3615 N Steele Blvd Fayetteville, AR 72704
Class A retail property with national tenant in Fayetteville, Arkansas.
Type:Retail
Property size:
24,925 SFLot size:
3.26 AcresPrice / SF:
$308/SF- Added:
- Apr 11, 2022
- Days on Market:
- 1472
- Last Refresh:
- Mar 17 at 1:15 pm
Property Features for 3615 N Steele Blvd
General Information
- Standard status
- Active
- Size
- 24,925 SF
- Lot size
- 3.26 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 2016
Listing agent Judd Dunning License #CA 01520854
Listing office DWG Capital Group
Listing date Apr 11, 2022
Source Crexi
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 DWG Capital Group
Overview
Fayetteville Retail Investment Opportunity
This Class A retail property, formerly known as SAVELIVE, is a newly constructed, single-tenant net lease (STNL) asset located in Fayetteville, Arkansas. The property, known as GATE 52, functions as a high-volume quick-service restaurant (QSR) that combines a live concert venue, restaurant, brewery, and headquarters within a single space. Constructed in 2016 and expanded in 2021, the two-story building spans 24,925 square feet and is situated on 3.26 acres. The property benefits from a 20-year corporately guaranteed absolute net-net-net (NNN) lease with 16 years remaining, featuring 5% escalations every five years. The tenant has a proven track record across eight additional essential locations. Located at 3615 N. Steele St, the property is positioned within a dense retail corridor in Fayetteville, near a newly built Whole Foods Market and adjacent to major retailers like Target and Kohl's, a new bank, and a Walmart Supercenter. It is also near a Class A apartment complex. The location offers high visibility and foot traffic, with easy access to I-49 and I-79, connecting it to the Fayetteville/Bentonville/Rogers area within the Northwest Arkansas Tri-State Metropolitan Statistical Area (MSA).
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
PB&JJ's
Gym & Fitness Center
JJ's Live
Music Venue
Similar Places Nearby
- Noodles Italian Kitchen — 3748 Mall Ave, Fayetteville, AR 72703
Location Insight
- Map
- Local Demand
- City
- Fayetteville
- County
- Washington
- State
- Arkansas
- Longitude
- -94.1576205
- Latitude
- 36.1174277
Nearby Similar for Sale
FAQs
What type of property is this?
Restaurant - Class A retail property with national tenant in Fayetteville, Arkansas.
Where is this restaurant located?
The property is located at 3615 N Steele Blvd Fayetteville, AR.
What is the asking price?
The asking price for this property is $7,700,000.
What are key features of this property?
This property features: High‑volume Class A retail property featuring a restaurant, brewery, headquarters, and concert venue.; Corporately guaranteed absolute NNN lease with 16 years remaining and 5% escalations every five years.; Located in a high‑traffic urban commercial area near major retailers.
