3300 Martin Luther King Jr Blvd Fayetteville, AR 72704

Property Details for 3300 Martin Luther King Jr Blvd

Lot size

1.38 lot acres

Property size

1,304 SF

Property type

Retail properties

Description

This exceptional 1,304 square foot retail property, located at 3300 W Martin Luther King Jr Blvd in Fayetteville, Arkansas, presents a compelling investment opportunity. Situated on a 1.38-acre lot with approximately 232 feet of frontage on W MLK Jr Blvd, this C-2 zoned property boasts superb visibility and high traffic counts (44,000 cars per day). Its prime location offers easy access to I-49 and the University of Arkansas, placing it within minutes of a large and diverse customer base. The property is conveniently located near major retailers such as Lowe's, Walmart, and Aldi, further enhancing its appeal and potential for success. Currently generating a monthly income of $2,700 (increasing to $2,800 in December 2023), this property offers immediate return on investment. The building itself is well-maintained, featuring a new roof, AC system, gutters, and siding. Its proximity to the newly constructed Centennial Park adds to its desirability. This property is ideal for an investor seeking a strong, income-producing asset with potential for redevelopment or continued operation as a thriving retail space. The asking price is $725,000. This is a rare opportunity to acquire a well-positioned retail property in a rapidly growing area.