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1400-1418 Military Road
SOLD

1410 Military Rd LLC Acquires Retail Property In Benton, AR For $9.34M

1400-1418 Military Road

Retail
78,870 SF
clock iconSold 1 year ago
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Summary

Sale
ARKANSAS
Retail
78,870 sqft

The retail property located at 1400-1418 Military Road in Benton, AR has been sold. The transaction took place on 05/22/2023. The property, spanning 78,870 square feet, was acquired by 1410 Military Rd LLC. The buyer purchased the property from Kirkpatrick Real Properties LLC for a total sale price of $9,340,000, resulting in a price per square foot of $118. Colliers represented both parties as the broker in this transaction.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: $9,340,000
  • Square Footage: 78,870
  • Address: 1400-1418 Military Road, Benton, AR
  • Market: Benton, AR
  • Buyer: 1410 Military Rd LLC
  • Seller: Kirkpatrick Real Properties LLC
  • Broker: Colliers

This transaction exemplifies the active real estate market in Benton, AR. 1410 Military Rd LLC seized the opportunity to invest in this prime retail property at a competitive price of $118 per square foot. Colliers, a well-known brokerage firm, facilitated the deal between the buyer and seller, ensuring a smooth transaction for both parties.

Details

Deal Summary
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SOLD
IMAGE: 05/22/2023 ADDRESS: 1400-1418 Military Road MARKET: Benton, AR ASSET TYPE: Retail BUYER: 1410 Military Rd LLC SELLER: Kirkpatrick Real Properties LLC BROKER: Colliers SALE PRICE: $9,340,000 SF: 78,870 ~ PPSF: $118

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Address1400-1418 Military Road

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