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211 Simon Sager Ave 4,500 SF Retail Building Siloam Springs, AR 72761 $2,760,000 ($613.33/SF) 6% Cap Rate
INVESTMENT HIGHLIGHTS
- 10 years remaining on a corporate net lease with four, 5-year options
- Investment grade rated tenant (S&P: BBB+)
- Adjacent to Lowe’s and Walmart Supercenter
- 2025 build-to-suit construction
- Located in booming Northwest Arkansas with 36 people per day moving to the area
- Nearby new residential developments built by DR Horton, Lennar, and Schuber Mitchell
EXECUTIVE SUMMARY
Cushman & Wakefield | Sage Partners is pleased to exclusively market for sale a single-tenant net-leased Sherwin Williams property located in Siloam Springs, Arkansas. Complete in early 2025, the property is secured by a new 10-year lease commencing in March 2025, featuring 10% rental escalations every five years.
The 4,500-square foot building is strategically located on Simon Sager Road adjacent to brand new retail developments including Olive Garden, Chili’s, and McDonald’s. The property is also situated along the major retail corridor in Siloam Springs, U.S. Highway 412 (30,000 vehicles per day), next to major retailers including Lowe’s, a Walmart Supercenter, and Starbucks among many others.
The 4,500-square foot building is strategically located on Simon Sager Road adjacent to brand new retail developments including Olive Garden, Chili’s, and McDonald’s. The property is also situated along the major retail corridor in Siloam Springs, U.S. Highway 412 (30,000 vehicles per day), next to major retailers including Lowe’s, a Walmart Supercenter, and Starbucks among many others.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,500 SF
Year Built
2025
Price
$2,760,000
Price Per SF
$613.33
Cap Rate
6%
NOI
$165,600
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
1.00 AC
Opportunity Zone
Yes
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- The Sherwin-Williams Company
- Retailer
- 4,500 SF
- -
- Double Net
- Mar 2035
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| The Sherwin-Williams Company | Retailer | 4,500 SF | - | Double Net | Mar 2035 |
TRAFFIC
| COLLECTION STREET | CROSS STREET | TRAFFIC VOLUME | YEAR | Distance |
|---|---|---|---|---|
| Hwy 412 E | Timothy, E | 22,000 | 2017 | 0.11 mi |
| Hwy 412 E | Progress Ave, W | 25,551 | 2021 | 0.16 mi |
| 412 | Progress Ave, W | 28,000 | 2020 | 0.17 mi |
| Hwy 412 E | Progress Ave, E | 27,185 | 2021 | 0.53 mi |
| State Hwy 59 | Hwy 412 E, S | 11,000 | 2017 | 0.54 mi |
| Progress Ave | Sunset Ave, N | 4,299 | 2021 | 0.57 mi |
| 412 | Progress Ave, E | 29,000 | 2020 | 0.57 mi |
| 59 | Smith Field Dr, N | 15,000 | 2020 | 0.61 mi |
| State Hwy 59 | Smith Field Dr, N | 14,139 | 2021 | 0.61 mi |
| 16 | Sunset Ave, N | 4,200 | 2020 | 0.61 mi |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 03-05958-001 | Improvements Assessment | $0 |
| Land Assessment | $75,888 | Total Assessment | $75,888 |
PROPERTY TAXES
Parcel Number
03-05958-001
Land Assessment
$75,888
Improvements Assessment
$0
Total Assessment
$75,888
MAP
ADDITIONAL PHOTOS
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