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Office Units with Open Workspace
For Lease
$28 SF/Yr

516 E Millsap Road 100, Fayetteville, AR 72703

Flexible office configuration combines private rooms, shared work areas, meeting space, and staff amenities.

Space Size3,786 SF - 7,508 SF
Days on Market22

Property Features for 516 E Millsap Road 100

General Information

Standard status Active
Size 3,786 SF - 7,508 SF
Net Rentable 3,786 SF

Space & Availability

Available Space 3,786-7,508 SF
Contiguous Space 7,508 SF
Divisible No
Space Use Office
Private Offices 7
Meeting Rooms 1

Building Details

Year Built 2000
Listing Agency: Lindsey & Associates Inc
Listed By: Jeremy Kennedy · License #SA00059336
Source: Thesummithometeam
Added: Aug 18 Changed: Aug 28 Last Checked: Sep 8 at 10:42AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lindsey & Associates Inc

Investment Insights

Based on property information with market context.

This office unit provides 3,786 SF of organized workspace within a building constructed in 2000. The layout includes a reception area, seven offices, a conference room, restrooms, and a break room, along with a substantial open area suited to workstations or collaborative use.

Additional contiguous space may be added, creating a combined footprint of 7,508 SF. The property is situated in the Millsap Commercial Corridor at 516 E Millsap Road, Suite 100, in Fayetteville, Arkansas.

Key Highlights

  • 3,786 SF office unit
  • Seven private offices plus conference room
  • Open workspace suitable for cubicles or shared workstations

Property Analytics

Current Use

Hawkins-Weir Engineers, Inc. Engineering Consultant HoganTaylor LLP Accounting Firm Wheeler Holly Insurance Agency Schneider Electric Production Facility Arvest Private Banking Financial Advisor

Suggested Use

Top Pick Big Box & Wholesale Store Building Supply Kitchen & Bath Showroom HVAC Service Grocery & Convenience Store (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

NNN (Triple Net)
Lease Type
$4.20 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,658
Businesses Nearby

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

Market

Lease Benchmarks for Fayetteville, AR

$23.27 /SF/Yr
Avg Asking Price
$5.06–$69.9 /SF/Yr
Price Range
3,281 SF
Avg Space Size

This space is priced 20% above the average of $23.27 /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?
Office units - Flexible office configuration combines private rooms, shared work areas, meeting space, and staff amenities.
Where is this office units located?
The property is located at 516 E Millsap Road 100 Fayetteville, AR.
What is the lease rate?
The lease rate is $28 SF/Yr.
What are key features of this property?
This property features: 3,786 SF office unit; Seven private offices plus conference room; Open workspace suitable for cubicles or shared workstations
More about this property
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