Fayetteville Walgreens on High-Traffic
For Sale
Contact for pricing
300 E Township St, Fayetteville, AR 72703
Walgreens on a visible, signalized corner with strong traffic.
Property Size15,000 SF
Price / SF$245.13
Days on Market197
Property Features for 300 E Township St
General Information
Standard status
Active
Size
15,000 SF
Property subtype
Retail
Occupancy
100%
Lease Type
Absolute Net
Investment Type
Net Lease
Net Operating Income
$340,170
Building Details
Year Built
2001
Tenancy
Single
Listing Agency:
RX Syndicate
Listed By:
Arthur Griffith · License #CA 01876378
Source:
Crexi
Added: Jan 27
Changed: Aug 8
Last Checked: Aug 11 at 1:02PM
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 RX Syndicate
Investment Insights
Based on property information with market context.
The Walgreens property is located at the northwest corner of N College Ave (US-71B) and Township St, a signalized intersection. Situated along one of Fayetteville’s primary commercial corridors, the location benefits from high visibility and convenient access. The area experiences strong traffic, supporting consistent drive-by exposure. Open until 12 am, the store is positioned to capture extended-hour demand from nearby neighborhoods and evening traffic. The site is part of Fayetteville’s established retail environment, drawing from a broad trade area supported by major regional anchors. National retailers in the broader Fayetteville area include Target and Home Depot, reinforcing the area’s role as a primary shopping and services destination. The property is suitable for pharmacy, health and wellness, and everyday retail. The property size is 15000 square feet.
Key Highlights
- High‑visibility location at a signalized intersection (N College Ave & Township St) on a primary commercial corridor.
- Strong traffic counts on College Avenue, providing consistent drive‑by exposure.
- Extended operating hours (open until 12am) catering to evening traffic and neighborhood demand.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$189,135
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.14%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,782,700
$3.8M
Cap Rate 7%
$2,701,929
$2.7M
Cap Rate 9%
$2,101,500
$2.1M
Market Conditions
NOI Build-Up for 15,000 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$270.0K $18.00/SF
− Vacancy
−$17.8K −$1.19/SF
EGI
$252.2K $16.81/SF
− OpEx
−$63.0K −$4.20/SF
NOI
$189.1K $12.61/SF
Area
Washington County, AR
Vacancy
6.60%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,782,700
Cap Rate 7%
$2,701,929
Cap Rate 9%
$2,101,500
Alternative Uses
Best Use
Specialty Retail
$2.70M
$2.36M – $3.15M
NOI $189,135 @ 7.0% cap · market cap 5.14%
Second Best
Retail
$2.52M
$2.21M – $2.94M
NOI $176,526 @ 7.0% cap · market cap 4.80%
Theoretical Best
Office A
$4.03M
$3.52M – $4.70M
NOI $281,837 @ 7.0% cap · market cap 7.66%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,042
Businesses Nearby
100k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 52%
Shops & Services 41%
Groceries 4%
Beauty & Spa 3%
Kum & Go
Shops & Services
24,621 visits/mo
0.0 miles
Braum's Ice Cream & Dairy Stores
Dining
17,253 visits/mo
0.2 miles
Starbucks
Dining
11,240 visits/mo
0.1 miles
Burger King
Dining
9,962 visits/mo
0.1 miles
Arvest Bank
Shops & Services
8,916 visits/mo
0.1 miles
Demographics for 72703, AR
33,767
Population
17,202
Households
2
Avg Household Size
33
Median Age
49%
College-Educated
96%
High-School Grad
40.2 sq mi
ZIP Area
840
Density / Sq Mi
$60,232
Median Household Income
$39,190
Median Earnings
$958
Median Rent
$341,700
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Similar Off Market Nearby
- Walgreens Pharmacy — 300 E Township St, Fayetteville, AR 72703
- Peggy B. Mott, RPh — 125 E Township St, Fayetteville, AR 72703, United States
- COVID-19 Drive-Thru Testing at Walgreens — 300 E Township St, Fayetteville, AR 72703
- CVS Pharmacy — 2402 N College Ave, Fayetteville, AR 72703
- Kayla Love — 300 E Township St, Fayetteville, AR 727033441
Frequently Asked Questions
What type of property is this?
Drug store - Walgreens on a visible, signalized corner with strong traffic.
Where is this drug store located?
The property is located at 300 E Township St Fayetteville, AR.
What is the asking price?
The asking price for this property is $3,677,000.
What are key features of this property?
This property features: High‑visibility location at a signalized intersection (N College Ave & Township St) on a primary commercial corridor.; Strong traffic counts on College Avenue, providing consistent drive‑by exposure.; Extended operating hours (open until 12am) catering to evening traffic and neighborhood demand.
