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Newly Constructed Retail, STNL, Class-A Property in Fayetteville, AR

$8,250,000

3615 North Steele Boulevard, Fayetteville, AR 72703

Active
Last Updated: 04/24/2025

7

Cap Rate

24,925 sqft

Building Size

Details:
Cap Rate:    7%
Building Size:    24,925 sqft
Lot Area:    3.26 acres
Occupancy:    100%
Class:    A
Lease Type:    Triple Net
Year Built:    2016
Zoning:    C-1 Commercial
Tenancy:    Single
Parking Spots:    190
Year Last Renovated:    2022
Investment Strategy:    Opportunistic
Highlights:
  • Prime Location: Directly adjacent to major national retailers, restaurants, and lifestyle centers. Surrounded by high-end multi-family developments and just minutes from the University of Arkansas.
  • Established Venue: Operated as JJ’s Live, a well-known and high-performing entertainment concept with a regional draw.
  • Ample On-Site Parking: 190 on-site parking spaces—an exceptional amenity in this part of Fayetteville.
  • Modern Construction: Delivered in 2016, the building meets modern code, with efficient systems and a strong architectural presence.
  • Flexible Redevelopment Potential: Easily adaptable for owner-user, continued entertainment use, food & beverage, or national retail tenancy.
  • High-Traffic Corridor: Located just off Interstate 49, with traffic counts exceeding 30,000+ vehicles per day along N. Steele Blvd.
Description:

DWG Capital Group is pleased to present an exceptional opportunity to invest in GATE 52 (formerly known as SAVELIVE), a newly constructed STNL Class-A retail property, featuring a NNN National Tenant in the thriving tri-city Fayetteville, Arkansas—the proud home of the Razorbacks (University of Arkansas). This high-volume, thriving Class A Quick Service Restaurant (QSR) combines a live concert venue, restaurant, brewery, and headquarters into a single dynamic space. Priced competitively at $8,250,000, this property stands out in the market with a 7% cap rate, making it an attractive option for discerning investors seeking reliable returns.

The 24,925 SF property is for sale at $8,250,000 at an attractive 7% cap rate in the thriving college town of Fayetteville (Razorbacks), Arkansas. The hip, architecturally well-designed modern property is a two-story restaurant/brewery/concert venue situated on approximately 3.26 acres. First constructed in 2016, then expanded in 2021, the site was anchored by the popular long-term seasoned and statewide tenant, “JBGB Restaurant & Brewery” and the new event center portion JJ’s Live (acquired and integrated into GATE 52). Recently hosting a packed house to many country greats as well as Snoop Dog, Ice T, and others, the subject property was thriving over the last 4 years and is now with its brand new completed 10,000+ square foot LIVE venue expansion, it has even more so become a local and regional main attraction.

Map:
Documents:
Title
Gate52-SaveLive__Fayetteville__AR_Sale_Flyer.pdf
Gate_52-SAVELIVE_OM.pdf
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Location
Gallery