|
|
307 N 48th St 1,500 SF of Office/Retail Space Available in Springdale, AR 72762
HIGHLIGHTS
- New construction just South of the Mercy Hospital Campus in Springdale
- Prime Location with Easy access to I-49 and Hwy 412
- Located 2 minutes from one of the busiest Walmart Supercenters
- Close proximity to the new Interstate overpass to Emma Ave
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,500 SF | Negotiable | $20.00 /SF/YR $1.67 /SF/MO $215.28 /m²/YR $17.94 /m²/MO $2,500 /MO $30,000 /YR | Triple Net (NNN) |
1st Floor
Great for office, destination retail, and flex uses. Features two 8X8 Overhead doors. Restrooms and electrical already in place.
- Lease rate does not include utilities, property expenses or building services
- Open Floor Plan Layout
- Space is in Excellent Condition
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 1,500 SF | Gross Leasable Area | 3,000 SF |
| Property Type | Retail | Year Built | 2024 |
| Property Subtype | Storefront Retail/Office |
| Total Space Available | 1,500 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 3,000 SF |
| Year Built | 2024 |
ABOUT THE PROPERTY
• New construction just South of the Mercy Hospital Campus in Springdale • Located 2 minutes from one of the busiest Walmart Supercenters • Great for office, destination retail, and flex uses • Prime Location with Easy access to I-49 and Hwy 412 • Close proximity to the new Interstate overpass to Emma Ave • Features 8X8 Overhead door • Restrooms and electrical already in place
TRAFFIC
| COLLECTION STREET | CROSS STREET | TRAFFIC VOLUME | YEAR | Distance |
|---|---|---|---|---|
| I- 540 | Elm Springs Rd, N | 67,828 | 2021 | 0.24 mi |
| Oak Grove Road | Country Ln, S | 6,674 | 2022 | 0.31 mi |
| Not Available | - | 5,600 | 2017 | 0.31 mi |
| Oak Grove Rd | Country Ln, S | 6,722 | 2021 | 0.32 mi |
| S 48th St | Mhoon Ln, S | 4,427 | 2021 | 0.32 mi |
| N48THST | Mhoon Ln, S | 4,500 | 2020 | 0.35 mi |
| Oak Grove Rd | Elm Springs Rd, N | 5,200 | 2017 | 0.38 mi |
| 49 | Elm Springs Rd, NE | 6,200 | 2020 | 0.40 mi |
| Elm Springs Rd | N 48th St, W | 9,564 | 2022 | 0.40 mi |
| Elm Springs Road | N 52nd St, W | 11,302 | 2022 | 0.41 mi |
NEARBY MAJOR RETAILERS
MAP
ADDITIONAL PHOTOS
image002
307 N 48th St -3
307 N 48th St -4
307 N 48th St -5
307 N 48th St -6
307 N 48th St -7