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16727 E Highway 62 5,000 SF 100% Leased Retail Building Garfield, AR 72732 $946,580 ($189.32/SF) 7.75% Cap Rate
Investment Highlights
- Fully occupied 5,000 ±SF Retail Building in Garfield, AR
- Cap Rate: 7.75%
- NOI of $73,360 beginning January 1, 2026
- Asking Price: $946,580 ($189.31/SF)
- NNN Lease Structure
- Leases feature Two, 2-year renewals at then FMV
Executive Summary
NNN Investment opportunity in Garfield, AR
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
5,000 SF
Building Class
C
Year Built
2017
Price
$946,580
Price Per SF
$189.32
Cap Rate
7.75%
NOI
$73,360
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.05
Lot Size
2.50 AC
Zoning
Commercial - Commercial
Parking
30 Spaces (6 Spaces per 1,000 SF Leased)
Frontage
210’ on Highway 62
Amenities
- 24 Hour Access
- Pylon Sign
- Security System
- Storage Space
- Air Conditioning
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Building Bros
- Construction
- 1,000 SF
- -
- -
- Pawsh Pet Care
- Services
- 4,000 SF
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Building Bros | Construction | 1,000 SF | - | - | ||
| Pawsh Pet Care | Services | 4,000 SF | - | - |
Property Taxes
| Parcel Number | 09-00170-003 | Improvements Assessment | $63,109 |
| Land Assessment | $10,800 | Total Assessment | $73,909 |
Property Taxes
Parcel Number
09-00170-003
Land Assessment
$10,800
Improvements Assessment
$63,109
Total Assessment
$73,909
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16727 E Highway 62
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