Office properties in Springdale, Arkansas, offer a unique investment opportunity for those looking to capitalize on the city's strong industrial and manufacturing sectors. As the "Poultry Capital of the World," Springdale is home to major corporations like Tyson Foods, Cargill, and George's, making it an attractive location for office properties. These properties can represent a range of investments, from single-tenant buildings to multi-tenant complexes, and can cater to various industries, including manufacturing, logistics, and professional services. Springdale's amenities, such as the Springdale Municipal Airport, Interstate 49, and Highway 112, make it an ideal location for businesses that require easy access to transportation infrastructure. Additionally, the city's educational institutions, including Northwest Arkansas Community College and Northwest Technical Institute, provide a skilled workforce, further enhancing the appeal of office properties in Springdale. With its diverse demographic makeup and attractions like Arvest Ballpark and the Arts Center of the Ozarks, Springdale is a great place for business and travel.
With 11 office properties for sale in Springdale, investors have a range of options to choose from. These properties offer an average price per square foot of $290 USD and an average size of 20,593 square feet, with the largest property spanning 64,647 square feet. In addition to office properties, Springdale also offers a range of other commercial real estate options, including commercial buildings, apartment buildings, shopping centers, and hotels. For instance, commercial buildings in Springdale can cater to the city's strong manufacturing sector, while apartment buildings can provide housing for the city's growing population. Shopping centers, like the ones along Highway 412, offer retail space for businesses, and hotels, such as those near the Springdale Municipal Airport, provide accommodations for visitors. With its diverse economy and range of commercial properties, Springdale is an attractive location for investors and businesses alike.
What is the average price per square foot for office properties in Springdale?
The average price per square foot for office properties in Springdale is $290 USD per square foot, with 11 available listings ranging in size from 20,593 square feet to 64,647 square feet, offering a diverse range of options for investors and businesses alike.
What should I know about office property classifications (Class A, B, C)?
When searching for office properties for sale in Springdale, Arkansas, it's essential to understand the classification system, which categorizes properties based on their quality, amenities, and location, to make an informed investment decision.
- Class A office properties are typically high-rise buildings with modern amenities, prime locations, and high-quality finishes, often attracting top-tier tenants and commanding higher rental rates.
- Class B office properties offer functional spaces with average amenities, decent locations, and standard finishes, appealing to a broader range of tenants and providing a balance between quality and affordability.
- Class C office properties are often older buildings with limited amenities, less desirable locations, and basic finishes, typically attracting budget-conscious tenants and offering lower rental rates.
