3300 M.l.k. Jr Blvd, Fayetteville, AR 72704
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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