Cash flowing investment with a huge upside. Most units leased below market rates giving you the opportunity to increase rates as the leases turn. This professional all brick building is located in the bustling mall area of Fayetteville. Suite 1&2 are owner occupied through Spring, all other suites are NNN,… Read More with the exception of one 500sqft unit. 9 units total, fully occupied by 6 tenants, first lease available for turnover in April. Building has been updated over the years as tenants turn over and the roof and some heat/air units are newer. Building receives a $60,000 tax deduction for the Church occupying suites 3-5. Read Less
Courtesy of Dana McClelland, Blue Canopy Realty 479-409-5499
Listing Snapshot
Days Online
1
Last Updated
Property Type
Retail
Square Ft.
12,968
Lot Size
1.05 Acres
Year Built
1982
MLS Number
1333697
30 Days Snapshot Of 72703
$612k
+16%
(avg) sold price
17
-39%
homes sold
59
+13%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1982, Construction materials: Brick, 1 total story, Toal building area: 12968
Community
Shopping
Cooling
CentralAir, Electric
Floors
Carpet, Tile, Wood
Heating
Central, Gas
Income
Gross income: $115,200
Lot
1.05 acres, CentralBusinessDistrict, CityLot
Roof
Architectural, Shingle
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