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Downtown Retail Storefront
For Lease
$23 SF/Yr

509 W Spring Street, Fayetteville, AR 72701

COMMERCIAL - Fayetteville, AR

Property Size3,500 SF
Days on Market47

Property Features for 509 W Spring Street

General Information

Property type Commercial Lease
Property subtype Retail
Lot features Central Business District, City Lot
Directions Corner of Spring St and N West Ave
Standard status Active
Size 3,500 SF

Taxes and HOA fees

Expense value 6563
Expense SecurityDeposit
Expense freq. One Time

Building Details

Year built 2008
Floors in Building 2
Listing Agency: Moses Tucker Partners-Bentonville Branch
Listed By: Zack Kifer · License #SA00076575
Added: Jun 15 Last Checked: Jul 31 at 7:06AM
MLS# 1352145

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.

Located at 509 W Spring Street in Fayetteville, this retail storefront offers 3,500 square feet of space for leasing. The property’s positioning supports a walkable downtown tenant experience, with surrounding businesses that include Prelude Breakfast Bar, Rolando's Restaurante, Artemis Lounge, Botanical at Metro District, Crown Beauty Bar, Club 509, Hanky Panky Burgers, and CBD American Shaman Kava Bar.

The site is described as being near the high-traffic Dickson Street and within a short walk of the University of Arkansas. The immediate area is identified with a strong student housing market, with over 3,000 beds within a 0.5-mile radius and an additional 1,000 beds currently in development, reinforcing a consistent base of nearby residents and visitors.

This location can be a practical fit for retailers, dining, and service concepts looking to be close to both downtown activity and university foot traffic. Prospective tenants should review the space configuration and intended use requirements directly with the landlord as part of confirming fit for their operation.

Key Highlights

  • Year built 2008
  • Located near high‑traffic Dickson Street in Fayetteville, with a short walk to the University of Arkansas
  • Within the Cultural Arts Corridor and close to downtown Fayetteville

Property Analytics

Current Use

Ozark Escape Fayetteville Arcade & Gaming Center Prelude Breakfast Bar Restaurant Metro District Business Service Center Nwa Talent Society Employment Agency Grove Restaurant

Suggested Use

Top Pick Dental Office Building Supply Auto Parts Store Auto Repair Shop Big Box & Wholesale Store Storage Facility

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

NNN (Triple Net)
Lease Type
$3.45 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,374
Businesses Nearby
45k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 65% Dining 35%
Shell Shops & Services
12,158 visits/mo 0.5 miles
Chipotle Mexican Grill Dining
8,916 visits/mo 0.1 miles
Chase Bank Shops & Services
8,069 visits/mo 0.1 miles
Arvest Bank Shops & Services
5,559 visits/mo 0.4 miles
AutoZone Shops & Services
3,639 visits/mo 0.5 miles

Demographics for 72701, AR

48,269
Population
20,057
Households
2.4
Avg Household Size
28
Median Age
42%
College-Educated
93%
High-School Grad
126.0 sq mi
ZIP Area
383
Density / Sq Mi
$50,413
Median Household Income
$27,305
Median Earnings
$973
Median Rent
$323,900
Median Home Value

Market

Lease Benchmarks for Fayetteville, AR

$23.14 /SF/Yr
Avg Asking Price
$12–$39 /SF/Yr
Price Range
4,705 SF
Avg Space Size

This space is priced 1% below the average of $23.14 /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 - Retail storefront for lease in Fayetteville’s Cultural Arts Corridor near the University of Arkansas and downtown dining.
Where is this retail space located?
The property is located at 509 W Spring Street Fayetteville, AR.
What is the lease rate?
The lease rate is $23 SF/Yr.
What are key features of this property?
This property features: Year built 2008; Located near high‑traffic Dickson Street in Fayetteville, with a short walk to the University of Arkansas; Within the Cultural Arts Corridor and close to downtown Fayetteville
More about this property
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