4083 N Shiloh Dr Fayetteville, AR 72703
- Retail space
- 12,968 SF
- 1.05 lot acres
Current Use by Public Records
- Brian Buell Eye Care / Physician
- Iglesia Peniel Internacional / Church
- Global Life Rejuvenation / Medical Clinic
- Essence Chiropractic / Alternative Medicine Practice
- Ozark Neurology / Medical Clinic
Property Details for 4083 N Shiloh Dr
- Year built
- 1982
- Lot size
- 1.05 lot acres
- Property size
- 12,968 SF
- Zone code
- C-2
- Property type
- Retail space
- APN
- 765-15602-000
- APU
- 76515602000
Description
This exceptional 12,700 square foot commercial building sits on a 1.05-acre lot in Fayetteville, Arkansas's thriving mall area. Currently generating significant income, this investment property presents a remarkable opportunity for substantial returns. The building comprises multiple suites, with several currently leased well below market rates, offering immediate potential for increased rental income. A complete lease-up at $19 per square foot annually would more than double the current cash flow. Suites 1 and 2 are owner-occupied and will be vacated in early Summer 2025, further enhancing future income potential. All other suites are leased on a triple net (NNN) basis, except for one 500 square foot unit. The property benefits from a $60,000 annual tax deduction resulting from a church lease agreement encompassing units 3-5. Recent upgrades include a newer roof and HVAC system, reflecting ongoing maintenance and improvements. The building's prime location and strong tenant base make this a compelling investment prospect with significant upside potential. The property is currently generating substantial cash flow, and the opportunity to increase rental rates and fully occupy the building offers a clear path to significantly enhanced profitability. Please note: Do not disturb tenants.
Value Estimations
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CAP approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Fayetteville
- County
- Washington
- State
- Arkansas
- Longitude
- -94.1466
- Latitude
- 36.1251
- CBSA code
- 22220
- CBSA name
- FAYETTEVILLE-SPRINGDALE-ROGERS, AR-MO METROPOLITAN STATISTICAL AREA