Prime College Avenue Retail
427 N College Avenue Fayetteville, AR 72701
427 N College Avenue, Fayetteville, AR, 72701
$1,400,000
Pending
For Sale
$1,400,000
Pending
Retail property on College Avenue with high visibility.
Property Size6,355 SF
Days on Market176
Property Features for 427 N College Avenue
General Information
- Standard status
- Pending
- Size
- 6,355 SF
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1959
Listing Agency
Mockingbird Real Estate Group
(479) 226-6451
Listed by
Christopher Hansen · License #EB00078197
(479) 226-6451
Source
Exitrealty
Added: Jan 23 Checked: Jul 17 at 3:27 am
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 Mockingbird Real Estate Group
Investment Insights
Based on property information with market context.
This commercial property offers an opportunity to integrate a business into the energetic environment of College Avenue. Expansive glass doors allow natural light to fill the space, creating an open and vibrant atmosphere. The modern design enhances curb appeal and provides a unique way to showcase products or services. The property offers a chance to become an integral part of the College Avenue community. The property size is 6,355 square feet. The owner would also consider a leasing option. The property is intended for storefront and retail use.
Key Highlights
- Prime location on College Avenue
- Expansive glass doors for natural light and display
- Sleek, modern design
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $114.4k | $18.00 |
| − Vacancy | −$7.5k | −$1.19 |
| EGI | $106.8k | $16.81 |
| − OpEx | −$32.1k | −$5.04 |
| NOI | $74.8k | $11.77 |
6,355 SF · lease $18.00/SF/yr · vacancy 6.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.07M
$934.9K – $1.25M
NOI $74,788 @ 7.0% cap · market cap 5.34%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.71M
$1.49M – $1.99M
NOI $119,405 @ 7.0% cap · market cap 8.53%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Storefront properties
Similar For Sale Nearby
Similar Off Market Nearby
- College Florist & Flower Delivery Fayetteville AR — 417 N College Ave, Fayetteville, AR 72701
- The Showcase Florist, Inc. — 1382 N College Ave, Fayetteville, AR 72701
- ZuZu's Petals & Gifts — 1206 N College Ave, Fayetteville, AR 72703
- Meus Floral — 100 W Center St Ste 104, Fayetteville, AR 72701
FAQs
What type of property is this?
Storefront property - Retail property on College Avenue with high visibility.
Where is this storefront property located?
The property is located at 427 N College Avenue Fayetteville, AR.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Prime location on College Avenue; Expansive glass doors for natural light and display; Sleek, modern design
