Description
Fantastic, cash flowing investment with huge upside. Units are currently leased well below market rates giving you the opportunity to increase lease rates as units turn. (If entire building is leased at $19 PSF yearly cash flow would more than double.) Professional space in the bustling mall area of Fayetteville. Suites 1 and 2 are owner occupied, owner will vacate in Spring of 2025. All other suites are leased NNN. Roof and HVAC are newer. The building has been updated over the years. Building currently receives a $60K per year tax credit from church lease (units 3-5). *DO NOT DISTURB TENANTS*
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0BEDS
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1.05ACRES
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0BATHS
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01/2 BATHS
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12,700SQFT
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$189$/SQFT
School Ratings & Info
Description
Fantastic, cash flowing investment with huge upside. Units are currently leased well below market rates giving you the opportunity to increase lease rates as units turn. (If entire building is leased at $19 PSF yearly cash flow would more than double.) Professional space in the bustling mall area of Fayetteville. Suites 1 and 2 are owner occupied, owner will vacate in Spring of 2025. All other suites are leased NNN. Roof and HVAC are newer. The building has been updated over the years. Building currently receives a $60K per year tax credit from church lease (units 3-5). *DO NOT DISTURB TENANTS*
© 2024 Northwest Arkansas Board of Realtors, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or McMullen Realty Group. Data last updated: 2024-12-10T12:26:19.607.
Listing provided by Blue Canopy Realty: 479-409-5499.