1112 S Thompson St - $1 Auction - REIT Sale | Former Zips Car Wash 4,716 SF Specialty Building Offered at $205,041 CAD in Springdale, AR 72764

Marcus & Millichap is pleased to present a vacant, free-standing retail building located at 1112 S Thompson Street in Springdale, AR 72764 (the “Property”). Formerly occupied by Zips Car Wash, the Property is being offered at a substantial discount to replacement cost, presenting a compelling opportunity for owner-users and investors to acquire a highly visible asset at an attractive basis. FIRST BID MEETS RESERVE!
Built in 2005, the Property consists of a one-story, ±4,716-square-foot free-standing building situated on a ±0.90-acre parcel (±39,245 SF) with 18 total surface parking spaces. Positioned on a hard corner, the site offers excellent visibility and accessibility along S Thompson Street. The Property was previously leased to Zips Car Wash on a triple-net (NNN) basis and features a pylon sign, drive-in wash bay, 20 vacuum stations, and two (2) pay stations. The Property presents owner-users or investors with the opportunity to unlock significant value-add potential through lease-up at long-term market rents. Zoned C-2, General Commercial District, the Property is well positioned for retail, service, automotive, or adaptive reuse given its flexible zoning and prominent frontage.
Strategically located within the Fayetteville–Springdale–Rogers MSA, the Property benefits from strong regional connectivity and proximity to one of Northwest Arkansas’ fastest-growing economic corridors. The site is positioned ±0.1-Mi from U.S. Highway 412/W Sunset Ave and ±3-Mi from I-49, providing efficient access throughout the region and seamless connectivity across the broader Northwest Arkansas market. Northwest Arkansas is supported by a diverse and rapidly expanding economic base anchored by major corporate headquarters including Walmart, Tyson Foods, George’s Inc, and J.B. Hunt Transport Services. This concentration of nationally recognized employers, combined with sustained population growth and business expansion, continues to drive strong demand for retail, service, and commercial uses throughout the region. The Property is situated on S. Thompson Street, a primary commercial corridor in Springdale, and is positioned across from 10Box Cost-Plus and in close proximity to a Walmart Supercenter and Walmart Neighborhood Market, along with a dense mix of national retailers, local businesses, and surrounding residential neighborhoods. This retail clustering supports consistent consumer traffic and strong visibility for commercial users. The site is located less than ±1-Mi from Downtown Springdale and Northwest Medical Center – Springdale (348 beds), ±2-Mi from Springdale Municipal Airport, and within ±35-Min of Northwest Arkansas National Airport (XNA), further enhancing regional accessibility and demand drivers. The surrounding area includes approximately 77,197 residents within a 3-Mi radius and 115,343 residents within a 5-Mi radius, with average household incomes of ±$88,821 and ±$102,343, respectively, supporting sustained demand for daily-needs retail and service-oriented uses.