Renovated Retail
For Sale
$7,850,000
26 W Center St, Fayetteville, AR 72701
Updated commercial space positioned on the downtown Fayetteville Square.
Property Size30,000 SF
Days on Market56
Property Features for 26 W Center St
General Information
Standard status
Active
Size
30,000 SF
Property subtype
Retail - Street Retail
Building Details
Building Size
30,000 SF
Listing Agency:
Kelley Commercial Partners
Listed By:
Jordan Jeter · License #SA00066058
(501) 350-7388
Source:
Commercialcafe
Added: Aug 13
Changed: Sep 30
Last Checked: Oct 5 at 3:22PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Kelley Commercial Partners
Investment Insights
Based on property information with market context.
This retail space at 26 W Center St has been renovated and is positioned on the downtown Fayetteville Square in Fayetteville, Arkansas. The property is offered for sale and provides a centrally located setting for retail use within the square’s commercial environment.
Key Highlights
- Renovated retail space
- Located on the downtown Fayetteville Square
- 26 W Center St, Fayetteville, AR 72701
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$353,052
Cap Rate
4.50%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,061,040
$7.1M
Cap Rate 7%
$5,043,600
$5.0M
Cap Rate 9%
$3,922,800
$3.9M
Market Conditions
NOI Build-Up for 30,000 SF
Gross rent
$540.0K $18.00/SF
− Vacancy
−$35.6K −$1.19/SF
EGI
$504.4K $16.81/SF
− OpEx
−$151.3K −$5.04/SF
NOI
$353.1K $11.77/SF
Area
Washington County, AR
Vacancy
6.60%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,061,040
Cap Rate 7%
$5,043,600
Cap Rate 9%
$3,922,800
Alternative Uses
Best Use
Retail
$5.04M
$4.41M – $5.88M
NOI $353,052 @ 7.0% cap · market cap 4.50%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$8.05M
$7.05M – $9.39M
NOI $563,674 @ 7.0% cap · market cap 7.18%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
2,087
Businesses Nearby
40k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 55%
Dining 45%
Shell
Shops & Services
12,158 visits/mo
0.4 miles
Chipotle Mexican Grill
Dining
8,916 visits/mo
0.5 miles
Arvest Bank
Shops & Services
5,559 visits/mo
0.1 miles
AutoZone
Shops & Services
3,639 visits/mo
0.4 miles
Pizza Hut
Dining
2,456 visits/mo
0.4 miles
Demographics for 72701, AR
48,269
Population
20,057
Households
2.4
Avg Household Size
28
Median Age
42%
College-Educated
93%
High-School Grad
126.0 sq mi
ZIP Area
383
Density / Sq Mi
$50,413
Median Household Income
$27,305
Median Earnings
$973
Median Rent
$323,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Updated commercial space positioned on the downtown Fayetteville Square.
Where is this retail space located?
The property is located at 26 W Center St Fayetteville, AR.
What is the asking price?
The asking price for this property is $7,850,000.
What are key features of this property?
This property features: Renovated retail space; Located on the downtown Fayetteville Square; 26 W Center St, Fayetteville, AR 72701
