www.newmarkmtp.com 805 S Walton Blvd, Suite 690, Bentonville, AR 72712 | Main: 479.271.6118 Newmark Moses Tucker Partners represents the owner of the property represented herein. Although all information furnished regarding property for sale. rental, or financing is from sources deemed reliable, such information has not been verified and no express representation is made nor is any to be implied as to the accuracy thereof and it is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice and to any special conditions imposed by our principal. Independently owned and operated Jeff Snyder, MAI, CCIM Managing Director 479.372.0001 [email protected]OFFERING SUMMARY Existing Office SF: ± 2,733 SF Lease Rate: $22.00/SF (NNN) Lot Size: 0.78 Acres (33,977 SF) Potential Uses: Office, Commercial Parking: 17 Spaces (Land available for more parking) Drive Thru: Not Currently (Land available for double drive-thru) Traffic Count: 30,000 VPD DEMOGRAPHICS 1 MILE 3 MILES 5 MILES Total Population 8,700 51,251 106,670 Average HH Income $56,505 $88,981 $91,002 Daytime Population 37,731 77,252 116,338 PROPERTY HIGHLIGHTS • 1 Year Lease Available • Use As Is, renovate, expand or build new • High traffic location • Across from Walmart's future Home Office • All utilities available • C-2 Commercial Zoning • 150' of frontage on SE 14th St PROPERTY FOR LEASE/BUILD-TO-SUIT 1080 SE 14TH ST BENTONVILLE, ARKANSAS
10
Embed
BENTONVILLE, ARKANSAS PROPERTY FOR LEASE/BUILD-TO …€¦ · center, track, community rooms, multi-purpose athletic fields, amphitheater and more. Crystal Bridges Museum of American
This document is posted to help you gain knowledge. Please leave a comment to let me know what you think about it! Share it to your friends and learn new things together.
Transcript
www.newmarkmtp.com805 S Walton Blvd, Suite 690, Bentonville, AR 72712 | Main: 479.271.6118
Newmark Moses Tucker Partners represents the owner of the property represented herein. Although all information furnished regarding property for sale. rental, or financing is from sources deemed reliable,such information has not been verified and no express representation is made nor is any to be implied as to the accuracy thereof and it is submitted subject to errors, omissions, change of price, rental or otherconditions, prior sale, lease or financing, or withdrawal without notice and to any special conditions imposed by our principal. Independently owned and operated
Jeff Snyder, MAI, CCIM Managing Director 479.372.0001 [email protected]
OFFERING SUMMARYExisting Office SF: ± 2,733 SF
Lease Rate: $22.00/SF (NNN)
Lot Size: 0.78 Acres (33,977 SF)
Potential Uses: Office, Commercial
Parking: 17 Spaces (Land
available for more
parking)
Drive Thru: Not Currently (Land
available for double
drive-thru)
Traffic Count: 30,000 VPD
DEMOGRAPHICS
1 MILE 3 MILES 5 MILES
Total Population 8,700 51,251 106,670
Average HH Income $56,505 $88,981 $91,002
Daytime Population 37,731 77,252 116,338
PROPERTY HIGHLIGHTS• 1 Year Lease Available
• Use As Is, renovate, expand or build new
• High traffic location
• Across from Walmart's future Home Office
• All utilities available
• C-2 Commercial Zoning
• 150' of frontage on SE 14th St
PROPERTY FOR LEASE/BUILD-TO-SUIT1080 SE 14TH ST
BENTONVILLE, ARKANSAS
www.newmarkmtp.com805 S Walton Blvd, Suite 690, Bentonville, AR 72712 | Main: 479.271.6118
Newmark Moses Tucker Partners represents the owner of the property represented herein. Although all information furnished regarding property for sale. rental, or financing is from sources deemed reliable,such information has not been verified and no express representation is made nor is any to be implied as to the accuracy thereof and it is submitted subject to errors, omissions, change of price, rental or otherconditions, prior sale, lease or financing, or withdrawal without notice and to any special conditions imposed by our principal. Independently owned and operated
Jeff Snyder, MAI, CCIM Managing Director 479.372.0001 [email protected]
PROPERTY FOR LEASE/BUILD-TO-SUIT1080 SE 14TH ST
BENTONVILLE, ARKANSAS
www.newmarkmtp.com805 S Walton Blvd, Suite 690, Bentonville, AR 72712 | Main: 479.271.6118
