Updated Oct 29, 2024
Maverick Investments Sells Commercial Property In Fayetteville, AR For $16.3M
2736 West McMillan Drive Fayetteville, Arkansas 72701, USA
$16,300,000
$371/SF
Building Size
43,919 SF
Asset Type
Commercial
Closing
Jun 7, 2023
About this deal
AI
Located at 2736 West McMillan Drive in Fayetteville, AR, this commercial property spans across 3.85 acres. The property was recently sold for a hefty sum of $16,300,000. With a total area of 43,919 square feet, the price per square foot comes out to be $371.
Summary of transaction details
- Property Type: Commercial
- Transaction Amount: $16,300,000
- Address: 2736 West McMillan Drive, Fayetteville, AR
- Market: Fayetteville, AR
- Size: 3.85 acres
- Square Footage: 43,919
- Price Per Square Foot: $371
The sale of this property was facilitated by Maverick Investments. They played a key role in representing the seller in this transaction. Their expertise and negotiations skills were instrumental in closing the deal successfully.
Players
Fayetteville Commercial Market Snapshot
Boundary boundary · Commercial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.97%
Cash-on-Cash
-0.28%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93