Einstein Bros. Bagels | 1500 N College Ave
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Einstein Bros. Bagels 1500 N College Ave
3,036 SF Retail Building Fayetteville, AR 72703 £1,165,020 (£384/SF) 5.75% Net Initial Yield
Investment Highlights
- Early 15-Year Double-Net (NN) Lease Extension – Demonstrating Very Strong Commitment to this Location
- Two (2), Five (5)-Year Tenant Renewal Options
- Ten Percent (10%) Rental Increases Occurring Every Five (5) Years
Executive Summary
NNN Pro Group is pleased to present the exclusive Listing for an Einstein Bros. Bagels located at 1500 N State Street in Fayetteville, AR. The site consists of roughly 3,063 rentable square feet of building space on estimated 0.06-acre parcel of land. This Einstein Bros. Bagels is subject to a new 15-year double-net (NN) lease extension, which commenced July 1st, 2024. The current annual rent is $85,632 and is scheduled to increase by 10% every 5 years.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
3,036 SF
Building Class
B
Year Built
2010
Price
£1,165,020
Price Per SF
£384
Net Initial Yield
5.75%
NOI
£66,993
Tenancy
Single
Number of Floors
1
Building FAR
1.21
Lot Size
0.06 AC
Zoning
C-2
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 765-28591-000 | Improvements Assessment | £106,578 |
| Land Assessment | £0 | Total Assessment | £106,578 |
PROPERTY TAXES
Parcel Number
765-28591-000
Land Assessment
£0
Improvements Assessment
£106,578
Total Assessment
£106,578
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Einstein Bros. Bagels | 1500 N College Ave
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