1031 Exchange - New! National Tenant NNN Newer Construction Class A Retail Thriving Live Event STNL Venue | For Sale
DWG Capital Group is thrilled to present an exceptional opportunity to invest in SAVELIVE, a newly constructed STNL Class A Retail property, featuring a NNN National Tenant in the thriving tri-city Fayetteville, Arkansas—the proud home of the Razorbacks (University of Arkansas). This high-volume, thriving Class A Quick Service Restaurant (QSR) combines a live concert venue, restaurant, brewery, and headquarters into a single dynamic space. Priced competitively at $8,250,000, this property stands out in the market with a 7% cap rate, making it an attractive option for discerning investors seeking reliable returns.
About The Tenant
SAVELIVE benefits from a 20-year corporately guaranteed absolute NNN lease, with 16 years remaining, backed by a robust tenant with a proven track record across eight additional essential locations. This level of security is increasingly rare in today's market, offering peace of mind and stable income for years to come. The lease features 5% escalations every five years, ensuring a steady increase in returns.
Asking price: $8,250,000
7% cap rate
20-year NNN lease
NOI: $577,600 per year
Price per SF: $331 per SF
$1.93 per SF/month rental rate
Lease Term: Originally a 20-year lease with 16 years remaining, including two 10-year renewal options. The first two years were spent expanding 40% of the building with brand-new demand driven construction.
Property Features:
+ Constructed in 2016, expanded in 2021
+ 10,000+ sq ft live venue
+ Popular local and regional attraction
+ Hosted major artists and events
Strategic Location:
Situated at 3615 N. Steele St, Fayetteville, AR 72704, SAVELIVE is not just a property; it’s a destination. The building spans 24,925 square feet and is thoughtfully designed to include a restaurant, brewery, headquarters, and concert venue. Originally constructed in 2016 and expanded in 2021, this architecturally striking two-story establishment is positioned perfectly on 3.26 acres of prime real estate. The site enjoys high visibility and foot traffic, enhancing its appeal as a premier investment.
Thriving Urban Market:
Part of the fast-growing Fayetteville/Bentonville/Rodgers NW Arkansas MSA
Home to major employers such as Walmart, JB Hunt, Tyson Chicken, and the University of Arkansas
Ranked 18th in BusinessWeek's list of 25 best affordable suburbs in the American South (2007)
Ranked 24th in Forbes' list of best cities for business and careers (2016)