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Parkwood Suite One 101 Parkwood St

4,420 SF 13% Leased Office Building Lowell, AR 72745 £781,110 (£177/SF)

Investment Highlights

  • Fully-leased office property.

Executive Summary

This office building with 6 separate units, all of which are leased out, is a great option for investors looking to expand their portfolio! Located near I-49 and the business districts of Springdale and Lowell this location is hard to beat with an average traffic count on the corner of 25,000! Photos are of the common areas and bathrooms for the units. Offices in building 101 range from 168-1300 SQ/FT, Multiple AC units one of which was replaced in 2022! Income from this buildering per month: $5,695 = $68,340 per year! Looking for more opportunity? This property is also listed with it's sister property 113 Parkwood: MLS #1223678 (Irrigation paid for on this property is for both buildings, signage and trash for both buildings is currently combined.)

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Building Size
4,420 SF
Building Class
B
Year Built
2002
Price
£781,110
Price Per SF
£177
Percent Leased
13%
Tenancy
Multiple
Number of Floors
1
Typical Floor Size
4,420 SF
Building FAR
0.21
Land Acres
0.48 AC
Parking
12 Spaces (2.71 Spaces per 1,000 SF Leased)

Amenities

  • Signage
  • Central Heating
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
12-01276-000
Land Assessment
£14,770
Improvements Assessment
£42,314
Total Assessment
£57,084
  • Listing ID: 28148317

  • Date on Market: 05/04/2023

  • Last Updated:

  • Address: 101 Parkwood St, Lowell, AR 72745

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