Property profile

745 East Joyce Blvd Fayetteville, AR 72703

FOR LEASE
Community centers
Property ID
US05-0833097
63,408 SF 3.92 ac lot Built 2006
Entity Owned 20-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 5,222 square foot retail space is available for lease at 745 E Joyce Blvd in Fayetteville, Arkansas, within Washington County. The property boasts a single-tenant occupancy, offering a blank canvas for a wide range of commercial ventures. The entire building is currently vacant, presenting a unique opportunity for a business to establish a significant presence in a desirable location. The building features an elevator, adding convenience and accessibility for both employees and customers. Situated in Fayetteville, Arkansas, this property benefits from a strong local economy and a vibrant community. The address, 745 E Joyce Blvd, provides excellent visibility and accessibility, with ample space for both internal operations and customer parking (parking details not provided). The property's classification as commercial retail ensures its suitability for a diverse range of businesses, from restaurants and boutiques to service providers and offices. The building's size and layout offer flexibility in design and configuration to meet the specific needs of a prospective tenant. This is an ideal opportunity for a business seeking a prominent location in a thriving Arkansas city. The property is ready for immediate occupancy. Further details regarding lease terms and conditions are available upon request.

Property profile

Verified
Property type Community centers
Use group MINI-MALL
Year built 2006
Total area 63,408 SF
Lot 3.92 ac (170,625 SF)
Zoning code C-2
APN 765-15710-000
UPID US05-0833097

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store
  • (Bike/Boat/Book/etc) Store
  • Dental Office
  • Dental Office
  • Clothing & Fashion Store

Location

745 East Joyce Blvd Fayetteville, AR 72703
Fayetteville metro Census 10511 FAYETTEVILLE-SPRINGDALE-ROGERS, AR-MO METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$890k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.51M
Blend (final) Blend
$1.20M

Owner & transaction history

since 2005
2 recorded transactions
2005
Price N/A
2005
Price N/A

Zoning & alternative use

C-2 · Fayetteville, AR
Zoning description

The Thoroughfare Commercial District is designed especially to encourage the functional grouping of these commercial enterprises catering primarily to highway travelers. The intent of this district is to allow administra…

General category COMMERCIAL
Top alternative use upside
Warehouse, storage $1.9M +48.5%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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