Nunnally to Relocate Bentonville Chevy Dealership

Crossland Construction of Rogers recently purchased a building permit valued at $3.26 million for the construction of a car dealership to be located at 2700 SE Moberly Lane in Bentonville.

George Nunnally Chevrolet will eventually occupy the 6-acre lot. A total of 30,750 SF of buildings will be constructed. About 12,000 SF will be a sales area and 18,750-SF is to be the service center.

Nunnally will relocate his Chevrolet dealership from 4.39 acres on Walton Boulevard. That land is for sale.

A used car lot will be built to face 28th Street, and the new car lot, which will face Moberly, will have room for about 200 cars. Crossland is the general contractor.

Civil Design Engineers Inc. of Fayetteville is doing the dirt work. Hutcherson Plumbing & Air of Fort Smith is providing the mechanical contracting.

Nunnally owns the land through his G&S Property Management LLC. G&S paid Great Northwest Development LLC $1.46 million for 6 acres in January.

J.B. Hunt LLC, Tim Graham LLC and Schwyhart Holdings LLC are the registered agents of Great Northwest Development. G&S signed a  $1 million mortgage with Arvest Bank-Bentonville for the purchase of the land.

Construction is being funded by First Security Bank. The dealership is slated for a July opening.

 

Crestmont Estates

Scores Five Sales

Several homes in Fayetteville’s Crestmont Estates sold for a combined $1.66 million in October. Xiangyang Xie and Yixiao Gao purchased a home at 2753 N. Signet Place for $295,000, built by Riggins Construction Inc. on Oct. 29.

A new home at 2754 N. Signet Place and built by Riggins sold to Sean Corbin for $308,000 on Oct. 28.

Joseph and Debra Weimann purchased a home located at 2737 N. Signet Place for $319,000 from DTS Brokerage & Development LLC on Oct. 12.

A new home located at 2790 N. Signet Place built by DTS Brokerage & Development sold to Nathan and Shannon Bowers for $358,000 on Oct. 19.

Adam and Bethany Rutledge paid $384,000 for a home located at 2771 N. Signet Place on Oct. 15. It was built by Riggins Properties Inc.

 

Mathias Buys

UB Property

Sam Mathias, through his Mathias Shopping Centers Inc., purchased an 8,640-SF commercial building at 2112 SW Huntsville Ave. in Springdale.

Mathias paid United Bank of Springdale $715,000 for the building, foreclosed on in September of 2008.

The building, known as Universal Plaza/Bella Homes Realty, last appraised for $694,350 and was constructed in 2006.