For Sale
$380,000

711 Mount Olive StSiloam Springs, AR 72761

Fully Leased, High-Traffic Location

Overview

Added:
Dec 11, 2024
Days on market:
118
This exceptional investment opportunity presents a fully leased, 1,625-square-foot Class B office building situated at 711 S Mt. Olive St in Siloam Springs, Arkansas. The property, encompassing a 0.17-acre lot, features two suites currently occupied by long-term tenants under a modified gross lease. The building boasts expansive windows providing ample natural light, welcoming reception areas, generously sized offices, and three restrooms, one equipped with a shower. With six parking spaces available, this single-story building offers convenient access for tenants and visitors. Located on Mt. Olive Street, experiencing approximately 5,600 vehicles per day, and just half a mile from Highway 412, this property benefits from excellent visibility and convenient access to the broader Northwest Arkansas region. The asking price is $380,000, translating to $233.85 per square foot. The property's zoning is commercial, and its APN is 03-02215-002. This presents a strong value-add opportunity with potential for increased return through lease restructuring to a net-net-net (NNN) arrangement. The property's strong tenancy and prime location make it an attractive investment for discerning buyers seeking a stable, income-generating asset in a thriving market.

Highlights

  • 1,625 SF fully leased office building.
  • Long-term tenants on modified gross leases.
  • High traffic count: 5,600 vehicles per day on Mt. Olive St.
  • Convenient location: 0.5 miles from Hwy 412.

Property Details for 711 Mount Olive St

Property type
Office properties
Square Feet
1,625 SF
Class
B
Buildings
1
Stories
1
Lot Size (sq. ft)
7,405 SF
Units
2

Location Insight

City
Siloam Springs
County
Benton
State
Arkansas
Latitude
36.1786929
Longitude
-94.5411668
711 Mount Olive St, Siloam Springs, Arkansas

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711 Mount Olive St
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