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8300 Highway 71 S 23,500 SF of Retail Space Available in Fort Smith, AR 72908
HIGHLIGHTS
- Former American Freight retail building.
- Building boasts high ceilings throughout, two restrooms, office area, and overhead dock access.
- Located on HWY 71 with exposure with an average of 28,000 cars per day passing by.
- Showroom consists of 15,600 square feet, and warehouse consists of 7,800 square.
- Ingress/egress from HWY 71S.
- Just half of a mile from Interstate 540.
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 23,500 SF | 5 Years | $11.02 CAD/SF/YR $0.92 CAD/SF/MO $258,934 CAD/YR $21,578 CAD/MO | Triple Net (NNN) |
1st Floor
Former American Freight retail building with 23,500 square feet. Site is comprised of 2.2 acres, showroom consists of 15,600 square feet, and warehouse consists of 7,800 square feet. Building boasts high ceilings throughout, two restrooms, office area, and overhead dock access. Plenty of parking, ingress/egress from HWY 71S, as well as street access back to lighted intersection. Owner is seeking a 5 year lease at $8 per square foot per year, tenant pays taxes, insurance, and utilities on building. Located on HWY 71 with exposure with an average of 28,000 cars per day passing by. Just half of a mile from Interstate 540. Surrounded by many rooftops and many national retailers including Walmart Neighborhood Market, AutoZone, banks, and multiple restaurants.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Central Air and Heating
- Private Restrooms
- Wheelchair Accessible
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 | 23,500 SF | Gross Leasable Area | 23,500 SF |
| Property Type | Retail | Year Built | 2018 |
| Property Subtype | Freestanding | Parking Ratio | 1.19/1,000 SF |
| Total Space Available | 23,500 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 23,500 SF |
| Year Built | 2018 |
| Parking Ratio | 1.19/1,000 SF |
ABOUT THE PROPERTY
Former American Freight retail building with 23,500 square feet. Site is comprised of 2.2 acres, showroom consists of 15,600 square feet, and warehouse consists of 7,800 square feet. Building boasts high ceilings throughout, two restrooms, office area, and overhead dock access. Plenty of parking, ingress/egress from HWY 71S, as well as street access back to lighted intersection. Owner is seeking a 5 year lease at $8 per square foot per year, tenant pays taxes, insurance, and utilities on building. Located on HWY 71 with exposure with an average of 28,000 cars per day passing by. Just half of a mile from Interstate 540. Surrounded by many rooftops and many national retailers including Walmart Neighborhood Market, AutoZone, banks, and multiple restaurants.
NEARBY MAJOR RETAILERS
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8300 Highway 71 S
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