Listing Agency: CBRE, Inc-Fayetteville m***@cbre.com Show Phone

Listed By: Hunter Groce · License #SA00083831 Show Phone

Source: Exprealty

Added: Apr 2, 2025 Changed: Sep 4 Last Checked: Sep 5 at 11:08AM

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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 CBRE, Inc-Fayetteville

Investment Insights

Based on property information with market context.

Located at 2828 N Mansfield Avenue in Fayetteville, Arkansas, the Pendergraft Building offers office space for rent. The property is situated at the entrance to Drake Farms and is identifiable by its stone facade. The available space measures 3186 square feet. From I-49, take exit 55 for Garland Ave, head east for approximately 1 mile, then turn right onto North Mansfield Ave. The Pendergraft Building will be on your right.

Key Highlights

• Located in Washington County.
• Built in 2021 (new construction).
• Easily accessible from I‑49 (Exit 55).

Property Analytics

Property Profile

Current Use

Office Units

Suggested Use

Top Pick Dental Office Kitchen & Bath Showroom Storage Facility Carpet & Flooring Store Daycare Center (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)

Lease Type

$5.02 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

1,930

Businesses Nearby

Explore this area Business Placement

Market

Lease Benchmarks for Fayetteville, AR

$23.14 /SF/Yr

Avg Asking Price

$5.06–$69.9 /SF/Yr

Price Range

3,566 SF

Avg Space Size

This space is priced 45% above the average of $23.14 /SF/Yr.

Vacancy Rate% for Office in South region

14.4% 2019

16.4% 2020

17.3% 2021

18% 2022

18.6% 2023

20.3% 2024

20.2% 2025

Questions? Ask Rey

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What type of property is this? Where is this office units located? What is the lease rate? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Office units - Office space available in Fayetteville's Pendergraft Building.

Where is this office units located?

The property is located at 2828 N Mansfield Ave Fayetteville, AR.

What is the lease rate?

The lease rate is $33.50 SF/Yr.

What are key features of this property?

This property features: Located in Washington County.; Built in 2021 (new construction).; Easily accessible from I‑49 (Exit 55).