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3300 Martin Luther King Jr Blvd 1,304 SF Vacant Retail Building Fayetteville, AR 72704 $1,012,042 CAD ($776.11 CAD/SF)
INVESTMENT HIGHLIGHTS
- Approx. 232' of frontage on W MLK Jr Blvd with 44,000 CPD.
- Current lease generates $2,940/month, increases 5% annually through 2027.
- Development concept plans available upon request.
- Superb visibility near major retailers, including Lowe’s, Walmart and Aldi.
- Building has new roof, AC, gutters, and siding.
EXECUTIVE SUMMARY
Commercial property along W MLK Jr. Blvd in Fayetteville! Minutes to I-49 and the University of Arkansas. Property backs up to the newly constructed Centennial Park. Income producing or has potential for redevelopment.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
1,304 SF
Building Class
C
Year Built
1950
Price
$1,012,042 CAD
Price Per SF
$776.11 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.02
Lot Size
1.41 AC
Zoning
C-2 - Commercial
Parking
10 Spaces (7.67 Spaces per 1,000 SF Leased)
Frontage
232’ on 6th St
AMENITIES
- Freeway Visibility
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 765-14780-000 | Improvements Assessment | $40,046 CAD |
| Land Assessment | $89,175 CAD | Total Assessment | $129,221 CAD |
PROPERTY TAXES
Parcel Number
765-14780-000
Land Assessment
$89,175 CAD
Improvements Assessment
$40,046 CAD
Total Assessment
$129,221 CAD
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3300 Martin Luther King Jr Blvd
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