Newmark Moses Tucker Partners represents the owner of the property represented herein. Although all information furnished regarding property for sale. rental, or financing is from sources deemed reliable,such information has not been verified and no express representation is made nor is any to be implied as to the accuracy thereof and it is submitted subject to errors, omissions, change of price, rental or otherconditions, prior sale, lease or financing, or withdrawal without notice and to any special conditions imposed by our principal. Independently owned and operated
Jeff Snyder, MAI, CCIM Managing Director 479.372.0001 [email protected]
PROPERTY FOR LEASE/BUILD-TO-SUIT1080 SE 14TH ST
BENTONVILLE, ARKANSAS
www.newmarkmtp.com805 S Walton Blvd, Suite 690, Bentonville, AR 72712 | Main: 479.271.6118
Newmark Moses Tucker Partners represents the owner of the property represented herein. Although all information furnished regarding property for sale. rental, or financing is from sources deemed reliable,such information has not been verified and no express representation is made nor is any to be implied as to the accuracy thereof and it is submitted subject to errors, omissions, change of price, rental or otherconditions, prior sale, lease or financing, or withdrawal without notice and to any special conditions imposed by our principal. Independently owned and operated
Jeff Snyder, MAI, CCIM Managing Director 479.372.0001 [email protected]
Lobby Area
14th St View to the West View of the back side of building
PROPERTY FOR LEASE/BUILD-TO-SUIT1080 SE 14TH ST
BENTONVILLE, ARKANSAS
Bentonville, Arkansas
WELCOME TO BENTONVILLE
Located in scenic Northwest Arkansas, our city has become a prime destination for the entire business
world with a population of more than 44,000. We are proud of the fact that we are home to the world’s
largest retailer – Walmart! Now, more than 1,200 Walmart suppliers call Northwest Arkansas home.
Northwest Arkansas is one of the nation’s most dynamic economic regions, home to longtime industry
giants Walmart Stores, Tyson Foods and J.B. Hunt Transport Services. Now, with leisure and
entrepreneurial sectors taking flight, Northwest Arkansas is projected to have the nations third fastest-
growing economy through 2020, behind only behind Austin, Texas, and Raleigh, N.C.
With a critical business mass and world-class job talent, our region of more than a half a million people
continues to earn top marks for economic opportunity, affordability and growth. In 2016, Forbes ranked
Northwest Arkansas the third best medium-sized city in the nation for white collar job growth, while Fast
Company ranked the region at No. 2 in the nation for supporting minority owned businesses. At the
forefront of the acclaim, the cities of Bentonville and Bella Vista are attracting business and industry
thanks to quality of life, a growing leisure and tourism sector and an educated, ready workforce.
Bentonville’s school system has been widely recognized for excellence and has established itself as a
leader within the State of Arkansas. Recently, Bentonville High School was named by the Department of
Education as a “No Child Left Behind Blue Ribbon School.” This is one of the most coveted education
awards in the country.
Source: greaterbentonville.com
Bentonville attractions
Bentonville boasts a park system consisting of more than
950 acres with 23 parks and more than 50 miles of trails. A
2.5 mile shared-use trail now connects recreational
enthusiasts to the 36 mile Northwest Arkansas Razorback
Regional Greenway, which links residents to many popular
destinations in five major cities. In 2015, the city opened the
doors to a 83,000 square foot Community Recreation
Center that provides a leisure and competitive pool, fitness
center, track, community rooms, multi-purpose athletic
fields, amphitheater and more.
Crystal Bridges Museum of American Art opened on
November 11, 2011. World renowned architect, Moshe
Safdie, designed this spectacularly modern museum.
His creation uniquely integrates nature and art with
sublime architecture and conservation of the natural
environment. Crystal Bridges, with its 217,000 square
feet of galleries, meeting and classroom space, library,
sculpture garden and gathering place for up to 300
people, will be an esteemed landmark for decades to
come.
We are especially fond of our Downtown Square,
which is surrounded by locally-owned small
businesses and the newly restored Walmart Museum.
