Anyone looking for a great piece of commercial real estate?
I have listed one of the best buys anywhere in commercial real estate.
The South Walton Plaza in Bentonville Arkansas, is one of the areas premier office parks for Wal-Mart and Sam's Club vendors. This Park features 6 leased buildings and a one acre park that is included FREE in the deal. Located about 1.5 miles from the Wal-Mart and Sam's Club home offices, this park is home to many Fortune 500 companies.
The park has over 100,000 square feet of class B office space and 8 corporate apartments. The occupancy of the development has always been very high and is currently at over 95%.
All or any one of the buildings may be purchased. If all six buildings were purchased, the buyer could get the park at a 9+ cap rate. If less than all of them are purchased, the buyer could get a price equal to a 9% cap rate.
In addition to the buildings, there are devloped lots in the park that have all utilities, curbing, and roads. The lots can be purchased seperately for a great price if someone wanted to expand the park. The lots are zoned C-2 and C-3.
The best part about this develpment is that it is managed by one on-site manager. It would be a virtually hassle free investment for someone. The only things the owners participate much in are the complex lease negotiations.
Call or email me today for a complete markieting packet.
Generous co-op broker fee will apply.
Tim Salmonsen 479-366-6737 tim@salmonsen.org
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