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High-Visibility Retail Strip Center
For Lease
$15 SF/Yr

3162 Martin Luther King Jr Boulevard, Fayetteville, AR 72704

COMMERCIAL - Fayetteville, AR

Space SizeContact for details
Days on Market81

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
Listed By: Bleaux Barnes · License #PB00071263
Added: Jun 1 Changed: Aug 4 Last Checked: Aug 20 at 4:06AM
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 high-visibility retail strip center offers a versatile commercial space suitable for a range of uses. The available storefront space totals approximately 3,000 square feet and is configured for convenient, customer-friendly operations.

Located along Martin Luther King Jr Boulevard in Fayetteville, the property benefits from strong daily traffic counts and convenient access. Ample parking supports day-to-day customer visitation for retail, office, service, or restaurant concepts.

The center’s frontage and overall visibility along this prominent corridor make it well-suited for tenants seeking a storefront setting with practical on-site parking to serve daily footfall and drive-by traffic.

Key Highlights

  • Year built: 2006
  • High‑visibility strip center location along MLK Blvd in Fayetteville
  • Strong daily traffic counts

Property Analytics

Current Use

Strip malls

Lease Details

NNN (Triple Net)
Lease Type
$2.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

258
Businesses Nearby
272k
Monthly Visits Nearby

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% below the average of $15.5 /SF/Yr.

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Strip mall - Versatile 3,000 SF storefront space in a high-visibility Fayetteville strip center with ample parking and strong daily traffic.
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 $15 SF/Yr.
What are key features of this property?
This property features: Year built: 2006; High‑visibility strip center location along MLK Blvd in Fayetteville; Strong daily traffic counts
More about this property
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