The Downtown Square plays host to the Bentonville
Farmer’s Market, First Fridays, Art Walk and many
other events held throughout the year; making it the
place for families, friends and visitors to gather. Adding
to the liveliness of the downtown area are several new
outdoor food venues, 21c Museum Hotel, Friday night
flicks, an ice-skating/splash park at Lawrence Plaza
and the summer concert series at Orchards Park. Best
of all, you can walk or ride your bike the short distance
from the Square to Crystal Bridges Museum of
American Art. The city’s Downtown Activity Center
offers bicycle rentals to all who would like to
experience riding along our trails and downtown area.
Source: greaterbentonville.com
Bentonville, Arkansas
NATIONAL RECOGNITIONS
National accolades Northwest Arkansas has recently received:
Source: greaterbentonville.com
• Bentonville was ranked in the top 10 Best Places to Visit in 2016 by Lonely Planet
• Bentonville was ranked in the top 10 Cities for Families in 2015 by Livability.com
• Bentonville was the recipient of the 2009-2016 Volunteer Community of the Year Award.
• Bella Vista ranked #2 and Bentonville #7 in the state of Arkansas “Safest Cities to Live” by
Safe Choice Security in 2014.
• Benton County, Arkansas was ranked #2 in the “Study: Best Counties to Work in 2014”
by CreditDonkey.com.
• Bentonville’s 21c Museum Hotel was named to the top 10 Hottest New Hotels in the World by
TripAdvisor.
• Forbes magazine placed Northwest Arkansas (No. 28) and Central Arkansas (No.32) near
the top of 200 metropolitan statistical areas as “Best Places for Business and Careers” in
2013.
• Bentonville High ranked third-best in the state and No. 580 in the nation on U.S. News &
World Report’s most recent ranking of high schools.
• Bentonville High School athletic program ranked #1 in the nation in the 2013-14 MaxPreps
Cup title.
• Hottest Travel Destination for 2012 by Travel & Leisure
• One of the 12 Best Places to visit in 2012 LA Times
• Bentonville named on the 2013 “In” list for Dining Scene in The Washington Post
• 2013 Community Development Tourism Award by Arkansas State Parks and Tourism
Commission
• Crystal Bridges received Crystal Award in 2012 by Arkansas State Parks and Tourism
Commission
• Arkansas Business referred to the City of Bentonville as the “most prominent small city in the
world.”
• Arkansas Business named Bentonville the 2011 City of Distinction in two categories: Main
Street Preservation and Quality of Life.
• Bentonville was awarded the coveted State of Arkansas 2011 SHINE Award by Keep
Arkansas Beautiful.
Bentonville, Arkansas
NATIONAL RECOGNITIONS
National accolades Northwest Arkansas has recently received:
Source: greaterbentonville.com
• 2010, 2011, 2012, 2013, 2014, 2015 Arkansas Volunteer Community of the Year
• 2011 City of Distinction Award for Main Street and Quality of Life Categories by Arkansas
Business
• 2012 City of Distinction Award for Tourism by Arkansas Business
• 2012 Reader’s Choice Award Winner by Convention South Magazine
• 2012 Reader’s Choice Award Winner by Sports Events magazine
• Bentonville High School has been named one of the Top 1000 High Schools by Newsweek
Magazine the last two years.
• Bella Vista was recently ranked one of America’s Top 10 Best Healthy Places To Retire
by U.S. News & World Report, and one of the Top 25 best places for affordable homes
by CNNMoney.com and Money Magazine.
• Money Magazine included Northwest Arkansas in its list of “100 Best Places to Live.”
• Forbes Magazine’s annual list of the top 200 best metro areas for doing business placed
Northwest Arkansas in its Top 10 of major metropolitan.
• MSN.com ranked Northwest Arkansas as the best low cost area in the nation in which to live
and work, saying that “access to culture and the beauty of the surrounding mountains and
lakes has helped land [NWA] the title of one of America’s Most Livable Cities.”
• Inc. Magazine ranked Northwest Arkansas as the 13th (out of 393 areas surveyed) best
metropolitan area overall for doing business.
• The Milken Institute also placed Northwest Arkansas in their Top 10 “Best Performing Large
Metros” list for the third time.
• The Wall Street Journal described Bentonville as an “A-list city for business travel since the
late 1990s” in a “Destinations” article. The article also profiled the Northwest Arkansas
Regional Airport, the Crystal Bridges Museum of American Art and the Pinnacle Hills
development in Rogers.
