Office Space with Open
For Lease
$29 SF/Yr
516 E Millsap Road, Fayetteville, AR 72703
CommercialLease, Fayetteville, AR
Space Size3,786 SF - 7,508 SF
Lot Size1.81 Acres
Days on Market368
Property Features for 516 E Millsap Road
General Information
Property type
Commercial Lease
Property subtype
Office
Parking
95
Parking features
Parking Lot
Subdivision
CMN Business Park
Lot features
Business Park, City Lot
Directions
71B, West on Millsap, property on Right, two red brick buildings.
Standard status
Active
Size
3,786 SF
Lot size
1.81 Acres
Taxes and HOA fees
Expense value
9302
Expense
SecurityDeposit
Expense freq.
One Time
Building Details
Year built
2000
Floors in Building
2
Listing Agency:
Lindsey & Associates Inc
(479) 521-6611
Listed By:
Jeremy Kennedy · License #SA00059336
(479) 521-6611
Added: Aug 21, 2025
Changed: Aug 19
Last Checked: Aug 23 at 4:06PM
MLS# 1319084
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.
Office space located on the Millsap Commercial Corridor at 516 E Millsap Road in Fayetteville. The suite totals 3,786 SF and includes a reception area, break room, seven offices, a conference room, a large open workspace or cubicle area, and restrooms. The layout also offers potential to add additional contiguous space for a total of 7,508 SF.
Built in 2000, the property includes on-site parking in a parking lot. The building is positioned within a commercial corridor setting, supporting day-to-day business access for office tenants.
The interior mix of private offices, conference space, and an open work area is well suited to organizations that want both collaboration zones and dedicated rooms for meetings, management, or client-facing work.
Built in 2000, the property includes on-site parking in a parking lot. The building is positioned within a commercial corridor setting, supporting day-to-day business access for office tenants.
The interior mix of private offices, conference space, and an open work area is well suited to organizations that want both collaboration zones and dedicated rooms for meetings, management, or client-facing work.
Key Highlights
- 3,786 SF office suite with reception, break room, and restrooms
- Seven offices plus conference room
- Large open workspace or cubicle area
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$4.35 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,658
Businesses Nearby
Explore this area
Business Placement
Demographics for 72703, AR
33,767
Population
17,202
Households
2
Avg Household Size
33
Median Age
49%
College-Educated
96%
High-School Grad
40.2 sq mi
ZIP Area
840
Density / Sq Mi
$60,232
Median Household Income
$39,190
Median Earnings
$958
Median Rent
$341,700
Median Home Value
Market
Lease Benchmarks for Fayetteville, AR
$25.23 /SF/Yr
Avg Asking Price
$10–$69.9 /SF/Yr
Price Range
3,441 SF
Avg Space Size
This space is priced 15% above the average of $25.23 /SF/Yr.
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Office suite on the Millsap Commercial Corridor with reception, 7 offices, conference room, open workspace, and restrooms.
Where is this office units located?
The property is located at 516 E Millsap Road Fayetteville, AR.
What is the lease rate?
The lease rate is $29 SF/Yr.
What are key features of this property?
This property features: 3,786 SF office suite with reception, break room, and restrooms; Seven offices plus conference room; Large open workspace or cubicle area
