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University Village Center 1545 W 15th St 1,850 - 4,884 SF of Retail Space Available in Fayetteville, AR 72701
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 6 | 1,850 SF | Negotiable | $18.00 /SF/YR $1.50 /SF/MO $193.75 /m²/YR $16.15 /m²/MO $2,775 /MO $33,300 /YR | Triple Net (NNN) | ||
| 2nd Floor, Ste 4 | 3,034 SF | Negotiable | $16.00 /SF/YR $1.33 /SF/MO $172.22 /m²/YR $14.35 /m²/MO $4,045 /MO $48,544 /YR | Triple Net (NNN) |
1545 W 15th St - 1st Floor - Ste 6
• Directly across from Baum Stadium • Conveniently located near the University of Arkansas and adjacent to student residences • Move-in ready for retail or light restaurant concepts
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
1545 W 15th St - 2nd Floor - Ste 4
• Move-in ready restaurant space with outdoor patio • Last space left in University Village Shopping Center • Directly across from Baum Stadium • Within close proximity of the University of Arkansas and student housing • Surrounded by numerous apartment complexes and hotels
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 4,884 SF | Frontage | 721’ on 15th St |
| Center Type | Neighborhood Center | Gross Leasable Area | 17,360 SF |
| Parking | 185 Spaces | Total Land Area | 4.42 AC |
| Center Properties | 2 | Year Built | 2009 |
| Total Space Available | 4,884 SF |
| Center Type | Neighborhood Center |
| Parking | 185 Spaces |
| Center Properties | 2 |
| Frontage | 721’ on 15th St |
| Gross Leasable Area | 17,360 SF |
| Total Land Area | 4.42 AC |
| Year Built | 2009 |
ABOUT THE PROPERTY
Discover University Village Shopping Center, ideally situated across from Baum Stadium. This prime location is in close proximity to the University of Arkansas and student housing, making it a focal point of vibrant student life. Surrounded by numerous apartment complexes and hotels, this move-in-ready restaurant space with an outdoor patio offers an exceptional opportunity to become a culinary destination in this bustling area. With its strategic positioning and high foot traffic, this space presents an enticing prospect for restaurateurs seeking to establish a standout dining experience in the heart of Fayetteville.
- Pylon Sign
NEARBY MAJOR RETAILERS
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University Village Center | 1545 W 15th St
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