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Einstein Bros Bagels 1500 N College Ave 3,063 SF Retail Building Fayetteville, AR 72703 $1,427,000 ($465.88/SF) 6% Cap Rate
INVESTMENT HIGHLIGHTS
- Established National Brand
- Attractive Price Point for a National Tenant
- Long-Term Lease with Increases
EXECUTIVE SUMMARY
Surmount is pleased to present the exclusive listing for an Einstein Bros Bagels located at 1500 N College Avenue, Fayetteville, AR 72703. The site consists of roughly 3,063 rentable square feet of building space on an estimated 0.08-acre parcel of land. This Einstein Bros Bagels is subject to a 15-year Double Net (NN) lease, which commenced 11/10/2010. The current annual rent is $85,620 and has scheduled increases of 10.00% every 5 years.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,063 SF
Building Class
B
Year Built
2010
Price
$1,427,000
Price Per SF
$465.88
Cap Rate
6%
NOI
$85,620
Tenancy
Single
Building Height
1 Story
Building FAR
0.88
Lot Size
0.08 AC
Zoning
C-2 - Dense commercial
Frontage
136’ on North College Avenue
AMENITIES
- Balcony
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 765-28587-000 | Improvements Assessment | $775,200 |
| Land Assessment | $0 | Total Assessment | $775,200 |
PROPERTY TAXES
Parcel Number
765-28587-000
Land Assessment
$0
Improvements Assessment
$775,200
Total Assessment
$775,200
CONTACTS
-
Anthony Bird -
Rocco Driscoll -
Vincenzo Renda -
Christopher Marks -
Glen Kunofsky -
Surmount
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Einstein Bros Bagels | 1500 N College Ave
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