |
| Space Use | Office |
| Build-Out | - |
| Available | Now |
An Exceptional opportunity awaits at 3600 Wheeler Avenue! Own this one-of-a- kind commercial building that has served as home for the Southwest Times Record. Currently operating as multi-tenant facility, this impressive 59,358 sq.ft. heated building sits on approximately 6.53 acres in the heart of Fort Smith and offers endless possibilities for future use. This immaculate maintained property is ideally located on Hwy 255 with exceptional functionality, accessibility, and flexibility for a wide range of executive, medical, administrative, or institutional uses. The property features 65+ private offices, multiple large conference rooms suited for meetings, training, or presentations, a welcoming foyer, elevator, multiple staircases, and over 225 dedicated parking spaces. Additional amenities include a kitchen/break rooms, copy rooms, filing rooms, dedicated server/data room with separate HVAC, updated systems, and a TPO roof. With its strategic location, ample workspace, and strong operational features, this property is well suited for an owner-user, professional group, medical practice, corporate office, or investor seeking a substantial office asset close to downtown. Showings by appointment and during business hours only. Listing Agent to attend all showings.
Property Taxes
| Parcel Number | 18587-0008-00000-00 | Total Assessment | $1,607,581 |
| Land Assessment | $39,466 | Annual Taxes | $73,851 ($1.24/SF) |
| Improvements Assessment | $1,568,115 | Tax Year | 2025 |
Property Taxes
