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High-Visibility Strip Center Suite
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, City Lot
Directions West on Hwy 62, half mile past Wal-Mart supercenter, across the street from Lowe's.
Standard status Active
Size 2,500 SF

Taxes and HOA fees

Expense value 6250
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# 1347967

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 flexible commercial suite is located within a high-visibility strip center along Martin Luther King Jr Boulevard. The space is well-suited for retail, office, or service use and is positioned for strong exposure.

The property emphasizes convenient access and ample parking, supported by strong daily traffic counts in the area.

Offered for lease, this unit provides a practical option for businesses seeking a storefront-style location with visibility in Fayetteville, AR.

Key Highlights

  • Commercial space in a high‑visibility strip center along MLK Jr Blvd
  • Year built: 2006
  • Strong daily traffic counts reported for the property’s location

Property Analytics

Current Use

Strip malls

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

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 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
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Frequently Asked Questions

What type of property is this?
Strip mall - Flexible retail or office suite in a high-visibility strip center along Martin Luther King Jr Boulevard with 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: Commercial space in a high‑visibility strip center along MLK Jr Blvd; Year built: 2006; Strong daily traffic counts reported for the property’s location
More about this property
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