193 Fantinel Dr, Tontitown, AR 72762
7,810 SF | Retail Building | Tontitown, AR 72762 | $5,955,000 ($762/SF) | 6.75% Cap Rate
For Sale
Active
Asking Price $5,955,000
- Property Type
-
Retail
- Square Feet
- 7,810 SF
- Price / Square Foot
- $762
Listing Contacts
Katherine Weaver
Property Overview
Pegasus Investments Real Estate Advisory Inc. and Flake & Company, LLC, as exclusive investment sales advisors to Seller, are pleased to offer the opportunity to acquire the fee simple interest (land & building) in a Goddard School located in Springdale, Arkansas (the “Property”). Springdale is part of the rapidly expanding Northwest Arkansas MSA, which includes Bentonville, Fayetteville, and Rogers, and is home to Walmart’s Corporate Headquarters and several other Fortune 500 companies.
The Property is leased on a 100% absolute triple net (NNN) basis to a strong multi-unit operator (the “Tenant”). Goddard School (“Goddard”) is a best-in-class early childhood education network with over 600+ locations in the USA. The large, 1.2-acre parcel and 8,875 SF building provide operational efficiencies for the Tenant and attractive fungibility for investors within the early childhood education market.
The Property is located within one of the fastest-growing pockets of Springdale, which has experienced 55% population growth in the last decade within a 3-mile radius. Further, it is surrounded by robust demographics, with an average annual household income of $133,000 within a 1-mile radius.
Further, the Property’s central location is close to many of the region’s large corporate employers, the University of Arkansas, and significant cultural institutions. Springdale is ranked the 7th Best Place to Live in the USA (U.S. News & World Report) due to its high quality of life, exceptional job market, and low cost of living. The region is well-positioned to continue its path of unprecedented growth, underscoring the Property’s robust real estate fundamentals.
The Property is leased on a 100% absolute triple net (NNN) basis to a strong multi-unit operator (the “Tenant”). Goddard School (“Goddard”) is a best-in-class early childhood education network with over 600+ locations in the USA. The large, 1.2-acre parcel and 8,875 SF building provide operational efficiencies for the Tenant and attractive fungibility for investors within the early childhood education market.
The Property is located within one of the fastest-growing pockets of Springdale, which has experienced 55% population growth in the last decade within a 3-mile radius. Further, it is surrounded by robust demographics, with an average annual household income of $133,000 within a 1-mile radius.
Further, the Property’s central location is close to many of the region’s large corporate employers, the University of Arkansas, and significant cultural institutions. Springdale is ranked the 7th Best Place to Live in the USA (U.S. News & World Report) due to its high quality of life, exceptional job market, and low cost of living. The region is well-positioned to continue its path of unprecedented growth, underscoring the Property’s robust real estate fundamentals.
Property Details
- Class
- B
- Year Built
- 2024
- Stories
- 1
- Property Subtype
- Day Care Facility/Nursery
- Lot Size (sq. ft)
- 44,867 SF
Highlights
- Long-Term Absolute Triple Net Lease with Strong Rental Growth: 15-Year Lease, Zero Landlord Responsibilities
- The Goddard School is the Largest & Most Awarded Early Childhood Education Provider: 600+ Locations Nationally
- State-of-the-Art Facility: Class-A, Brand-New Construction Build-to-Suit
- High-Growth Northwest Arkansas (NWA) Metro: Home to several high-profile Fortune 500 Companies
- University of Arkansas - Just 25 minutes from Walmart’s New World Headquarters
- Strong Demographics: $133,000 1-Mile AHHI and 55% Population Growth in Last Decade within a 3-Mile Radius
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