• Money Magazine listed Bella Vista as one the Top 25 best places to retire ranking at No. 12.
• In 2010 and 2011 CNN/Money ranked NWA 10th on their annual Best Places to Live list
under the category of small cities for families.
• CNN/Money ranked Benton County 15th on the 2010 list for counties that have experienced
the most job growth over the last nine years.
• NWA was ranked 10th on the 2011 Most Livable Bargain Markets list published by MSN Real
Estate & Bert Sperling of Sperlings Best Place.
• CNN/Money ranked the Fayetteville-Springdale-Rogers, AR MSA as the 13th best metro area
for small business start-ups.
Benton County Arkansas
Demographics
Benton County has become a leading retail center for Northwest Arkansas as well as northeast
Oklahoma and southwest Missouri. The Bentonville Area Communities are business friendly and
supports strategic, planned economic growth. The unemployment rate for Benton County is 3.5 percent,
and many of its major employers include Wal-Mart Stores, Inc., county and city governments, school
districts, J.B. Hunt, Tyson Foods, retail stores and the healthcare industry.
Economic Profile
The economy of Northwest Arkansas remains strong for many reasons. The region is home to Walmart
Stores, Inc., J.B. Hunt, and several other major logistics and transportation companies, along with Tyson
Foods, the University of Arkansas and six major health centers. The key to the vibrancy of any economy
is job creation; create new jobs and population will follow. Today the region experiences a consistent
population growth.
According to the Arkansas Economic Development Commission, Benton County is the collecting pool for
a three-state labor shed. Each day, workers from northeast Oklahoma, southeast Kansas, southwest
Missouri and surrounding counties in Arkansas commute to Benton County for employment. As our
region grows with the hard infrastructure of highways, streets, commercial and retail centers it is also
growing the soft infrastructure of the arts, entertainment, museums, recreation facilities and sports.
Northwest Arkansas also offers a respite for retirees who move here for the low property taxes and the
scenic splendor of abundant lakes, golf courses and easy lifestyle in Bella Vista and along the shores of
Beaver Lake. All in all, Northwest Arkansas is a diverse, economically sound, safe and affordable Mecca.
The region experienced stratospheric population growth and new job creation from the late 1990s
through 2006 with monthly population increases of 1,250 people per month and an annualized new job
production of 560 per month.
Housing
Housing in Northwest Arkansas is both abundant and affordable. In fact, the median cost of a three-
bedroom home is $42,000 lower than the national average. As a result, newcomers often find themselves
stepping up a level or two in the housing department. From historic and traditional neighborhoods to
brand-new communities, from moderately priced to luxurious, odds are you’ll find the home you want for
less. In the past decade alone, over 21,000 building permits produced nearly $1.9 billion in residential
construction.
Source: greaterbentonville.com
Northwest Arkansas
Northwest Arkansas growth over the past several years can be attributed to expansions at the
University of Arkansas in Fayetteville and at the region’s largest companies. Bentonville-based Walmart
remains at the top of the Fortune 500 list, and Springdale-based Tyson Foods is investing in new
downtown offices that's expected to spur downtown growth in Springdale. Meanwhile, Lowell-based
J.B. Hunt Transport Services is putting the finishing touches on a new office tower where hundreds of
new employees will work.
Additionally, the region’s Walmart supplier community has continued to expand for two decades. There
were about 450 Walmart supplier offices in the region in 2000; there are now more than 1,600
suppliers, including several offices with more than 100 employees.
City governments and school districts have certainly played an important role in the continuing growth
with their investments in better roads, water quality protection, new schools, emergency services and
parks.
That’s been combined with the good work and investments of regional partners such as the Beaver
Water District, the Benton-Washington Regional Public Water Authority, the Northwest Arkansas
Conservation Authority, the Walton Family Foundation and the Northwest Arkansas Regional Planning
Commission. They all helped make the population growth possible by providing services needed by
new residents and the amenities wanted by those who are moving to the region.
There’s no indication that the population growth will slow anytime soon, either. The regional planning
commission estimates the four-county Fayetteville-Springdale-Rogers Metropolitan Statistical Area will
by near 800,000 residents by 2040. It’s near 525,000 residents today.