796 School Ave Fayetteville, AR 72701-6430
Property summary
This exceptional 6,626-square-foot retail property in Fayetteville, Arkansas, presents a unique investment opportunity. Located at 796 S School Ave, in the rapidly developing South Fayetteville area (SoFay), this single-tenant building boasts 12-foot high ceilings and a clear span interior, offering maximum flexibility for a variety of commercial uses. The property is essentially a "blank slate," requiring minimal interior demolition for repurposing, making it ideal for adaptive reuse. Ample parking is provided with 33 on-site spaces. Adding to its appeal is a park-like setting of approximately one-quarter acre located behind the building, offering a tranquil and attractive environment. The property benefits from an exceptional location, situated across the street from the South Yard project, a mixed-use development featuring 128 apartment units, retail, food and beverage establishments, and other businesses. Adjacent to the southwest are the Varsity House and Grove apartments, comprising a total of 224 units. Hundreds of new residential units are located immediately to the east and north, ensuring a strong customer base. The property's convenient location also places it within easy driving distance of downtown Fayetteville, Fayetteville High School, and the University of Arkansas. This property is offered with a Triple Net lease. The property is located in Washington County, Arkansas, zip code 72701.
Property profile
VerifiedCap rate & NOI
Current use
-
Big Box & Wholesale Store
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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