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3340 N College Ave 10,627 SF of Retail Space Available in Fayetteville, AR 72703
HIGHLIGHTS
- Great Location in North Fayetteville
- Abundance of parking
- Flexible retrofit
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- CEILING
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor, Ste 5 | 10,627 SF | 10’ - 12’ | 5-10 Years | $14.00 /SF/YR $1.17 /SF/MO $150.69 /m²/YR $12.56 /m²/MO $12,398 /MO $148,778 /YR | Net |
1st Floor, Ste 5
Great location in No. Fayetteville close to I49 and the major retail areas of the City. 2022 traffic count on College, 1 block south of the property, was 34,000 per day. Within the shopping center is the Village Inn, FedEx, Liquor World, 7Brew, and Bargain Brothers. Other businesses in the vicinity are Whole Foods, The Fiesta Square Shopping Center, Cain's Chicken, Chipolte, and many other small businesses. There is an abundance of parking immediately in front of the premises. The current use is for medical offices, with a number of examining rooms, staff support areas, etc.
- Lease rate does not include certain property expenses
- Fully Built-Out as Professional Services Office
- Located in-line with other retail
- Finished Ceilings: 10’ - 12’
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 | 10,627 SF | Total Land Area | 4.71 AC |
| Property Type | Retail | Year Built | 1965 |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 3.21/1,000 SF |
| Gross Leasable Area | 62,293 SF |
| Total Space Available | 10,627 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 62,293 SF |
| Total Land Area | 4.71 AC |
| Year Built | 1965 |
| Parking Ratio | 3.21/1,000 SF |
ABOUT THE PROPERTY
The property is located in a dynamic, high density commercial area. It is only minutes from the No Fayetteville retail and office center, the North Hills Medical Part, 3 large multi-family projects containing over 880 housing units, and the Interstate 49 freeway, connecting NW Arkansas to north of Kansas City, Missouri. There is an abundance of on-site parking. The Owner is willing to entertain a proposal for approximately 4,000 sf of the space with 55' of front-facing space, at a rate of $16.00/sf/yr.
NEARBY MAJOR RETAILERS
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3340 N College Ave
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