695 Van Asche Dr - Restaurant FOR SALE


Fayetteville, AR 72703- Greater Fayetteville
$2,365,000 USD
408-846-1031
695 Van Asche Dr, Fayetteville, AR for Sale
$2,365,000 USD
Restaurant - FOR SALE
1/2
null | 6% Cap Rate

695 Van Asche Dr
Fayetteville, AR 72703
Greater Fayetteville


HIGHLIGHTS

  • Excellent High Traffic Location - 32,000 Cars per day
  • Hwy 71B Frontage
  • 12 minutes from University of Arkansas
  • 2 Hotels Next Door
  • Surrounded by National Credit Tenants
  • Absolute NNN

OVERVIEW

• Absolute NET Lease (No Landlord Responsibilities) • Corporate Guaranty • Huge 2 Acre Commercial Lot • Excellent Hwy Frontage • 8+ years remaining on the lease • Major Tenant funded renovation in 2016 taking the property to prototype Location Highlights • Excellent Hwy Frontage • High Traffic Location (32,000 Cars Per Day) • Adjacent to National Credit Tenants • 2 Hotels Next Door • 12 minutes from University of Arkansas • 29 minutes from Walmart Corporate Headquarters

FOR SALE DETAILS

PRICE

$2,365,000 USD

PRICE/SF

$373 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Fast Food, Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2004

SPRINKLERS

-

PARKING SPACES

60

LAND DETAILS

LAND ACRES

2.02 AC

LAND SF

87,817 SF

ZONING

-

APN/PARCEL ID

765-23453-000

ASK ABOUT THIS PROPERTY

George RenzRenz & Renz Investment & Commercial BrokerageMore Info
408-846-1031

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George RenzRenz & Renz Investment & Commercial BrokerageMore Info
408-846-1031

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