Retail Space Under
For Lease
$24 SF/Yr
1221 S School Avenue, Fayetteville, AR 72701
Planned upgrades include refreshed exterior finishes, updated interiors, and improved building systems.
Space SizeContact for details
Property Size4,274 SF
Days on Market247
Property Features for 1221 S School Avenue
General Information
Standard status
Active
Size
4,274 SF
Lease Term
36 Months
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Available From
2026-Q4
Taxes and HOA fees
Annual Taxes
$7,560
Building Details
Building Size
4,274 SF
Year Built
2009
Stories
1
Listing Agency:
Hat Rack Real Estate
(479) 305-9960
Listed By:
Christopher Allcorn · License #SA00089658
(479) 466-8829
Source:
Beaverlakerealty
Added: Feb 18
Changed: Oct 22
Last Checked: Oct 22 at 2:40PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Hat Rack Real Estate
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Investment Insights
Based on property information with market context.
This 4,274-square-foot retail property, built in 2009, is scheduled for a comprehensive renovation with delivery in Q4 2026. Planned work covers the exterior, interior finishes, and building systems. Restaurant, retail, and office uses are identified for the space, with Fossil Cove set to occupy the rear portion of the building.
The property fronts South School Avenue (US-71B) in Fayetteville, with access to MLK Boulevard, downtown, and I-49.
The property fronts South School Avenue (US-71B) in Fayetteville, with access to MLK Boulevard, downtown, and I-49.
Key Highlights
- 4,274 square feet of retail space
- Renovation delivery scheduled for Q4 2026
- Fossil Cove to occupy the rear portion of the building
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$3.60 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
475
Businesses Nearby
89k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 60%
Shops & Services 40%
Walmart Neighborhood Market
Groceries
53,869 visits/mo
0.5 miles
Kum & Go
Shops & Services
26,976 visits/mo
0.4 miles
O'Reilly Auto Parts
Shops & Services
4,322 visits/mo
0.4 miles
Phillips 66
Shops & Services
4,055 visits/mo
0.2 miles
Demographics for 72701, AR
48,269
Population
20,057
Households
2.4
Avg Household Size
28
Median Age
42%
College-Educated
93%
High-School Grad
126.0 sq mi
ZIP Area
383
Density / Sq Mi
$50,413
Median Household Income
$27,305
Median Earnings
$973
Median Rent
$323,900
Median Home Value
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Market
Lease Benchmarks for Fayetteville, AR
$23.58 /SF/Yr
Avg Asking Price
$10–$42 /SF/Yr
Price Range
4,730 SF
Avg Space Size
This space is priced 2% above the average of $23.58 /SF/Yr.
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - Planned upgrades include refreshed exterior finishes, updated interiors, and improved building systems.
Where is this retail space located?
The property is located at 1221 S School Avenue Fayetteville, AR.
What is the lease rate?
The lease rate is $24 SF/Yr.
What are key features of this property?
This property features: 4,274 square feet of retail space; Renovation delivery scheduled for Q4 2026; Fossil Cove to occupy the rear portion of the building
