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2564 N College Ave 4,250 SF Retail Building Fayetteville, AR 72703 $759,500 ($178.71/SF) 9.11% Cap Rate
INVESTMENT HIGHLIGHTS
- Major Road Frontage
- Leased investment property
- 52-solar panel average 40% reduction in electricity
EXECUTIVE SUMMARY
Leased investment property at fantastic location, corner of N College Ave and Sunbridge. 52-solar panel average 40% reduction in electricity. All units currently full except one at $450/mo. Front retail space leased at $3000/mo.
PROPERTY FACTS Under Contract
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,250 SF
Building Class
C
Year Built
2004
Price
$759,500
Price Per SF
$178.71
Cap Rate
9.11%
NOI
$69,209
Tenancy
Single
Building Height
1 Story
Building FAR
0.25
Lot Size
0.39 AC
Zoning
C-2
Parking
20 Spaces (4.71 Spaces per 1,000 SF Leased)
Frontage
83’ on College Ave
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Individual Operators
- -
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Individual Operators | - | - | - | - |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 765-16013-000 | Improvements Assessment | $95,200 |
| Land Assessment | $37,090 | Total Assessment | $132,290 |
PROPERTY TAXES
Parcel Number
765-16013-000
Land Assessment
$37,090
Improvements Assessment
$95,200
Total Assessment
$132,290
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2564 N College Ave
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