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Parking Garage 325 N West Ave 1,200 - 55,200 SF of Office/Retail Space Available in Fayetteville, AR 72701
HIGHLIGHTS
- 8,200 SF Available on Ground Floor; 27,000 SF Available on Floor 7 with 7,000 SF of rooftop space included; Potential expansion to 6th floor
- Located in the heart of Fayetteville's Downtown area
- Heavy Foot Traffic within the Cultural Arts Corridor, walking distance to amenities such as restaurants, retail, and entertainment
- TI Allowance available for Retail and Office
- Prime Lease Spot for Restaurant or Retail Space
- Shell Space Ready for Delivery
SPACE AVAILABILITY (3)
Display Rental Rate as
- SPACE
- SIZE
- CEILING
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| Ground | 1,200-8,200 SF | - | 5 Years | $33.00 /SF/YR $2.75 /SF/MO $355.21 /m²/YR $29.60 /m²/MO $22,550 /MO $270,600 /YR | Triple Net (NNN) | |
| 6th Floor | 20,000 SF | 15’ | Negotiable | $35.00 /SF/YR $2.92 /SF/MO $376.74 /m²/YR $31.39 /m²/MO $58,333 /MO $700,000 /YR | Modified Gross | |
| 7th Floor | 27,000 SF | 30’ | Negotiable | $35.00 /SF/YR $2.92 /SF/MO $376.74 /m²/YR $31.39 /m²/MO $78,750 /MO $945,000 /YR | Modified Gross |
Ground
8,200 SF Available on the Ground Floor 5 Year Term Minimum with Substantial TI Allowance up to $50.00/SF
- Lease rate does not include utilities, property expenses or building services
- Open Floor Plan Layout
- High End Trophy Space
- 8,200 SF Available on the Ground Floor
- Shell space ready for delivery
- Located in the heart of Fayetteville's Downtown
- Heavy foot traffic area
- Great for Class A Office, Retail and Restaurant
6th Floor
Potential expansion to Floor 6 Retail $33.00/SF NNN with $35.00 TI - 5 Year Term Office $35.00/SF MG with $50.00 TI - 5 Year Term Shell space ready for delivery
- Listed rate may not include certain utilities, building services and property expenses
- Finished Ceilings: 15’
- Can be combined with additional space(s) for up to 47,000 SF of adjacent space
- Potential expansion to Floor 6
- Heavy foot traffic area
- Within walking distance to Fayetteville Amenities
- Located in the heart of Fayetteville's downtown
7th Floor
27,000 SF Available on Floor 7. 7,000 SF of rooftop space included with 7th floor space (Hospitality Use). Retail $33.00/SF NNN with $35.00 TI - 5 Year Term Office $35.00/SF MG with $50.00 TI - 5 Year Term Shell space ready for delivery
- Listed rate may not include certain utilities, building services and property expenses
- Finished Ceilings: 30’
- Can be combined with additional space(s) for up to 47,000 SF of adjacent space
- 27,000 SF Available on 7th Floor
- 7,000 SF of rooftop space included in 7th floor
- TI Allowance Available for Office or Retail
- Shell space ready for delivery
- Located in the heart of Fayetteville's Downtown
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 55,200 SF | Property Subtype | Storefront Retail/Office |
| Min. Divisible | 1,200 SF | Gross Leasable Area | 62,000 SF |
| Max. Contiguous | 47,000 SF | Year Built | 2023 |
| Property Type | Retail |
| Total Space Available | 55,200 SF |
| Min. Divisible | 1,200 SF |
| Max. Contiguous | 47,000 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 62,000 SF |
| Year Built | 2023 |
ABOUT THE PROPERTY
Located in the heart of Fayetteville’s downtown and within the Cultural Arts Corridor, within walking distance to restaurants, theater and entertainment. Built to suit space for class A office, retail and residential available atop structured parking. 42,200 SF Available Total (can be demised); 8,200 SF Available on Ground Floor; 27,000 SF Available on Floor 7 with 7,000 SF of rooftop space included; Potential expansion to Floor 6. TI Allowance Available for Retail or Office with a 5-Yr minimum term.
- Wheelchair Accessible
- Roof Terrace
TRAFFIC
| COLLECTION STREET | CROSS STREET | TRAFFIC VOLUME | YEAR | Distance |
|---|---|---|---|---|
| W Dickson St | Powerhouse Ave, W | 8,224 | 2022 | 0.06 mi |
| W Lafayette St | N Gregg Ave, W | 2,022 | 2021 | 0.09 mi |
| WLAFAYETTEST | N Gregg Ave, W | 1,600 | 2020 | 0.09 mi |
| N Gregg Ave | Reagan St, S | 1,459 | 2022 | 0.15 mi |
| WDICKSONST | N Arkansas Ave, W | 6,000 | 2020 | 0.15 mi |
| West Dickson Street | N Arkansas Ave, W | 8,282 | 2022 | 0.15 mi |
| W Dickson St | N Arkansas Ave, W | 7,462 | 2022 | 0.16 mi |
| WMAPLEST | N West Ave, E | 8,500 | 2020 | 0.18 mi |
| W Maple St | N Wilson Ave, E | 10,274 | 2022 | 0.19 mi |
| W Lafayette St | Thompson Ave, E | 4,723 | 2022 | 0.21 mi |
NEARBY MAJOR RETAILERS
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ADDITIONAL PHOTOS
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