For Sale
$3,500,000

12002 Ar-72Bentonville, AR 72712

High-growth market, new construction.

Overview

Added:
Dec 11, 2024
Days on market:
119
This exceptional self-storage facility presents a compelling investment opportunity in the thriving Bentonville, Arkansas market. Boasting 37,625 net rentable square feet, this brand-new facility, completed in late 2023, comprises 247 units, currently operating at 54% unit occupancy and 40% economic occupancy. The property sits on a 3.23-acre lot at 12002 AR-72, Bentonville, AR 72712. The asking price is $3,500,000, translating to approximately $14,170 per unit. Benefiting from strong lease-up trajectory and significant population growth in Benton County (over 36% in the last decade), this asset is poised for continued success. Bentonville's robust economy, fueled by the presence of Walmart's headquarters and a median household income exceeding $140,000 within a 3-mile radius, further enhances its appeal. Projected population growth exceeding 8% in the next two years underscores the long-term potential of this investment. This is a rare opportunity to acquire a modern, high-performing self-storage facility in one of the fastest-growing areas of Arkansas. The property's prime location and strong market fundamentals make it an attractive addition to any portfolio.

Highlights

  • $3,700,000 Purchase Price
  • 37,625 Net Rentable Square Feet (NRSF)
  • Brand new construction completed late 2023
  • Benton County population growth exceeding 36% in the last decade
  • Over $140,000 median household income within a 3-mile radius
  • 54% unit occupancy since late 2023

Property Details for 12002 Ar-72

Property type
Self storage facilities
Year Built
2023
Lot Size (sq. ft)
140,699 SF
Units
247

Location Insight

City
Bentonville
County
Benton
State
Arkansas
Latitude
36.4058894
Longitude
-94.2955064
12002 Ar-72, Bentonville, Arkansas

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12002 Ar-72
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