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Downtown Retail Space
For Lease
$22.50 SF/Yr

145-509 W Spring St, Fayetteville, AR 72701

Near the University of Arkansas, the space sits among restaurant, nightlife, beauty, and specialty retail operators.

Space SizeContact for details
Days on Market59

Property Features for 145-509 W Spring St

General Information

Standard status Active
Listing Agency: Moses Tucker Partners-Bentonville Branch
Listed By: Zack Kifer · License #SA00076575
Source: Exprealty
Added: Jun 15 Changed: Aug 10 Last Checked: Aug 11 at 12:59PM

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 Moses Tucker Partners-Bentonville Branch

Investment Insights

Based on property information with market context.

This retail space is located at 145-509 W Spring St in Fayetteville, within the downtown Cultural Arts Corridor. Its setting places the property near Dickson Street and within a short walk of the University of Arkansas.

The surrounding area includes more than 3,000 student housing beds within 0.5 miles, with another 1,000 beds in development. Nearby operators include Prelude Breakfast Bar, Rolando’s Restaurante, Artemis Lounge, Botanical at Metro District, Crown Beauty Bar, Club 509, Hanky Panky Burgers, and CBD American Shaman Kava Bar.

Key Highlights

  • Located in Fayetteville’s downtown Cultural Arts Corridor
  • Short walk from the University of Arkansas
  • Near Dickson Street

Property Analytics

Current Use

Retail space

Suggested Use

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

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
$3.38 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,930
Businesses Nearby
23k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 92% Dining 8%
Shell Shops & Services
12,158 visits/mo 0.4 miles
Arvest Bank Shops & Services
5,559 visits/mo 0.2 miles
AutoZone Shops & Services
3,639 visits/mo 0.4 miles
Papa John's Pizza Dining
1,882 visits/mo 0.5 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

Market

Lease Benchmarks for Fayetteville, AR

$22.81 /SF/Yr
Avg Asking Price
$10–$39 /SF/Yr
Price Range
4,522 SF
Avg Space Size

This space is priced 1% below the average of $22.81 /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
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Frequently Asked Questions

What type of property is this?
Retail space - Near the University of Arkansas, the space sits among restaurant, nightlife, beauty, and specialty retail operators.
Where is this retail space located?
The property is located at 145-509 W Spring St Fayetteville, AR.
What is the lease rate?
The lease rate is $22.50 SF/Yr.
What are key features of this property?
This property features: Located in Fayetteville’s downtown Cultural Arts Corridor; Short walk from the University of Arkansas; Near Dickson Street
More about this property
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