Commercial real estate can be a good investment in Northwest Arkansas. The region has experienced significant economic growth and population expansion, typically every year. Growth from 2010 -2020 with numbers from the US Census for Washington Co was 21% increase, and Benton Co. had a 28% increase, making it an attractive location for businesses and investors alike. The presence of world headquarters of major corporations, including Walmart, Tyson Foods and JB Hunt, has contributed to the area’s thriving economy.
Investing in commercial real estate in Northwest Arkansas offers several advantages. The low cost of living, typically lower taxes, cities that give incentives to build or buy, favorable business climate, and strong job market make it an ideal location for businesses to establish their presence. This translates into a high demand for commercial properties, ensuring a steady stream of potential tenants and a potentially lucrative investment opportunity.
Additionally, Northwest Arkansas is home to a robust retail sector, with numerous shopping centers, like the Promenade area for outdoor shopping in Rogers, and all the revitalized downtown areas attracting both local residents and visitors. Hospitality in NWA is everywhere, from all the AirBnB’s, current hotels, and new ones coming on board. From the local flavor of our restaurants to the well-known chain restaurant’s, you won’t go hungry or not have a place to lay your head. This further enhances the prospects for commercial real estate investments, particularly in the retail and hospitality sectors.
The region’s transportation infrastructure, including the Northwest Arkansas Regional Airport, city local airports and major highways & railway freight, facilitates accessibility and connectivity, making it convenient for businesses and customers.
Finally, the natural beauty of the area, with its scenic landscapes and outdoor recreational opportunities, for camping, U.S. Capital of Mountain Biking, Razorback Greenway from Bella Vista to South Fayetteville, close by State parks, adds to its appeal and can attract tourists, further supporting the commercial real estate market.