Bentonville, Arkansas: A Premier Destination for Commercial Real Estate

Introduction

Bentonville, Arkansas is a burgeoning hub for commercial real estate (CRE) development, driven by its dynamic economy and strategic location. As the city continues to grow, it offers a compelling mix of economic opportunity and logistical advantages for investors and developers. With a diverse range of industries such as retail, logistics, and technology, Bentonville's commercial real estate market is poised for sustained growth and innovation.

Economic and Industry Overview

Bentonville is widely recognized as the headquarters of Walmart, making retail a dominant industry in the area. This presence not only drives demand for retail space but also for office and industrial properties as suppliers and service providers seek proximity to the retail giant. Additionally, Bentonville is part of the Northwest Arkansas region, which is becoming a center for technology and entrepreneurship, further fueling demand for innovation districts and flex spaces.

Regional Economic Initiatives

• Northwest Arkansas Council: Northwest Arkansas Council is a key player in regional economic development, supporting initiatives that drive commercial growth.
• Arkansas Economic Development Commission: Arkansas Economic Development Commission offers incentives and support for businesses looking to establish or expand in Bentonville.

Strategic Location and Transportation Infrastructure

Bentonville's strategic location offers significant logistical advantages:

• Highways: Intersected by Interstate 49, Bentonville has direct access to major transportation corridors.
• Airports: The Northwest Arkansas National Airport (XNA) provides robust air connectivity.
• Rail: Access to rail lines enhances distribution capabilities, benefiting industrial and logistics properties.

These transportation assets make Bentonville an attractive option for businesses requiring efficient distribution and access to regional labor pools.

Commercial Real Estate Inventory & Zoning

Bentonville encompasses several key CRE submarkets:

• Central Business District (CBD): A hub for office and retail spaces.
• Industrial Corridors: Located strategically for logistics and manufacturing.
• Innovation Districts: Emerging areas supporting tech and startup ecosystems.

Notable Zoning and Incentives

• City of Bentonville Zoning Maps: Zoning Maps provide detailed information on city zoning.
• Development Incentives: Local incentives are available to developers, fostering an environment conducive to new projects.

Major Employers and Institutions

Bentonville's economy is bolstered by major employers and institutions:

• Walmart: The world's largest retailer, headquartered in Bentonville.
• University of Arkansas: A major educational institution contributing to workforce development.

Economic Development Resources

• Bentonville Economic Development: Bentonville Economic Development provides resources for businesses and developers.

Notable Commercial Developments & Projects

Bentonville is home to several prominent developments:

• Mixed-Use Projects: Developments integrating office, retail, and residential spaces.
• Innovation Parks: Designed to support tech and startup growth.

Public-Private Partnerships

• Opportunity Zones: Bentonville includes federally designated Opportunity Zones, offering tax incentives for investors.

Building Permits, Planning, and Development Tools

For those interested in development, Bentonville provides several resources:

• Building and Safety Department: Building Department
• Permitting Portal: Permitting Portal
• GIS and Parcel Viewer: Parcel Viewer
• Planning Commission: Planning Commission
• Development Code: Development Code PDF

Market Data & Economic Reports

Access comprehensive data to make informed decisions:

• Census Data: Census.gov
• City Open Data Portal: Bentonville Open Data

Explore Brevitas-powered dashboards for in-depth insights into Bentonville's CRE market.

Why Use Brevitas for Bentonville, Arkansas CRE?

Brevitas offers cutting-edge tools for CRE professionals:

• AI-Driven Discovery: Find properties with ease using AI-powered search.
• Real-Time Alerts: Stay informed with market alerts.
• Smart Property Pages: Access detailed property information.
• Dealroom Collaboration: Collaborate with brokers and developers seamlessly.

Unique Features

• Auto-Generated Listing Pages: Streamline your property listings.
• Email and Landing Page Tools: Enhance your marketing efforts.
• Exclusive Listings and Premium Exposure: Gain access to exclusive opportunities.

Discover the full potential of Bentonville's commercial real estate market with Brevitas.