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Retail Suites Under Construction

3956 Steele Boulevard, Fayetteville, AR 72703

For Lease
$42 SF/Yr

CommercialLease, Fayetteville, AR

Space Size1,500 SF - 12,000 SF
Days on Market56

Property Features for 3956 Steele Boulevard

General Information

Property type Commercial Lease
Property subtype Retail
Property condition Under Construction
Lot features Central Business District
Directions Take Exit 67A toward Fayetteville / AR-112 Head east on AR-112 / N Shiloh Dr Continue toward N Steele Blvd Turn onto N Steele Blvd Continue to 3956 N Steele Blvd - the property is in the Malco Razorback Cinema parking lot.
Standard status Active
Size 12,000 SF

Amenities

signalized access
modern storefront concepts

Building Details

Year built 2027
Listing Agency: Focus Commercial Real Estate
Listed By: Tyler Gurganus · License AR SA00098409
Added: Sep 16 Changed: Oct 13 Last Checked: Nov 10 at 10:06AM
MLS# 1362245

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.

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Investment Insights

Based on property information with market context.

Retail space at 3956 Steele Boulevard is under construction, with delivery scheduled for 2027. Suites range from approximately 1,500 to 12,000 square feet and can be divided into different configurations. Restaurant, fitness, wellness, and specialty retail uses are identified for the project.

The property sits between Malco Razorback Cinema and Academy Sports + Outdoors. Signalized access connects the site to Steele Boulevard, with links to Joyce Boulevard, College Avenue, Fulbright Expressway, and Interstate 49. Walmart, Target, Kohl's, Home Depot, and Whole Foods are among the surrounding retailers.

Key Highlights

  • Divisible retail suites from approximately 1,500 to 12,000 square feet
  • Under construction, with a stated 2027 delivery year
  • Positioned between Malco Razorback Cinema and Academy Sports + Outdoors

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Malco Razorback Cinema ... Cinema Keypoint Church, Malco ... Church

Suggested Use

Top Pick HVAC Service Building Supply Kitchen & Bath Showroom Big Box & Wholesale Store Plumbing Service (Bike/Boat/Book/etc) Store

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

Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$6.30 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

925
Businesses Nearby
686k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 40% Apparel 23% Dining 15% Shops & Services 10%
Walmart Superstores
146,682 visits/mo 0.2 miles
Target Superstores
125,196 visits/mo 0.5 miles
Academy Sports + Outdoors Apparel
58,523 visits/mo 0.2 miles
JCPenney Apparel
56,949 visits/mo 0.4 miles
Kohl's Apparel
45,644 visits/mo 0.5 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

$22.7 /SF/Yr
Avg Asking Price
$10–$42 /SF/Yr
Price Range
3,834 SF
Avg Space Size

This space is priced 85% above the average of $22.7 /SF/Yr.

Average Price Trend$/SF/Yr for Retail space in Fayetteville, AR

$22.92 Jul
$22.81 Aug
$22.87 Sep
$23.26 Oct

Properties on Market for Retail space in Fayetteville

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Retail space - Flexible configurations can serve restaurant, fitness, wellness, and specialty retail concepts.
Where is this retail space located?
The property is located at 3956 Steele Boulevard Fayetteville, AR.
What is the lease rate?
The lease rate is $42 SF/Yr.
What are key features of this property?
This property features: Divisible retail suites from approximately 1,500 to 12,000 square feet; Under construction, with a stated 2027 delivery year; Positioned between Malco Razorback Cinema and Academy Sports + Outdoors
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