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Einstein Bros. Bagels 1500 N College Ave

3,036 SF Retail Building Fayetteville, AR 72703 $1,427,000 ($470/SF) 6% Cap Rate

Retail Space Arkansas Fayetteville 1500 N College Ave, Fayetteville, AR 72703

Investment Highlights

  • Early 15-Year Double-Net (NN) Lease Extension – Demonstrating Very Strong Commitment to this Location
  • Two (2), Five (5)-Year Tenant Renewal Options
  • Ten Percent (10%) Rental Increases Occurring Every Five (5) Years

Executive Summary

NNN Pro Group is pleased to present the exclusive Listing for an Einstein Bros. Bagels located at 1500 N State Street in Fayetteville, AR. The site consists of roughly 3,063 rentable square feet of building space on estimated 0.06-acre parcel of land. This Einstein Bros. Bagels is subject to a new 15-year double-net (NN) lease extension, which commenced July 1st, 2024. The current annual rent is $85,632 and is scheduled to increase by 10% every 5 years.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,036 SF
Building Class
B
Year Built
2010
Price
$1,427,000
Price Per SF
$470
Cap Rate
6%
NOI
$85,632
Tenancy
Single
Building Height
1 Story
Building FAR
0.67
Lot Size
0.10 AC
Zoning
C-2 - Dense commercial
Parking
37 Spaces (18.97 Spaces per 1,000 SF Leased)
Frontage
136 FT on North College Avenue

Amenities

  • Balcony
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1500 N College Ave, Fayetteville, AR - aerial map view

Nearby Major Retailers

Anytime Fitness
Crossfit
Tacos 4 Life
Krispy Krunchy Chicken
Starbucks

PROPERTY TAXES

Parcel Number 765-28591-000 Improvements Assessment $136,210
Land Assessment $0 Total Assessment $136,210

PROPERTY TAXES

Parcel Number
765-28591-000
Land Assessment
$0
Improvements Assessment
$136,210
Total Assessment
$136,210
(332) 345-4222

Contacts

  • Listing ID: 32876888

  • Date on Market: 8/19/2024

  • Last Updated:

  • Address: 1500 N College Ave, Fayetteville, AR 72703

More public record information on 1500 N College Ave, Fayetteville, AR 72703

The Retail Property at 1500 N College Ave, Fayetteville, AR 72703 is currently available for sale. Contact NNN Pro Group for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

Nearby Listings

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Einstein Bros. Bagels | 1500 N College Ave
(332) 345-4222 x

Einstein Bros. Bagels | 1500 N College Ave

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Glen Kunofsky

(332) 345-4222

(332) 345-4222

Anthony Bird

(917) 697-3215

(917) 697-3215

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