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A medical workplace constructing in Bentonville modified arms lately for $2.46 million.
EIG Bentonville LLC purchased the 7,933-square-foot constructing at 1104 S.E. 30th St. EIG is led by Elliott Bay Capital Belief, a privately held actual property funding agency in Seattle, and Fairness Funding Group, an actual property funding firm based mostly in Fort Wayne, Ind.
Northwest Arkansas Renal Investments LLC, managed by Fred Louis Smardo, was the vendor.
Matt Imhoff and Tommy Van Zandt with Cushman & Wakefield/Sage Companions in Rogers marketed the property.
The only-story constructing was inbuilt 2006 and is triple-net leased with a cap fee of 6.5%. Whole Renal Care Inc., a subsidiary of healthcare firm DaVita Inc., is the tenant. The prevailing lease time period expires in 2028.
TONTITOWN SALE
4 parcels totaling 7.07 acres alongside U.S. Freeway 412 in Tontitown bought lately for $1.75 million.
Leisure Endeavors Inc., led by Chris Owens and Lee J. Farris, purchased the property at 1358 W. Henri De Tonti Blvd.
The Bolek household was the earlier proprietor.
Dave Holland with First Nationwide Financial institution of NWA in Rogers organized financing and Metropolis Title & Closing of Fayetteville was the title agent. Barry Graves and Bob Downum with Cantrell-Griffin Enterprise Brokers in Springdale have been the itemizing brokers.
The positioning consists of Wheels Motor & RV Dealership. The enterprise, owned by the Boleks for greater than 20 years, additionally transferred to Leisure Endeavors for an undisclosed value.
Graves stated Owens and Farris work within the RV enterprise within the Fort Smith metro and have greater than 20 years mixed expertise.
“The brand new homeowners will convey recent power and new concepts to a altering market within the RV business,” Graves stated. “They are going to proceed to function with the identical customized customer-first coverage and stay up for rising this retailer to assist extra prospects in Northwest Arkansas.”
Wheels RV has roughly 20 workers who proceed beneath the brand new homeowners.
LAKEFRONT HOME
A completely-furnished dwelling on Beaver Lake in Rogers modified arms however remained within the Tyson Meals C-Suite in a deal price $1.5 million.
Scott and Joanna Spradley purchased the four.11-acre residence on Kilpatrick Street from Noel and Patricia White. Scott Spradley is Tyson Meals’ chief technical officer. Noel White is the corporate’s chief govt officer.
Arvest Financial institution backed the cope with a 30-year mortgage price $750,000. Metropolis Title & Closing was the title agent. Nicky Dou with Keller Williams Market Professional Realty in Bentonville represented the vendor. Keith Dixon with Smith & Associates Actual Property Companies of Fayetteville represented the customer.
White paid $1.07 million for the property in Might 2018.
The gated residence consists of six bedrooms and is roughly 7,700 sq. ft.
SOUTHGATE SALE
A four,750-square-foot residence in considered one of Rogers’ latest gated neighborhoods bought lately for $1.29 million. The acquisition value equals $271.57 per sq. foot.
Marc and Peggy Killebrew purchased the 1-acre property within the Estates at Southgate. The neighborhood is throughout the road from the principle entrance to Shadow Valley Nation Membership. Southgate Designs Group LLC, registered to Nicholas Dozier, was the vendor.
Arvest Financial institution financed the deal and Metropolis Title & Closing was the title agent. Lauren Boozman Northey with Portfolio Sotheby’s Worldwide Realty in Rogers was the itemizing agent. The Mayer Workforce, led by John Mayer, with Higher Houses and Backyard Actual Property Journey in Bentonville represented the customer.
Mark Phillips Building of Rogers constructed the single-story dwelling.
PINNACLE ABODE
A four,565-square-foot residence in Part IV of the gated Pinnacle Nation Membership neighborhood bought lately for $880,000. The acquisition value equals $192.77 per sq. foot.
Matthew and Sarah Peacey purchased the four-bedroom dwelling on West Newhaven Lane. Ken and Gina Plunk have been the sellers.
Waco Title Co. of Springdale was the title agent. Quicken Loans offered financing. Sherry Hardie with Coldwell Banker Harris McHaney Faucette in Rogers was the itemizing agent. Michael Sims with Bassett Combine & Associates in Fayetteville was the customer’s agent.
The house was inbuilt 2007 and appraised for $939,350 in 2018. Plunk purchased the house and zero.58-acre lot in August 2007 from Johnson Dwelling Enterprise LLC for $965,000. Johnson Dwelling Enterprise purchased the lot in January 2005 from Tallchamps LLC for $119,000.
WOODBROOK RESIDENCE
A renovated residence in Fayetteville got here off the market lately in a deal price $505,000.
Ryan and Laura Kee purchased the three,092-square-foot property on East Woodbrook Drive. The acquisition value equals $163.32 per sq. foot. Mark Zweig Inc. of Fayetteville was the vendor.
Arvest Financial institution offered financing and Lenders Title Co. was the title agent. Dale Carlton Jr., proprietor of Carlton Realty of Fayetteville, represented the vendor. Katie Mihalevich with Flyer Houses Actual Property of Fayetteville represented the customer.
Zweig paid $250,000 for the four-bedroom dwelling and zero.6-acre lot in 2018. The house was inbuilt 1973 and initially owned by the late John Lewis, a well known civic chief and recognized by some as “Mr. Fayetteville.”
‘BUMPER’ BUY
A 6,486-square-foot industrial constructing in Rogers modified arms in an all-cash deal price $425,000. The acquisition value equals $65.52 per sq. foot.
Reinboth Lynch LLC, managed by Jeffrey D. Lynch, purchased the single-story constructing at 103 W. Chestnut St. Kenny Comstock and Dan Crouthers have been the sellers.
Bumper to Bumper (Crow Burlingame Co.) is the constructing tenant.
Fred Wanger with Coldwell Banker Harris McHaney Faucette in Rogers represented the vendor. CRD Actual Property & Growth of Rogers, led by Hannah Cicioni, represented each purchaser. PCI Advance Title in Rogers was the title agent.
LEASE ACTIVITY
Steelworx Industrial Group LLC, led by Eric Wright, has agreed to lease an industrial warehouse at 2049 S. Barrington Street in Tontitown.
The lease is for 15,462 sq. ft.
Wagner Household LP, led by Mick Wagner, is the constructing proprietor. The constructing was inbuilt 1961 and consists of six places of work, a break room and a standard space.
Wade Smith with Colliers Worldwide in Rogers represented the owner within the lease transaction.
Actual Offers submissions: Submit recommendations on lease exercise, building, transactions or upcoming initiatives valued at $300,000 or extra to Paul Gatling at [email protected]. Please write ‘Actual Offers’ within the topic line.
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