For Sale
$2,760,247

608 Dickson StFayetteville, AR 72701

Prime Retail Investment: Strong Tenant, High ROI.

Overview

Added:
Dec 11, 2024
Days on market:
125
Offered for sale is a Class A, 3,194 square foot, freestanding Chase Bank building located at 608 W Dickson St, Fayetteville, AR 72701. This stabilized investment property features a triple-net (NNN) lease with a credit-rated, corporate-guaranteed tenant. The 10-year lease commenced December 6, 2022, and has a remaining term of 8 years, expiring December 6, 2032. The property boasts a 4.05% cap rate and a strong net operating income (NOI) of $111,790. The asking price is $2,760,247, translating to $864.20 per square foot. Built in 2022, the property underwent a complete interior buildout and benefits from 10% rental escalations every five years. This is the first Chase Bank branch in Northwest Arkansas, situated near the University of Arkansas (30,936 students), the Dickson Street entertainment district, Walton Arts Center, and the campus. The location offers excellent visibility on West Dickson Street, a road with 23,000 vehicles per day. The property sits on approximately 0.24 acres of land and enjoys 100% occupancy since its opening date of December 6, 2022. This represents a unique opportunity to acquire a high-performing asset in a rapidly growing market.

Highlights

  • Investment opportunity: Northwest Arkansas Chase Bank branch.
  • Triple-net lease with 10% rent escalations every five years.
  • Prime location adjacent to the University of Arkansas (30,936 students).
  • 2022 construction with complete interior build-out.
  • Walkable to Dickson Street entertainment, Walton Arts Center, and campus.
  • High visibility on West Dickson Street (23,000 VPD).

Property Details for 608 Dickson St

Property type
Retail properties, Banks
Square Feet
3,194 SF
Class
A
Year Renovated
2022

Location Insight

City
Fayetteville
County
Washington
State
Arkansas
Latitude
36.0667667
Longitude
-94.1670112
608 Dickson St, Fayetteville, Arkansas

FAQs

What type of property is this?
Retail property - Prime Retail Investment: Strong Tenant, High ROI.
Where is the retail property located?
The property is located at 608 Dickson St Fayetteville, AR.
What is the asking price?
The asking price for this property is $2,760,247.
What are key features of this property?
This property features: Investment opportunity: Northwest Arkansas Chase Bank branch.; Triple-net lease with 10% rent escalations every five years.; Prime location adjacent to the University of Arkansas (30,936 students).
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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608 Dickson St
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