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403 Highway 412 W 1,905 SF Retail Building Siloam Springs, AR 72761 $749,999 ($393.70/SF)
INVESTMENT HIGHLIGHTS
- +/- 1,905 SF Restaurant Building
- High visibility and easy access from US-412 Hwy
- All equipment (except for POS machine) is included
- Long-term tenant in place
- 0.5 miles from Harp's and approx. 2.3 miles from Walmart
EXECUTIVE SUMMARY
Prime investment opportunity along US-412 Highway in Siloam Springs! This Turn-key restaurant space with a long-term tenant in place features +/- 1,900 SF on a +/- 0.40 acre lot. Equipped with a 12' vent hood, a 6' x 12' walk-in cooler, and all necessary furniture and equipment (excluding the POS machine), booth and table seating, 2 restrooms, and several storage closets. The tenant operates under a modified gross lease structure, providing stable income for the new owner. Located on the high-traffic US-412, which sees approx. 29,000 VPD, this property offers excellent visibility and accessibility. It sits directly across from Schlotzsky's, approx. 2.3 miles from Walmart Supercenter, and only 0.5 miles from Harp's Food Stores. This well-positioned, fully equipped restaurant space is ideal for investors looking to capitalize on a thriving location in a growing area.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
1,905 SF
Building Class
C
Year Built
2008
Price
$749,999
Price Per SF
$393.70
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.40 AC
Zoning
Commercial
Parking
12 Spaces (6.3 Spaces per 1,000 SF Leased)
Frontage
95’ on Us-412 Hwy
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 03-00257-000 | Improvements Assessment | $41,791 |
| Land Assessment | $30,355 | Total Assessment | $72,146 |
PROPERTY TAXES
Parcel Number
03-00257-000
Land Assessment
$30,355
Improvements Assessment
$41,791
Total Assessment
$72,146
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403 Highway 412 W
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