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Retail Suite with Flexible Rooms
For Lease
$23 SF/Yr

3422 College Avenue, Fayetteville, AR 72703

CommercialLease, Fayetteville, AR

Space Size1,477 SF
Days on Market195

Property Features for 3422 College Avenue

General Information

Property type Commercial Lease
Property subtype Retail
Subdivision Fayetteville Outlots
Lot features Central Business District, Corner Lot, City Lot
Directions Heading south on I-49 S, take exit 67A-67B for U-71B. Continue onto US-71B S. Use the right lane to take the US-71B S exit. Merge onto N College Ave. The property will be on the left at the corner of N College and E Masonic Dr
Standard status Active
Size 1,477 SF

Taxes and HOA fees

Expense value 2831
Expense SecurityDeposit
Expense freq. One Time

Building Details

Year built 1986
Floors in Building 1
Listing Agency: Keller Williams Market Pro Realty Bentonville West · Keller Williams Realty
Listed By: Salmonsen Group Realtors
Added: Mar 24 Changed: Sep 29 Last Checked: Oct 4 at 11:06PM
MLS# 1340347

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 1,477-square-foot retail space was built in 1986 and has updated flooring, paint and LED lighting. Inside, the plan includes a reception area, two separate rooms and two restrooms. The rooms can accommodate different functions within the existing layout. The space is currently used as a church and is offered for lease.

The property sits at a signalized corner on College Avenue, where traffic is approximately 33,000 vehicles per day. Access to the US-71 on-ramp is nearby.

Key Highlights

  • 1,477 square feet of retail space
  • Reception area, two separate rooms and two restrooms
  • Updated flooring, paint and LED lighting

Property Analytics

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Current Use

L&P Insurance Insurance Agency Vertical Community Church Church Allied Technologies Computer & Electronic Repair Ashtone, The Hot Spot ... Hair Salon Natural Look Braiding ... Hair Salon

Suggested Use

Top Pick Kitchen & Bath Showroom HVAC Service Grocery & Convenience Store (Bike/Boat/Book/etc) Store Plumbing Service Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

33,000 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$3.45 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,090
Businesses Nearby
362k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 52% Shops & Services 21% Groceries 16% Apparel 4%
Hobby Lobby Shops & Services
51,551 visits/mo 0.4 miles
Whole Foods Market Groceries
46,067 visits/mo 0.2 miles
Raising Cane's Chicken Fingers Dining
36,770 visits/mo 0.2 miles
7 Brew Coffee Dining
25,602 visits/mo 0.2 miles
Chili's Grill & Bar Dining
25,204 visits/mo 0.2 miles

Demographics for 72703, AR

33,767
Population
17,202
Households
2
Avg Household Size
33
Median Age
49%
College-Educated
96%
High-School Grad
40.2 sq mi
ZIP Area
840
Density / Sq Mi
$60,232
Median Household Income
$39,190
Median Earnings
$958
Median Rent
$341,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 2% above the average of $22.63 /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
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Frequently Asked Questions

What type of property is this?
Retail space - A reception area, two separate rooms and two restrooms offer a practical layout for varied commercial uses.
Where is this retail space located?
The property is located at 3422 College Avenue Fayetteville, AR.
What is the lease rate?
The lease rate is $23 SF/Yr.
What are key features of this property?
This property features: 1,477 square feet of retail space; Reception area, two separate rooms and two restrooms; Updated flooring, paint and LED lighting
More about this property
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