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Strip Mall Commercial Space
For Lease
$16 SF/Yr

3162 Martin Luther King Jr Boulevard, Fayetteville, AR 72704

COMMERCIAL - Fayetteville, AR

Space SizeContact for details
Days on Market85

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 across the street from Lowe's.
Standard status Active
Size 2,500 SF

Taxes and HOA fees

Expense value 6667
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 6 Last Checked: Aug 24 at 11:06AM
MLS# 1347977

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 2,500-square-foot commercial space is part of a strip center completed in 2006. The layout is identified as suitable for retail, office, or service-oriented use, providing flexibility for a range of commercial operations. The property is available for lease and includes access to on-site parking.

Located at 3162 Martin Luther King Jr Boulevard in Fayetteville, the space places occupants along a named commercial corridor within Washington County. The property is in Fayetteville, AR 72704, with access and parking identified as notable site features.

Key Highlights

  • 2,500 square feet of commercial space
  • Part of a strip center built in 2006
  • Suitable for retail, office, or service‑oriented use

Property Analytics

Current Use

Strip malls

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

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

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 - Commercial suite with parking and direct access along Martin Luther King Jr Boulevard.
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: 2,500 square feet of commercial space; Part of a strip center built in 2006; Suitable for retail, office, or service‑oriented use
More about this property
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