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2034 Fayetteville Rd 2,175 SF Retail Building Van Buren, AR 72956 $1,438,462 ($661.36/SF) 6.50% Cap Rate
INVESTMENT HIGHLIGHTS
- Outparceled By Lowe's & Walmart Supercenter
- Dense Demographics - 24,000+ People Reside within 3 Miles Radius of Site
- Starbucks Recently Exercised 5-Year Option to Extend the Lease
- Single Tenant Freestanding Starbucks Located in Van Buren, AR
- 14 Minute Commute to University of Arkansas - 7 Minute Commute to Van Buren High School
- Daytime Employees Exceed 10,000+ People within 3 Mile Radius of Site
EXECUTIVE SUMMARY
Single-tenant freestanding Starbucks located in Van Buren, Arkansas, outparceled by Lowe’s and Walmart Supercenter. The site is positioned along Fayetteville Road (U.S. Route 59), a major multi-state north-south corridor spanning over 1,900 miles and experiencing more than 24,000 vehicles daily. The area features dense demographics with over 24,000 residents and more than 10,000 daytime employees within a 3-mile radius, along with a projected population growth of +3.98% through 2029. Conveniently located just 14 minutes from the University of Arkansas and 7 minutes from Van Buren High School, this property offers strong accessibility and visibility. Starbucks recently exercised its 5-year option to extend the lease, demonstrating long-term commitment to the site.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,175 SF
Building Class
B
Year Built
2006
Price
$1,438,462
Price Per SF
$661.36
Cap Rate
6.50%
NOI
$93,500
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.79 AC
Zoning
C-2 - Retail
Parking
15 Spaces (6.9 Spaces per 1,000 SF Leased)
AMENITIES
- Signage
- Air Conditioning
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 700-03643-003-C | Improvements Assessment | $119,670 |
| Land Assessment | $52,990 | Total Assessment | $172,660 |
PROPERTY TAXES
Parcel Number
700-03643-003-C
Land Assessment
$52,990
Improvements Assessment
$119,670
Total Assessment
$172,660
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2034 Fayetteville Rd
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