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Investment Highlights

  • High Traffic
  • Banking 1st Floor With 2-Car Drive-Thru
  • Excellent Location Across From ASU-Beebe Campus
  • Professional Office Space 2nd Floor

Executive Summary

This 10,550sf "all brick" office building has entire 1st floor banking w/ drive-thru. Remodeled entire 2nd floor (with elevator) in 2018 that included a new TPO roof. Currently have long-term (national) Tenant occupying 2nd floor.

Financial Summary (Pro Forma - 2020)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $212,423 $20.13
Other Income - -
Vacancy Loss - -
Effective Gross Income $212,423 $20.13
Taxes - -
Operating Expenses - -
Total Expenses $62,768 $5.95
Net Operating Income $149,655 $14.19

Financial Summary (Pro Forma - 2020)

Gross Rental Income (CAD)
Annual $212,423
Annual Per SF $20.13
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $212,423
Annual Per SF $20.13
Taxes (CAD)
Annual -
Annual Per SF -
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $62,768
Annual Per SF $5.95
Net Operating Income (CAD)
Annual $149,655
Annual Per SF $14.19

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Building Size
10,550 SF
Building Class
B
Year Built
1982
Price
$1,515,800 CAD
Price Per SF
$143.68 CAD
Cap Rate
9.87%
NOI
$149,651 CAD
Percent Leased
6%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
5,275 SF
Building FAR
0.35
Lot Size
0.69 AC
Parking
30 Spaces (2.84 Spaces per 1,000 SF Leased)

About 1500 W DEWITT HENRY DR , BEEBE, AR 72012

This 10,550sf "all brick" office building has entire 1st floor banking w/ 2-car drive-thru. Remodeled entire 2nd floor (with elevator) in 2018 that included a new TPO roof. Currently have long-term (national) Tenant occupying 2nd floor.

Space Availability

  • Space
  • Size
  • Space Use
  • Build-Out
  • Available
  • 1st Fl-Ste 1
  • 4,965 SF
  • Office/Retail
  • Full Build-Out
  • Now

Main level bank branch with ATM stand-alone location and 2-car drive thru. Private offices and conference room. Nice large lobby area.

Space Size Space Use Build-Out Available
1st Fl-Ste 1 4,965 SF Office/Retail Full Build-Out Now

1st Fl-Ste 1

Size
4,965 SF
Space Use
Office/Retail
Build-Out
Full Build-Out
Available
Now

1st Fl-Ste 1

Size 4,965 SF
Space Use Office/Retail
Build-Out Full Build-Out
Available Now

Main level bank branch with ATM stand-alone location and 2-car drive thru. Private offices and conference room. Nice large lobby area.

Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
004-03347-000
Land Assessment
$33,127 CAD (2025)
Improvements Assessment
$339,498 CAD (2025)
Total Assessment
$372,625 CAD (2025)
  • Listing ID: 19130903

  • Date on Market: 2020-04-06

  • Last Updated:

  • Address: 1500 W Dewitt Henry Dr, Beebe, AR 72012

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