901 28Th StBentonville, AR 72712

Property Details for 901 28Th St

Year built

2001

Lot size

2.41 AC

Property size (Sq ft)

21,962 SF

Property type

Office properties

Property subtype

Office buildings

APN

01-08257-007

APU

108257007

Description

Oak Trace Business Park, located at 901 SE 28th St, Bentonville, AR 72712, offers a diverse range of office spaces for lease. This Class B property, built in 2006, comprises 100,183 square feet across 17 single-story buildings situated on 11 acres. The park features 58 suites in total, with currently available spaces ranging from 520 to 1,200 square feet. Each suite includes at least one private bathroom. The property boasts ample on-site parking and excellent signage opportunities on marquees, buildings, and suite doors. Tenants benefit from a turnkey setup, with all utilities activated upon move-in, paid directly by the landlord. A monthly utility fee of $80 per 1,000 square feet applies. Oak Trace Business Park enjoys a prime Bentonville location, just five minutes from downtown Bentonville and the new Walmart Home Office, and 15 minutes from XNA Airport. The property is well-maintained and offers affordable, flexible leasing options to accommodate various business needs. The property is categorized as Traditional Office, Medical Office, and Executive Office space. Benton County location.

• CAP approach

  CAP return

  Valuation

  6%

  $1,914,468

  6.5%

  $1,767,201

  7%

  $1,640,972

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,570,942

  Geo Method

  $1,570,942

• Alternative Use

  Use

  Valuation

  Residential

  $2,191,330

  Hospitality

  $2,007,246

  Educational

  $1,670,005

  Medical

  $1,727,439

  Retail

  $2,597,786

Location Insight

City

Bentonville

County

Benton

State

Arkansas

Latitude

36.3431

Longitude

-94.2014

CBSA code

22220

CBSA name

FAYETTEVILLE-SPRINGDALE-ROGERS, AR-MO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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