Retail Space in Strip
For Lease
$15 SF/Yr
3162 Martin Luther King Jr Boulevard, Fayetteville, AR 72704
CommercialLease, Fayetteville, AR
Space SizeContact for details
Days on Market126
Property Features for 3162 Martin Luther King Jr Boulevard
General Information
Property type
Commercial Lease
Property subtype
Retail
Lot features
Central Business District
Directions
West on Hwy 62, Half mile past Wal-Mart Supercenter, across the street from Lowe's
Standard status
Active
Size
3,000 SF
Taxes and HOA fees
Expense value
7500
Expense
SecurityDeposit
Expense freq.
One Time
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: Sep 5
Last Checked: Oct 4 at 7:06PM
MLS# 1347859
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 3,000-square-foot retail space is located within a strip center completed in 2006. The property offers a commercial layout suitable for retail, restaurant, office, or service-oriented use, with ample parking included.
Positioned at 3162 Martin Luther King Jr Boulevard in Fayetteville, the space provides access along MLK Boulevard and is situated in a location described as having strong daily traffic. Its combination of center-based retail configuration, parking, and adaptable use supports a range of commercial occupancies.
Positioned at 3162 Martin Luther King Jr Boulevard in Fayetteville, the space provides access along MLK Boulevard and is situated in a location described as having strong daily traffic. Its combination of center-based retail configuration, parking, and adaptable use supports a range of commercial occupancies.
Key Highlights
- 3,000‑square‑foot retail space
- Located in a strip center built in 2006
- Ample parking included
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$2.25 /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
$22.63 /SF/Yr
Avg Asking Price
$10–$36 /SF/Yr
Price Range
4,583 SF
Avg Space Size
This space is priced 34% below the average of $22.63 /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?
Retail space - Flexible commercial space with parking and access along Martin Luther King Jr Boulevard.
Where is this retail space located?
The property is located at 3162 Martin Luther King Jr Boulevard Fayetteville, AR.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: 3,000‑square‑foot retail space; Located in a strip center built in 2006; Ample parking included
