Building Details

Year built 2023

Listing Agency: Colliers International - Branch Office l***@colliersdfp.com Show Phone

Listed By: Alan Cole · License #SA00056917 Show Phone

Added: Aug 29, 2023 Changed: Sep 2 Last Checked: Oct 8 at 7:06AM

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MLS# 1255127

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.

Phase two of the mixed-use project is under construction and includes 13,651 square feet of commercial space. The development is planned with a combination of retail, restaurant, office, and entertainment components, providing a varied commercial setting at 5653 Gateway Avenue.

The property fronts Highway 412, also known as W Sunset Avenue, and Gene George Boulevard. Interstate 49 provides north-south connectivity, while Don Tyson Parkway connects the site with Tontitown and Siloam Springs. Sam's Club is nearby, along with the Children's Center for Health & Wellness, Highlands Oncology, Arkansas Children's Hospital, and the Arkansas Blue Cross Blue Shield regional office building. A UAMS Sports & Orthopedic Medicine building is under construction nearby.

Key Highlights

• 13,651‑square‑foot mixed‑use property under construction
• Phase two of a development combining retail, restaurants, office, and entertainment space
• Frontage on Highway 412 (W Sunset Avenue) and Gene George Boulevard

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Law Firm Electrical Service Storage Facility Nail Salon Skin Care Clinic

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

Yes

Highway access

Yes

Paved road access

NNN (Triple Net)

Lease Type

$5.10 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

475

Businesses Nearby

266k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Superstores 39% Dining 28% Shops & Services 21% Home Improvements & Furnishings 7%

Sam's Club Superstores

105,088 visits/mo 0.2 miles

Chick-fil-A Dining

50,315 visits/mo 0.1 miles

Hobby Lobby Shops & Services

41,240 visits/mo 0.4 miles

Harbor Freight Tools Home Improvements & Furnishings

16,036 visits/mo 0.3 miles

Dollar Tree Shops & Services

14,339 visits/mo 0.3 miles

Demographics for 72762, AR

42,175

Population

17,270

Households

2.4

Avg Household Size

36

Median Age

33%

College-Educated

85%

High-School Grad

58.1 sq mi

ZIP Area

726

Density / Sq Mi

$80,678

Median Household Income

$42,066

Median Earnings

$1,118

Median Rent

$278,600

Median Home Value

Market

Lease Benchmarks for Springdale, AR

$29 /SF/Yr

Avg Asking Price

$15–$38 /SF/Yr

Price Range

6,830 SF

Avg Space Size

This space is priced 17% above the average of $29 /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

Questions? Ask Rey

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What type of property is this? Where is this mixed-use properties located? What is the lease rate? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Mixed-use property - Phase two offers space for retail, restaurant, office, and entertainment uses with access to Highway 412 and Interstate 49.

Where is this mixed-use property located?

The property is located at 5653 Gateway Avenue Springdale, AR.

What is the lease rate?

The lease rate is $34 SF/Yr.

What are key features of this property?

This property features: 13,651‑square‑foot mixed‑use property under construction; Phase two of a development combining retail, restaurants, office, and entertainment space; Frontage on Highway 412 (W Sunset Avenue) and Gene George Boulevard