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3113 Technology Way, Fayetteville, AR 72704

Pre-leasing is underway for a planned Fayetteville development with retail, restaurant, and service-oriented space.

Property Size30,000 SF
Price / SF$0.00
Days on Market85

Property Features for 3113 Technology Way

General Information

Standard status Active
Size 30,000 SF
Property subtype Commercial

Additional Details

Highway Access Yes

Building Details

Year Built 2027
Listing Agency: Lindsey & Associates Inc
Listed By: Brooke Hernandez
Source: District3
Added: Jul 27 Changed: Oct 15 Last Checked: Oct 16 at 8:42AM

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 Lindsey & Associates Inc

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Investment Insights

Based on property information with market context.

A 30,000-square-foot retail development is planned at 3113 Technology Way in Fayetteville, with delivery estimated for Fall 2027. The project is intended to accommodate retail, restaurant, and service concepts, offering new construction space for businesses seeking a Fayetteville location.

The site is positioned just off I-49 between the Wedington and MLK exits, with access to regional routes. The University of Arkansas is minutes away, while Centennial Park and the Fayetteville trail system are adjacent to the property. Axis on Futrall, a completed 658-bed student housing community, is also nearby, adding residential density to the surrounding area.

Key Highlights

  • 30,000 SF of planned new construction retail space
  • Estimated delivery in Fall 2027
  • 3113 Technology Way, Fayetteville, AR 72704

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$353,052
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,061,040 $7.1M
Cap Rate 7%
$5,043,600 $5.0M
Cap Rate 9%
$3,922,800 $3.9M
Market Conditions
NOI Build-Up for 30,000 SF
Gross rent
$540.0K $18.00/SF
− Vacancy
−$35.6K −$1.19/SF
EGI
$504.4K $16.81/SF
− OpEx
−$151.3K −$5.04/SF
NOI
$353.1K $11.77/SF
Area
Washington County, AR
Vacancy
6.60%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,061,040
Cap Rate 7%
$5,043,600
Cap Rate 9%
$3,922,800

Alternative Uses

Best Use
Retail
$5.04M
$4.41M – $5.88M (±1% cap)
NOI $353,052 @ 7.0% cap · market cap 1,217,420.69%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$8.05M
$7.05M – $9.39M (±1% cap)
NOI $563,674 @ 7.0% cap · market cap 1,943,703.45%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Law Firm Big Box & Wholesale Store Auto Repair Shop Auto Parts Store Real Estate Agency HVAC Service

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

Location Intelligence

Trade Area within ½ mile

76
Businesses Nearby
12k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Kum & Go Shops & Services
11,863 visits/mo 0.5 miles

Demographics for 72704, AR

31,145
Population
14,098
Households
2.2
Avg Household Size
31
Median Age
55%
College-Educated
96%
High-School Grad
77.0 sq mi
ZIP Area
404
Density / Sq Mi
$88,991
Median Household Income
$51,341
Median Earnings
$1,163
Median Rent
$301,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Retail space - Pre-leasing is underway for a planned Fayetteville development with retail, restaurant, and service-oriented space.
Where is this retail space located?
The property is located at 3113 Technology Way Fayetteville, AR.
What are key features of this property?
This property features: 30,000 SF of planned new construction retail space; Estimated delivery in Fall 2027; 3113 Technology Way, Fayetteville, AR 72704
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