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174 W Stave Mill Road

Rogers, AR 72756
  • $12,500,000
  • STATUS: Active
  • ON SITE: 65 Days
  • MLS #: 1212832
UPDATED: 61 min ago
$12,500,000
  • 0
    BEDS
  • 7.13
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 106,300
    SQFT
  • $118
    $/SQFT
Type:
Commercial
Built:
2021
County:
Area:

School Ratings & Info

Description

Rare opportunity to acquire a class A New construction self-storage asset in Booming Rogers of Northwest Arkansas. The facility has only been open for 10 months and has already reached an occupancy rate of nearly 80%. Astounding considering the property is a sprawling 106,300 total square feet. 83,200 square feet of self-storage and +/-20,000 sq ft in a warehouse/office flex building with an overhead door which is situated on the front side of the parcel facing towards 2nd St (Or HWY 94). This property sits at a high traffic corner, so the owner has spent zero dollars on marketing to increase the occupancy at the self-storage site. The CAP Rate on the Year 4 of Full Ownership has a projected cap rate of 6.08%. NWA has a high-occupancy, low-vacancy self-storage market in general.

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© 2022 Northwest Arkansas Board of Realtors, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or NWA House Hunters | RE/MAX Real Estate Results. Data last updated: 2022-05-16T17:26:08.113.
www.nwahousehunters.com/homes/126605777
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174 W Stave Mill Road Rogers, AR 72756

  • Price: $12,500,000
  • Status: Active
  • On Site: 65 Days
  • Updated: 61 min ago
  • MLS #: 1212832
0
Beds
0
Baths
0
½ Baths
7.13
Acres
106,300
SQFT
$118
$/SQFT
2021
Built
County:
Benton
Area:
Benton
Property Description
Rare opportunity to acquire a class A New construction self-storage asset in Booming Rogers of Northwest Arkansas. The facility has only been open for 10 months and has already reached an occupancy rate of nearly 80%. Astounding considering the property is a sprawling 106,300 total square feet. 83,200 square feet of self-storage and +/-20,000 sq ft in a warehouse/office flex building with an overhead door which is situated on the front side of the parcel facing towards 2nd St (Or HWY 94). This property sits at a high traffic corner, so the owner has spent zero dollars on marketing to increase the occupancy at the self-storage site. The CAP Rate on the Year 4 of Full Ownership has a projected cap rate of 6.08%. NWA has a high-occupancy, low-vacancy self-storage market in general.
Exterior Features

Exterior Features Storage Fencing Fenced Frontage Length Yes Lot Features Central Business DistrictCorner LotCity LotOtherSee Remarks Parking Features CoveredOtherParking LotRv Access/ParkingSee Remarks Parking Total 17 Road Frontage Type Main Thoroughfare

Interior Features

Appliances Gas Water Heater Basement None Basement YN No Cooling Electric Cooling YN Yes Flooring ConcreteLaminateSimulated WoodVinyl Foundation Details Slab Heating Gas Heating YN Yes

Property Features

Building Features Overhead DoorsOtherSee Remarks Business Type Storage Current Use Mini-Storage Listing Terms ArmConventionalOtherSee Remarks Possible Use Mini-StorageOfficeOtherWarehouse Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 6022 Utilities Electricity AvailableFiber Optic AvailableNatural Gas AvailablePhone AvailableSewer AvailableWater Available Water Source Public Year Built Details New Construction Zoning Description Industrial

Listing provided by Keller Williams Market Pro Realty Branch Office: 479-657-6797.


© 2022 Northwest Arkansas Board of Realtors, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or NWA House Hunters | RE/MAX Real Estate Results. Data last updated: 2022-05-16T17:26:08.113.
 
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3103 SE Moberly Lane
Bentonville AR, 72712