1500 N College Ave - Fast Food FOR SALE


Fayetteville, AR 72703
$1,427,000 USD
332-345-4222
1500 N College Ave, Fayetteville, AR for Sale
$1,427,000 USD
Fast Food - FOR SALE
1/2
null | 6% Cap Rate

1500 N College Ave
Fayetteville, AR 72703


HIGHLIGHTS

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

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$1,427,000 USD

PRICE/SF

$732 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Einstein Bros. Bagels

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2010

SPRINKLERS

-

PARKING SPACES

37

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,500 SF

ZONING

C-2

APN/PARCEL ID

765-28587-000

ASK ABOUT THIS PROPERTY

Glen KunofskyNNN Pro GroupMore Info
332-345-4222

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Glen KunofskyNNN Pro GroupMore Info
332-345-4222

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.