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Office Suite with Reception Area
New
For Lease
$21 SF/Yr

2592 N Gregg Avenue 16, Fayetteville, AR 72703

The existing plan includes five offices, a kitchenette, a restroom, and a dedicated reception space.

Space Size1,300 SF - 2,700 SF
Days on Market3

Property Features for 2592 N Gregg Avenue 16

General Information

Standard status Active
Size 1,300 SF - 2,700 SF
Net Rentable 1,300 SF

Space & Availability

Available Space 1,300-2,700 SF
Contiguous Space 2,700 SF
Divisible Yes
Space Use Office
Sublease No
Private Offices 5

Additional Details

Highway Access Yes

Amenities

signage
kitchenette

Building Details

Year Built 1997
Listing Agency: Select Real Estate Group
Listed By: Mitch Anderson · License #EB00056496
Source: Thesummithometeam
Added: Oct 5 Changed: Oct 6 Last Checked: Oct 6 at 2:43AM

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 Select Real Estate Group

Investment Insights

Based on property information with market context.

Suite 16 provides 1,300 square feet of office space in a building constructed in 1997. Its current configuration includes a lobby, a separate reception office, five additional offices, a kitchenette, and one bathroom. The space may be leased in its current condition or finished to tenant specifications, with the landlord open to discussing remodeling. An adjoining office suite is also available; the two spaces total 2,700 contiguous square feet, and plans to connect them may be considered.

The property fronts Gregg Avenue, where the ARDOT traffic count is 24,000. Nearby destinations include the caboose, Stone Mill Bread, the College Avenue business corridor, Washington Regional campus, NWA Mall, and the University of Arkansas. The office also has signage and access to a large parking lot, with I-49 nearby.

Key Highlights

  • 1,300 square feet in Suite 16
  • Layout includes a lobby, reception office, five additional offices, kitchenette, and one bathroom
  • Suite 22, with 1,400 square feet, is also available; together the suites total 2,700 contiguous square feet

Property Analytics

Current Use

Shelter Insurance Insurance Agency Matchstick Studio Marketing & Advertising Gene Chambers, PHD Physician Shelter Insurance - Monica ... Insurance Agency Select Management Group ... Property Management Company

Suggested Use

Top Pick HVAC Service Bakery Grocery & Convenience Store Plumbing Service (Bike/Boat/Book/etc) 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

Yes
Highway access
NNN (Triple Net)
Lease Type
$3.15 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,102
Businesses Nearby

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

$22.26 /SF/Yr
Avg Asking Price
$1.94–$69.9 /SF/Yr
Price Range
3,373 SF
Avg Space Size

This space is priced 6% below the average of $22.26 /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
Rey
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Frequently Asked Questions

What type of property is this?
Office units - The existing plan includes five offices, a kitchenette, a restroom, and a dedicated reception space.
Where is this office units located?
The property is located at 2592 N Gregg Avenue 16 Fayetteville, AR.
What is the lease rate?
The lease rate is $21 SF/Yr.
What are key features of this property?
This property features: 1,300 square feet in Suite 16; Layout includes a lobby, reception office, five additional offices, kitchenette, and one bathroom; Suite 22, with 1,400 square feet, is also available; together the suites total 2,700 contiguous square feet
More about this property
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