2868 W Martin Luther King Blvd - Medical FOR SALE


Fayetteville, AR 72704- West 62
$2,300,000 USD
501-590-6151
2868 W Martin Luther King Blvd, Fayetteville, AR for Sale
$2,300,000 USD
Medical - FOR SALE
1/16
null | 8.48% Cap Rate

2868 W Martin Luther King Blvd
Fayetteville, AR 72704
West 62


HIGHLIGHTS

  • Easy access to I-49.
  • Located on main commercial corridor.
  • High visibility/traffic count.
  • Move-in ready dental space.
  • 12 operatory spaces, Staff lounge, laboratory and X-ray.
  • 27 Parking spaces with additional space available for expanded parking.

OVERVIEW

This move in ready Dental Office is strategically located on MLK Blvd with high visibility and 46,000 vehicles per day (VPD) and just off I-49 with 73,000 vehicles per day (VPD) presents a premier investment opportunity. The building is currently vacant, however there are 2 years remaining on a NNN Lease by a high-credit corporate tenant. The property is being offered in two ways; 1) $2,300,000 with keeping the remaining Lease in place, 2) $2,100,000 without the current Lease. The property features a versatile layout with 12 exam/operatory rooms equipped with sinks, full cabinetry, plumbing and electric buildouts. The facility includes 4 professional offices, 2 handicap-accessible bathrooms, X-Ray area, large reception/waiting room, and a staff lounge with staff restroom. Designed for modern operations, the building offers 27 parking spaces with additional space available for possible expanded parking.

FOR SALE DETAILS

PRICE

$2,300,000 USD

PRICE/SF

$440 USD /SF

CAP RATE

8.48%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Drug Store, Storefront Retail/Office, Health Club

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2012

SPRINKLERS

-

PARKING SPACES

27

LAND DETAILS

LAND ACRES

0.95 AC

LAND SF

41,382 SF

ZONING

C-2

APN/PARCEL ID

765-10571-000,765-14707-000,765-14708-000

ASK ABOUT THIS PROPERTY

Paxton SingletonCommercial Realty, LLCMore Info
501-590-6151

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Paxton SingletonCommercial Realty, LLCMore Info
501-590-6151

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.