Flex Space with Drive-In
New
For Sale
Contact for pricing
2355 Center St, Fayetteville, AR 72701
Two front entrances and a rear entry provide multiple ways to access the open interior.
Property Size2,320 SF
Price / SF$0.01
Days on Market4
Property Features for 2355 Center St
General Information
Standard status
Active
Size
2,320 SF
Property subtype
Commercial
Site & Location
Highway Access
Yes
Road Access
Yes
Amenities
drive-in doors
private restroom
storage closets
Building Details
Year Built
2025
Listing Agency:
Lindsey & Associates Inc
Listed By:
Brooke Hernandez
(479) 366-0149
Source:
District3
Added: Oct 23
Changed: Oct 25
Last Checked: Oct 24 at 4:22PM
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 Lindsey & Associates Inc
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Investment Insights
Based on property information with market context.
This 2,320 SF flex suite is in a 2025-built building and has an open floor plan, two drive-in doors, storage closets, and a private restroom. Two entrances face the front, with a separate entrance at the rear. The layout combines open space with warehouse access and enclosed storage areas.
The property sits just off N Center St/Hwy 16, with approximately 12,000 VPD. Dollar General is next door; Casey's General Store is half a mile away, and Harps Food Stores and McDonald's are within one mile. The space is offered with an NNN lease structure.
The property sits just off N Center St/Hwy 16, with approximately 12,000 VPD. Dollar General is next door; Casey's General Store is half a mile away, and Harps Food Stores and McDonald's are within one mile. The space is offered with an NNN lease structure.
Key Highlights
- 2,320 SF flex suite
- Two drive‑in doors, two front entrances, and one rear entrance
- Built in 2025
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,161
Suggested Prices Based on Cap Rates
Cap Rate 5%
$243,220
$243.2K
Cap Rate 7%
$173,729
$173.7K
Cap Rate 9%
$135,122
$135.1K
Market Conditions
NOI Build-Up for 2,320 SF
Gross rent
$20.9K $9.00/SF
− Vacancy
−$2.2K −$0.94/SF
EGI
$18.7K $8.06/SF
− OpEx
−$6.5K −$2.82/SF
NOI
$12.2K $5.24/SF
Area
Washington County, AR
Vacancy
10.40%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$243,220
Cap Rate 7%
$173,729
Cap Rate 9%
$135,122
Alternative Uses
Best Use
Retail
$390.0K
$341.3K – $455.1K
NOI $27,303 @ 7.0% cap · market cap 109,212.00%
Second Best
Industrial
$193.8K
$169.6K – $226.1K
NOI $13,564 @ 7.0% cap · market cap 54,256.00%
Theoretical Best
Office A
$622.7K
$544.9K – $726.5K
NOI $43,591 @ 7.0% cap · market cap 174,364.00%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
45
Businesses Nearby
Balanced
Demand for This Use
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Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - Two front entrances and a rear entry provide multiple ways to access the open interior.
Where is this flex space located?
The property is located at 2355 Center St Fayetteville, AR.
What are key features of this property?
This property features: 2,320 SF flex suite; Two drive‑in doors, two front entrances, and one rear entrance; Built in 2025
