For Sale
$3,556,000

100 Peach St El Dorado, AR 71730

High-yield office building, strong tenant base.

Overview

Added:
Dec 11, 2024
Days on market:
133
This fee-simple, three-story, Class B office building, totaling 43,954 square feet (39,990 net rentable), is located at 100 E. Peach St, El Dorado, AR 71730. Built in 1995 and renovated in 2010, the property sits on a 1.9-acre lot in the central business district, just two blocks from the Union County courthouse and Main Street El Dorado. Currently boasting 84% occupancy, the building offers a stabilized investment opportunity with a 10.00% cap rate and a $3,556,000 asking price ($80.90/sq ft). The property features a diverse tenant mix, including a significant anchor tenant: Regions Bank, occupying 24% of the rentable space since 2005, with a lease reflecting 2.0% annual increases and $50,700,000 in 2024 branch deposits (26th percentile nationally for Regions). Delek Logistics Operating, LLC (NYSE: DKL) & Lion Oil Co. occupy another 22%, also with annual rent increases

Highlights

  • 95% occupancy with recent leasing activity.
  • Regions Bank occupies 24% of the rentable space.
  • Delek Logistics, LLC & Lion Oil Co. occupy 29.4% of the rentable space.
  • Three GSA leases comprise 14.6% of the rentable space.
  • 75.6% of the GLA has annual rent increases.
  • Significant upside potential in leasing vacancy.

Property Details for 100 Peach St

Property type
Office properties
Square Feet
43,954 SF
Class
B
Year Built/Renovated
1995/2010
Buildings
1
Stories
3
Lot Size (sq. ft)
82,764 SF

Location Insight

City
El Dorado
County
Union
State
Arkansas
Latitude
33.21405255
Longitude
-92.66378529

FAQs

What type of property is this?
Office property - High-yield office building, strong tenant base.
Where is the office property located?
The property is located at 100 Peach St El Dorado, AR.
What is the asking price?
The asking price for this property is $3,556,000.
What are key features of this property?
This property features: 95% occupancy with recent leasing activity.; Regions Bank occupies 24% of the rentable space.; Delek Logistics, LLC & Lion Oil Co. occupy 29.4% of the rentable space.
How can I contact the broker?
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100 Peach St
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