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Office Unit with Modified Gross Lease
New
For Lease
$24 SF/Yr Modified Gross

620 N College Avenue, Fayetteville, AR 72701

CommercialLease, Fayetteville, AR

Space SizeContact for details
Days on Market4

Property Features for 620 N College Avenue

General Information

Property type Commercial Lease
Property subtype Office
Subdivision North College Ave Horizonta
Lot features City Lot
Directions From the downtown square, head east on Center Street to College Avenue, then turn left to go north on N College Ave. Continue past Dickson Street and Lafayette Street. 620 N College Avenue is just past Maple Street, about 0.7 miles from the square, or roughly a three-minute drive or fifteen-minute walk.
Standard status Active
Size 853 SF

Taxes and HOA fees

Tax Annual Amount 688
Expense value 1
Expense SecurityDeposit
Expense freq. One Time

Amenities

Trailside & Connectivity to Wilson Park

Building Details

Year built 1950
Floors in Building 2
Listing Agency: Hat Rack Real Estate
Listed By: Christopher Allcorn · License #SA00089658
Added: Oct 28 Changed: Oct 29 Last Checked: Oct 31 at 1:06AM
MLS# 1366482

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.

Rey
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Investment Insights

Based on property information with market context.

This 853-square-foot office unit at 620 N College Avenue is offered for lease under a modified gross arrangement. The landlord covers property taxes and building insurance; the tenant is responsible for data and phone service, electricity, internet, and janitorial service. The building dates to 1950, and on-site parking is available.

The property is on 71B, where the source reports approximately 29,000 vehicles per day. Trail access connects with Wilson Park, identified as Fayetteville’s oldest park.

Key Highlights

  • 853‑square‑foot office unit
  • Modified gross lease; landlord pays property taxes and building insurance
  • Tenant pays data/phone, electric, internet, and janitorial

Property Analytics

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

Current Use

The Wordsmith Salon + Spa Hair Salon Roots Real Estate ... Real Estate Agency Parallel Innovation Center ... Marketing & Advertising WCR Construction Company Michael K Ward, ... Real Estate Agency

Suggested Use

Top Pick Kitchen & Bath Showroom Auto Parts Store Grocery & Convenience Store Furniture & Home Goods Storage Facility (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

Yes
Highway access
Modified Gross
Lease Type

Location Intelligence

Trade Area within ½ mile

1,357
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Fayetteville, AR

$23.65 /SF/Yr
Avg Asking Price
$1.47–$100 /SF/Yr
Price Range
2,708 SF
Avg Space Size

This space is priced 1% above the average of $23.65 /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

Frequently Asked Questions

What type of property is this?
Office unit - An 853-square-foot workspace offers on-site parking and a modified gross lease structure.
Where is this office unit located?
The property is located at 620 N College Avenue Fayetteville, AR.
What is the lease rate?
The lease rate is $24 SF/Yr.
What are key features of this property?
This property features: 853‑square‑foot office unit; Modified gross lease; landlord pays property taxes and building insurance; Tenant pays data/phone, electric, internet, and janitorial
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