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    1040 Stearns St Fayetteville, AR 72703

    For Lease
    $26 SF/Yr ($14,625 /Mo)

    Prime Fayetteville retail/office, fully vacant, ready to renovate.

    Lot size:
    6,750 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 6,750-square-foot retail space at 1040 E Stearns Street in Fayetteville, Arkansas, presents a unique investment opportunity. Currently vacant, this single-tenant building offers complete flexibility for customization. Located in Washington County, the property boasts a highly visible location near the intersection of E Joyce Blvd and N College Avenue, placing it within Fayetteville's thriving business and shopping district. Its proximity to the Northwest Arkansas Mall and other major retailers ensures high foot traffic and excellent brand visibility. The surrounding area is densely populated with residential neighborhoods, including new developments, providing a strong customer base. The building is slated for a complete renovation, featuring a modern exterior facade, enhancing its curb appeal and market value. The property's size allows for a variety of uses, making it ideal for medical offices, retail businesses, or a combination thereof. With its strategic location, upcoming renovations, and ample square footage, this property represents a compelling opportunity for businesses seeking a prominent presence in a rapidly growing area. The property is zoned for retail use and has a total building size of 6,750 square feet, all of which is currently vacant. The address is 1040 E Stearns St, Fayetteville, AR 72703.

    Property Features for 1040 Stearns St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    6,750 SF
    Total Rate
    14625

    Unit(s) available at that property

    Space
    Size
    6,750 SF
    Rate per SF
    $26

    HighLights

    • 6,750 square feet available for lease in Fayetteville, AR.
    • High visibility and frontage on E Joyce Blvd.
    • New exterior facade.
    • High traffic count (30,000 cars daily) near major intersection.
    • Pylon signage opportunity at E Joyce Blvd and N College Ave intersection.
    • Ample, well‑lit parking.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fayetteville
    County
    Washington
    State
    Arkansas
    Longitude
    -94.1424839
    Latitude
    36.1238666

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    FAQs

    What type of property is this?
    Retail property - Prime Fayetteville retail/office, fully vacant, ready to renovate.
    Where is this retail property located?
    The property is located at 1040 Stearns St Fayetteville, AR.
    What is the lease rate?
    The lease rate is $26 SF/Yr.
    What are key features of this property?
    This property features: 6,750 square feet available for lease in Fayetteville, AR.; High visibility and frontage on E Joyce Blvd.; New exterior facade.
    Request Owner's contact information
    1040 Stearns St Fayetteville, AR 72703
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1040 Stearns St Fayetteville, AR 72703
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