Christian Brothers Shop Sells for $3.1M (NWA Real Deals)

Christian Brothers Automotive at 2807 E. Joyce Blvd. in Fayetteville.

A Missouri investor paid $3.1 million for the Christian Brothers Automotive repair shop in Fayetteville.

Grand Villa Community LLC, led by C.S. Lindsey of Bois D’Arc, bought the 5,810-SF shop on East Joyce Boulevard. Arvest Bank in Rogers provided a $1.2 million loan. Christian Brothers, through CBH Properties Fayetteville LLC, was the seller. Based in Katy, Texas, the company paid $575,000 for the 0.92-acre site when it was a Happy Bays Car Wash in 2018.

Christian Brothers rezoned the lot in January 2018, had C.R. Crawford Construction demolish the car wash and took a $1.8 million construction loan to build the repair shop. Christian Brothers operates more than 200 in 30 states, according to the company’s website.

Williams Tractor

Lewis Automotive Group of Fayetteville paid $8 million for the site of Williams Tractor & Equipment.

Lewis bought the 19-acre property and 28,000 SF of warehouse and retail space through its subsidiary Lewis Brothers Leasing Co. Inc., led by Vice President Matt Lewis. Lewis also paid $850,000 for ABC Block & Equipment. The properties are adjacent to each other on North Shiloh Drive.

For the tractor property, Lewis Brothers took a $7.5 million mortgage from the seller, Westark Agricultural Enterprises Inc., led by Donald Williams.

Industrial Building

A northwest Arkansas attorney paid $2.75 million for a 67,000-SF industrial building in Springdale.

Sach Oliver, the managing partner of Oliver & Bailey Law Firm in Rogers, bought the building through his 910 Shaver St. LLC, named after the address of the property. MWI Animal Health, a veterinary supply company, is located at the site.

Fadil Bayyari, through his Fadil Bayyari Revocable Living Trust subsidiary, was the seller. Today’s Bank in Fayetteville assisted the purchase with a loan of $2.285 million.

Medical Office

A 8,900-SF medical office in Fayetteville sold for $2 million.

Jason Wilson, the CEO of Medical Associates of Northwest Arkansas, bought the property at 3352 N. Futrall Drive through his Materia Medica LLC.

The seller was Metaphase I LLC, led by Dan Bradford, an oncologist and the co-founder of Highlands Oncology Group, which has offices at the property.

College Creek Condos

A Colorado investor paid $1.675 million for Fayetteville’s College Creek Condos.

Colby Bowers of Steamboat Springs, through his College Creek Townhomes LLC, bought the 15-unit site on North Scull Creek Drive. Colony American Finance Lender LLC of Irvine, California, came through with a loan of $4 million.

College Creek Condos LLC, led by Dwayne Boggs of Shell Knob, Missouri, was the seller. Boggs acquired the property from First State Bank in Lonoke for $900,000 in 2012.

First State acquired the property earlier in 2012 through foreclosure from Bransen Harris of Van Buren.

Taco Bueno

A former Taco Bueno fast food restaurant sold for $1.5 million.

Jordan Jeter, through his Joyce QSR Holdings LLC, bought the 2,688-SF building on East Joyce in uptown Fayetteville. Jeter is a partner with Flake & Kelley Commercial Northwest in Springdale.

Restinvest III LLC, led by Richard Verity of Tulsa, was the seller. Simmons Bank in Fayetteville provided a $1.3 million loan.

Fayetteville Lot

Weight loss surgeon Joshua Roller paid $1.15 million for a 3.66-acre tract of commercial land in uptown Fayetteville.

The lot is at the northeast corner of Kitty Creek and Mud Creek trails, about a block south of East Joyce Avenue. Roller’s office, the Roller Weight Loss & Advanced Surgery clinic, is in the adjacent business park.

Roller bought the property through his JK Real Estate Development LLC.

The seller was Windsor Partners LLC, led by L. Wayne Britt of Fayetteville. IberiaBank of Bentonville assisted the purchase with a loan of $977,500.