High-Visibility Strip Center
For Lease
$16 SF/Yr
3162 Martin Luther King Jr Boulevard, Fayetteville, AR 72704
COMMERCIAL - Fayetteville, AR
Space SizeContact for details
Days on Market96
Property Features for 3162 Martin Luther King Jr Boulevard
General Information
Property type
Commercial Lease
Property subtype
Office
Lot features
Central Business District, City Lot
Directions
W on Hwy 62, half mile past Wal-Mart, across the street from Lowe's.
Standard status
Active
Size
2,173 SF
Taxes and HOA fees
Expense value
5795
Expense
SecurityDeposit
Expense freq.
One Time
Amenities
convenient access
ample parking
Building Details
Year built
2006
Listing Agency:
Mathias Real Estate
(479) 251-9400
Listed By:
Bleaux Barnes · License #PB00071263
(479) 530-9320
Added: Jun 1
Changed: Aug 4
Last Checked: Sep 4 at 12:06AM
MLS# 1347970
Copyright © 2026 ArkansasONE MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Available for lease is a versatile commercial space within a high-visibility strip center at 3162 Martin Luther King Jr Boulevard in Fayetteville, Arkansas (Washington County). The listing describes the suite as suitable for retail, office, or service industry uses, with convenient access and strong exposure.
The property is positioned along MLK Jr Blvd and is marketed as having ample parking and strong daily traffic counts, supporting visibility for customer-facing operations. The total available area is listed as 2,173 square feet.
This offering is presented as a straightforward leasing opportunity in a retail-focused center, with access and parking called out in the remarks for ease of customer and employee arrival.
The property is positioned along MLK Jr Blvd and is marketed as having ample parking and strong daily traffic counts, supporting visibility for customer-facing operations. The total available area is listed as 2,173 square feet.
This offering is presented as a straightforward leasing opportunity in a retail-focused center, with access and parking called out in the remarks for ease of customer and employee arrival.
Key Highlights
- Year built: 2006
- High‑visibility strip center location along MLK Jr Blvd in Fayetteville
- Versatile commercial space suited for retail, office, or service use
Property Analytics
Current Use
Lease Details
Yes
Paved road access
NNN (Triple Net)
Lease Type
$2.40 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
258
Businesses Nearby
272k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 45%
Shops & Services 20%
Home Improvements & Furnishings 14%
Groceries 8%
Walmart
Superstores
123,044 visits/mo
0.2 miles
Lowe's
Home Improvements & Furnishings
32,707 visits/mo
0.2 miles
Murphy USA
Shops & Services
26,802 visits/mo
0.1 miles
Aldi
Groceries
21,478 visits/mo
0.1 miles
Dollar Tree
Shops & Services
14,224 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
Market
Lease Benchmarks for Fayetteville, AR
$15.5 /SF/Yr
Avg Asking Price
$15–$16 /SF/Yr
Price Range
2,543 SF
Avg Space Size
This space is priced 3% above the average of $15.5 /SF/Yr.
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Strip mall - For-lease strip center retail/office/service space with ample parking and strong daily traffic counts.
Where is this strip mall located?
The property is located at 3162 Martin Luther King Jr Boulevard Fayetteville, AR.
What is the lease rate?
The lease rate is $16 SF/Yr.
What are key features of this property?
This property features: Year built: 2006; High‑visibility strip center location along MLK Jr Blvd in Fayetteville; Versatile commercial space suited for retail, office, or service use
