Investing in Retail Properties in Springdale, Arkansas can be a lucrative venture, especially considering the city's strong industrial sector and robust poultry processing industry. Retail Properties in Springdale offer a diverse range of investment opportunities, from strip centers and shopping centers to freestanding retail buildings and restaurants. With a population of around 80,000, Springdale provides an attractive market for retailers, with a strong demand for goods and services. The city's infrastructure, including the Springdale Municipal Airport, Interstate 49, and Highway 112, makes it an ideal location for businesses that require easy access to transportation routes. Additionally, the presence of institutions like Northwest Arkansas Community College and the relocation of the Northwest Arkansas Naturals minor league baseball team to Arvest Ballpark have contributed to the city's growth and development. Springdale's unique blend of industrial and cultural attractions, including the Arts Center of the Ozarks and the Shiloh Museum of Ozark History, make it an attractive location for businesses and tourists alike.
With 11 Retail Properties for sale in Springdale, investors have a wide range of options to choose from. The average price per square foot for Retail Properties in Springdale is $392 USD, with an average size of 6,507 square feet. The largest Retail Property available in Springdale spans 12,700 square feet. In addition to Retail Properties, Springdale also offers a range of other property types, including Shopping Centers, with their convenient locations and high foot traffic; Restaurants, which benefit from the city's strong demand for dining options; Office Properties, which cater to the city's growing business sector; and Hotels, which serve the city's tourists and business travelers. With its diverse economy and attractive location, Springdale is an ideal place to invest in Retail Properties, offering a strong potential for returns on investment.
What is the average cap rate for retail properties in Springdale?
When it comes to retail properties in Springdale, investors can expect an average cap rate of 5.93%, which is a key metric to consider when evaluating the potential return on investment. For those new to commercial real estate investing, it's essential to understand what a cap rate is, which is why we recommend checking out our article on the topic at what is a cap rate.
How do location and foot traffic affect retail property values?
In Springdale, Arkansas, the location of a retail property significantly impacts its value, with properties situated near major highways, such as Interstate 49 and Highway 112, and in close proximity to amenities like Arvest Ballpark and the Arts Center of the Ozarks, typically commanding higher prices due to increased foot traffic and visibility. With 11 retail properties available for sale, investors can find opportunities that cater to their specific needs, including properties with average prices per square foot of $392 USD and average sizes of 6,507 square feet, offering a range of options to capitalize on the city's growing economy.
