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Retail Space in Strip Center
For Lease
$16 SF/Yr

3162 Martin Luther King Jr Boulevard, Fayetteville, AR 72704

CommercialLease, Fayetteville, AR

Space SizeContact for details
Days on Market106

Property Features for 3162 Martin Luther King Jr Boulevard

General Information

Property type Commercial Lease
Property subtype Retail
Lot features Central Business District, City Lot
Directions West on Hwy 62, half mile past Wal-Mart across the street from Lowe's.
Standard status Active
Size 2,500 SF

Taxes and HOA fees

Expense value 6667
Expense SecurityDeposit
Expense freq. One Time

Building Details

Year built 2006
Listing Agency: Mathias Real Estate
Listed By: Bleaux Barnes · License #PB00071263
Added: Jun 1 Changed: Sep 5 Last Checked: Sep 14 at 4:06PM
MLS# 1347977

Copyright © 2026 ArkansasONE MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 2,500-square-foot commercial suite is part of a strip-center property built in 2006. The space is positioned for retail, office, or service-oriented occupancy and includes access to on-site parking.

The property fronts Martin Luther King Jr Boulevard in Fayetteville, providing direct exposure along a well-traveled commercial corridor. Its location offers convenient access and daily traffic activity, with the surrounding setting supporting a range of customer-facing commercial uses.

Key Highlights

  • 2,500 square feet of commercial space
  • Located within a strip‑center property
  • Built in 2006

Property Analytics

Current Use

Retail space

Lease Details

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$2.40 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

258
Businesses Nearby
272k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 45% Shops & Services 20% Home Improvements & Furnishings 14% Groceries 8%
Walmart Superstores
123,044 visits/mo 0.2 miles
Lowe's Home Improvements & Furnishings
32,707 visits/mo 0.2 miles
Murphy USA Shops & Services
26,802 visits/mo 0.1 miles
Aldi Groceries
21,478 visits/mo 0.1 miles
Dollar Tree Shops & Services
14,224 visits/mo 0.5 miles

Demographics for 72704, AR

31,145
Population
14,098
Households
2.2
Avg Household Size
31
Median Age
55%
College-Educated
96%
High-School Grad
77.0 sq mi
ZIP Area
404
Density / Sq Mi
$88,991
Median Household Income
$51,341
Median Earnings
$1,163
Median Rent
$301,600
Median Home Value

Market

Lease Benchmarks for Fayetteville, AR

$22.5 /SF/Yr
Avg Asking Price
$10–$36 /SF/Yr
Price Range
4,521 SF
Avg Space Size

This space is priced 29% below the average of $22.5 /SF/Yr.

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Flexible commercial space with parking and access for retail, office, or service use.
Where is this retail space located?
The property is located at 3162 Martin Luther King Jr Boulevard Fayetteville, AR.
What is the lease rate?
The lease rate is $16 SF/Yr.
What are key features of this property?
This property features: 2,500 square feet of commercial space; Located within a strip‑center property; Built in 2006
More about this property
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