3300 M.l.k. Jr BlvdFayetteville, AR 72704

Property Details for 3300 M.l.k. Jr Blvd

Lot size

1.38 AC

Property size (Sq ft)

1,304 SF

Property type

Retail properties

Property subtype

Other retail properties

Description

This exceptional 1,304 square foot storefront, located at 3300 W Martin Luther King Jr Blvd in Fayetteville, Arkansas, presents a compelling investment opportunity. Situated on a 1.38-acre lot, this C-2 zoned property boasts approximately 232 feet of frontage on W Martin Luther King Jr Blvd, a high-traffic artery with a daily traffic count of 44,000 vehicles. The property enjoys superb visibility, positioned near major retailers such as Lowe's, Walmart, and Aldi, ensuring consistent foot traffic and brand recognition. Currently leased, generating $2,700 per month in rental income, increasing to $2,800 per month in December 2023, this property offers immediate return on investment. The building itself is well-maintained, featuring a new roof, air conditioning system, gutters, and siding. Its convenient location offers easy access to Interstate 49 and the University of Arkansas, further enhancing its appeal. The property backs up to the newly constructed Centennial Park, providing a pleasant backdrop and potential for increased foot traffic. This property is ideal for an investor seeking a stable income stream or a developer looking for redevelopment potential in a prime Fayetteville location. The asking price is $725,000. Zip code: 72704.

Location Insight

City

Fayetteville

County

Washington

State

Arkansas

Latitude

36.0509

Longitude

-94.2076

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