For Sale
$725,000

3300 Martin Luther King Jr BlvdFayetteville, AR 72704

High-traffic location, income-producing retail space.

Overview

Added:
Dec 11, 2024
Days on market:
119
This exceptional 1,304 square foot retail property, located at 3300 W Martin Luther King Jr Blvd in Fayetteville, Arkansas, presents a compelling investment opportunity. Situated on a 1.38-acre lot with approximately 232 feet of frontage on W MLK Jr Blvd, this C-2 zoned property boasts superb visibility and high traffic counts (44,000 cars per day). Its prime location offers easy access to I-49 and the University of Arkansas, placing it within minutes of a large and diverse customer base. The property is conveniently located near major retailers such as Lowe's, Walmart, and Aldi, further enhancing its appeal and potential for success. Currently generating a monthly income of $2,700 (increasing to $2,800 in December 2023), this property offers immediate return on investment. The building itself is well-maintained, featuring a new roof, AC system, gutters, and siding. Its proximity to the newly constructed Centennial Park adds to its desirability. This property is ideal for an investor seeking a strong, income-producing asset with potential for redevelopment or continued operation as a thriving retail space. The asking price is $725,000. This is a rare opportunity to acquire a well-positioned retail property in a rapidly growing area.

Highlights

  • 232 feet of frontage on W MLK Jr Blvd, 44,000 cars per day.
  • High visibility near Lowe's, Walmart, and Aldi.
  • Current lease: $2,700/month, increasing to $2,800/month in December 2023.
  • Recently renovated with new roof, AC, gutters, and siding.

Property Details for 3300 Martin Luther King Jr Blvd

Property type
Retail properties
Square Feet
1,304 SF
Lot Size (sq. ft)
60,113 SF

Location Insight

City
Fayetteville
County
Washington
State
Arkansas
Latitude
36.05091
Longitude
-94.2075654
3300 Martin Luther King Jr Blvd, Fayetteville, Arkansas

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3300 Martin Luther King Jr Blvd
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