|
|
796 S School Ave 6,790 SF of Retail Space Available in Fayetteville, AR 72701
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 | 6,790 SF | 12’ | Negotiable | $16.00 /SF/YR $1.33 /SF/MO $172.22 /m²/YR $14.35 /m²/MO $9,053 /MO $108,640 /YR | Triple Net (NNN) |
1st Floor
Major Road Frontage, Near Trails, Neighborhood (Near Biking, Paved, Walking Trails) The building contains just under 6,700 sf, with 12' high ceilings and is clear span throughout. The building is a "blank slate" and can re-purposed with minimal interior demolition. 33 on-site parking spaces. Approx 1/4 acre park-like setting behind the building. Great location in rapidly growing SoFay (south Fayetteville). Across the street is the South Yard project, consisting of 128 apt units plus retail, food, & beverage, & other businesses. Adjacent to the SW are the Varsity House and Grove apartments, consisting of 224 units. Immediately to the east and north are hundreds of relatively new attached and detached housing units. Downtown Fayetteville, Fay High Sch. and the Univ of Arkansas are all just a short drive away.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Space is in Excellent Condition
- Central Air Conditioning
- Exposed Ceiling
- Finished Ceilings: 12’
- Display Window
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 | 6,790 SF | Gross Leasable Area | 6,790 SF |
| Property Type | Retail | Year Built | 2008 |
| Property Subtype | Freestanding | Parking Ratio | 4.86/1,000 SF |
| Total Space Available | 6,790 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 6,790 SF |
| Year Built | 2008 |
| Parking Ratio | 4.86/1,000 SF |
ABOUT THE PROPERTY
Major Road Frontage, Near Trails, Neighborhood (Near Biking, Paved, Walking Trails) The building contains just under 6,700 sf, with 12' high ceilings and is clear span throughout. The building is a "blank slate" and can re-purposed with minimal interior demolition. 33 on-site parking spaces. Approx 1/4 acre park-like setting behind the building. Great location in rapidly growing SoFay (south Fayetteville). Across the street is the South Yard project, consisting of 128 apt units plus retail, food, & beverage, & other businesses. Adjacent to the SW are the Varsity House and Grove apartments, consisting of 224 units. Immediately to the east and north are hundreds of relatively new attached and detached housing units. Downtown Fayetteville, Fay High Sch. and the Univ of Arkansas are all just a short drive away. This property is also for sale for $1,675,000.
- Pylon Sign
TRAFFIC
| COLLECTION STREET | CROSS STREET | TRAFFIC VOLUME | YEAR | Distance |
|---|---|---|---|---|
| S School Ave | W 9th St, N | 12,338 | 2021 | 0.14 mi |
| S School Ave | W Mlk Blvd, S | 17,808 | 2021 | 0.14 mi |
| S School Ave | W Martin Luther King Blvd, S | 21,000 | 2017 | 0.14 mi |
| 71 | W 9th St, N | 12,000 | 2020 | 0.14 mi |
| 71 | W Mlk Blvd, S | 16,000 | 2020 | 0.14 mi |
| Martin Luther King Jr Blvd | S Block Ave, E | 9,644 | 2021 | 0.18 mi |
| EMARTINLUTHERKINGBLVD | S Block Ave, E | 6,200 | 2020 | 0.18 mi |
| S School Ave | Prairie St, N | 17,038 | 2022 | 0.20 mi |
| Archibald Yell Blvd | S Locust Ave, W | 16,321 | 2022 | 0.25 mi |
| 71 | W South St, NE | 15,000 | 2020 | 0.25 mi |
NEARBY MAJOR RETAILERS
MAP
ADDITIONAL PHOTOS
796SSchoolAve(25of54)
796SSchoolAve(21of54)
Looking southwest
looking northeast
Looking west
Looking northwest
Looking north
Back park-like area
796SSchoolAve(18of54)
796SSchoolAve(11of54)
796SSchoolAve(20of54)
796SSchoolAve(15of54)
796SSchoolAve(14of54)