OFFERING SUMMARY
List Price: $1,285,714
NOI: $90,000
Cap Rate: 7.0%
Gross Leasable Area: 3,000 SF
Lot Size: 0.48 Acre
Year Built: 2015
OFFERING HIGHLIGHTS
- Double Net Lease Guaranteed by Largest AT&T Franchisee in the U.S.
- Strong Location near University of Arkansas
- Four Years Remaining in Current Term, with Attractive Renewal Options
INVESTMENT OVERVIEW
Marcus & Millichap is pleased to present this double net AT&T location in Fayetteville, Arkansas. Located just west of the University of Arkansas, the retail store sits on the primary thoroughfare across southwest Fayetteville. The subject property has over four years remaining in its current lease term and three five-year options to follow, each with strong rental bumps. This location was built specifically for AT&T in 2015 in a highly synergistic retail area, which has seen encouraging population growth over the past few decades.
