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Shopping Center Retail Space
For Lease
$16 SF/Yr

3162 Martin Luther King Jr Boulevard, Fayetteville, AR 72704

CommercialLease, Fayetteville, AR

Space SizeContact for details
Days on Market100

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

Building Details

Year built 2006
Listing Agency: Mathias Real Estate
Listed By: Bleaux Barnes · License #PB00071263
Added: Jun 1 Changed: Sep 5 Last Checked: Sep 8 at 8:06AM
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.

This 2,173-square-foot commercial space is located within a strip center built in 2006. The property offers a flexible setting for retail, office, or service-oriented operations, with convenient access and on-site parking.

The space fronts Martin Luther King Jr Boulevard in Fayetteville, providing exposure along a major local corridor. Its shopping-center setting combines street presence with parking and access features suited to customer-facing businesses.

Key Highlights

  • 2,173 square feet of commercial space
  • Located in a strip center built in 2006
  • Positioned along Martin Luther King Jr Boulevard

Property Analytics

Current Use

Shopping centers

Lease Details

NNN (Triple Net)
Lease Type
$2.40 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

258
Businesses Nearby
Well-served
Demand for This Use

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

$22.08 /SF/Yr
Avg Asking Price
$12–$30 /SF/Yr
Price Range
5,710 SF
Avg Space Size

This space is priced 28% below the average of $22.08 /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
Questions? Ask Rey
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Similar Off Market Nearby

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Frequently Asked Questions

What type of property is this?
Shopping center - Commercial space suited to retail, office, or service uses with convenient access and on-site parking.
Where is this shopping center 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: 2,173 square feet of commercial space; Located in a strip center built in 2006; Positioned along Martin Luther King Jr Boulevard
More about this property
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