TL;DR: Owning 1110 SE Evergreen Street in Bentonville, AR, priced at $3,900,000, means managing a 12,322-square-foot masonry building on 1.97 acres, with its parking and outdoor areas. If you lease it, you also manage the tenant relationship. Mason Capital Group offers property management, and Cameron Torabi, Principal Broker, Mason Capital Group Real Estate Investment & Trust, can be reached at 479-925-3333.
What would managing 1110 SE Evergreen Street involve?
Managing it would mean caring for a one-story masonry building, paved parking and fenced outdoor areas, and handling whatever lease or occupancy you choose.
1110 SE Evergreen Street is in Bentonville. The building was constructed in 2004 and has 12,322 square feet per assessor records. The listing describes open, window-lined rooms, a central tiled corridor, multiple restroom cores and secured outdoor space. Parking is paved, with 45 spaces per a preliminary survey, and the property includes fenced outdoor areas.
The listing states no lease terms, no tenant details and no income figures. The building is currently operated as a childcare facility, and the business and furnishings are not included unless separately negotiated. Any management plan therefore starts from your intended use, not from an inherited rent roll.
What are the ways to hold this property, and how does each change the management work?
Three ways to hold the property follow from the listing: owner-user occupancy, leasing to a service user and holding for redevelopment.
Owner-user occupancy
The listing says an owner-user can occupy the existing improvements. In that case the management work is upkeep: the building, the parking, the fenced and secured outdoor areas and the flood-related questions below.
Leasing to a service user
The listing says the layout suits education, medical and dental, professional office, training and other service users, and the MLS lists bank, church, medical/dental, office, restaurant and retail among compatible property types. Leasing adds tenant selection, lease terms, rent collection and tenant requests.
Holding for redevelopment
The T5.1 Town Center Low zoning points to a possible mixed-use future, subject to approvals to be confirmed with the City of Bentonville planning department. During the hold, management means keeping the building safe and insured, and preserving flexibility in any lease.
What should I ask a property management company in Bentonville, AR?
Ask about scope, fees, reporting, maintenance, tenant screening and how the manager handles a parcel with mapped flood-hazard areas. Here is a short list.
- What exactly is in the management scope, and what costs extra? Get this in writing.
- How are fees structured, and what is the term of the agreement?
- How will you report to me, and how often?
- How do you handle repairs, vendors and emergencies at a commercial building?
- How do you screen and select a tenant for a service use such as education or medical?
- What do you recommend for the mapped flood-hazard and floodway areas that affect the parcel?
- Can you coordinate with the broker or developer if I later sell or redevelop?
What does Mason Capital Group's property management service cover?
Property management is one of the firm's four services, alongside brokerage, development and investment advisory.
Mason Capital Group serves Northwest Arkansas with brokerage, development, property management and investment advisory under one roof. The scope for a specific asset is set in a written proposal, and no management fee is published here. Ask for the proposal in writing at 479-925-3333.
A reasonable test of any manager is the record behind the firm. Mason Capital Group states $2.4B+ in cumulative transaction activity (estimated combined personal, team and affiliated-brokerage activity over 30+ years; not independently verified; not indicative of current assets under management or future results). The experience is 30+ years of Northwest Arkansas real estate expertise. Cameron Torabi, Principal Broker, Mason Capital Group Real Estate Investment & Trust, leads the firm.
How does management affect the hold?
Management shapes the hold because it sets your carrying work, your flexibility and your readiness to sell or redevelop.
A long lease can steady a hold and also limit a redevelopment. An owner-user hold puts the work in your hands. A short lease keeps options open and adds turnover work. The T5.1 zoning allows buildings up to four stories (60 feet), so a hold for redevelopment should keep lease terms flexible.
The listing also tells buyers to verify building-specific effects of the mapped flood-hazard and floodway areas. Talk to your insurance agent and attorney about how that affects your hold, and confirm tax questions with your tax advisor or attorney.
To discuss management, contact Mason Capital Group or call 479-925-3333. You can read about Cameron Torabi on the about page and see comparable assets among the firm's featured listings.
Frequently asked questions
Who should I call for commercial property management in Bentonville, AR?
Call Cameron Torabi at Mason Capital Group, 479-925-3333; the firm offers property management alongside brokerage, development and investment advisory. Judge any manager, this firm included, on a clear written scope, stated fees, regular reporting and a record.
What does a property manager charge for a commercial building?
No management fee is published for this property or in the firm's stated facts. Fees depend on scope and the asset. Ask for a written proposal from Mason Capital Group at 479-925-3333 and compare it with other companies.
Can Mason Capital Group manage my property in Bentonville?
Mason Capital Group offers property management as one of four services. Whether it can manage your specific property depends on the asset and the scope. Call Cameron Torabi, Principal Broker, Mason Capital Group Real Estate Investment & Trust, at 479-925-3333, describe the property and request a written proposal.
What does a property manager do at a commercial building?
A manager typically handles upkeep, vendors, tenant communication, rent collection and reporting, depending on the agreement. For a building like this, ask also about parking, outdoor areas and flood-related questions. Define the scope in writing.
Do I need a property manager if I occupy the building myself?
Not necessarily. An owner-user handles upkeep directly, and the listing says an owner-user can occupy the existing improvements. Some owners still hire help for maintenance and vendors. Decide based on your time and the building's needs.
Who handles tenant leases if I buy 1110 SE Evergreen Street?
The listing states no lease or tenant terms, so any lease would be new and negotiated by you. A property management company can help with tenant selection and lease administration. Have your attorney review the lease terms.
How do I start working with a property manager on a new purchase?
Start before closing. Share the listing facts, your intended use and your timeline, then ask for a written scope and fee proposal. Mason Capital Group can be reached at 479-925-3333 to begin that conversation.
To discuss managing a commercial property in Bentonville or elsewhere in Northwest Arkansas, call Cameron Torabi at 479-925-3333.
About the author: Cameron Torabi, Principal Broker — Mason Capital Group. 30+ years of Northwest Arkansas real estate expertise; $2.4B+ in cumulative transaction activity.
Estimated figure reflecting combined personal, team, and affiliated-brokerage transaction and development activity across Northwest Arkansas over a 30+ year career. Based on internal estimates; not independently verified. Not indicative of current assets under management or future results.