• Broker Zack Kifer 4793872156
  • Broker Gavin Magee 9134496223
  • Broker Said Mayorga 5015937139

South Yard 517 W Martin Luther King Blvd 3,494 - 8,494 SF of Retail Space Available in Fayetteville, AR 72701

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HIGHLIGHTS

  • Situated at the major intersection of School Avenue and Martin Luther King Boulevard in Fayetteville.
  • Two food and beverage units available in a high-traffic, community-focused setting.
  • Moxy Hotel anchoring the overall development.
  • Razorback Greenway neighbors the property offering daily foot traffic and visibility.

SPACE AVAILABILITY (2)

Display Rental Rate as

  • SPACE
  • SIZE
  • TERM
  • RENTAL RATE
  • RENT TYPE
  • 1st Floor, Ste B(0)
  • 3,494 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request
  • TBD
Space Use
Retail
Condition
-
Availability
Now
  • Located in-line with other retail
  • 2nd Floor, Ste 200
  • 5,000 SF
  • Negotiable
  • $34.00 /SF/YR $2.83 /SF/MO $365.97 /m²/YR $30.50 /m²/MO $14,167 /MO $170,000 /YR
  • Triple Net (NNN)
Space Use
Retail
Condition
Full Build-Out
Availability
Now

Unit 200 at South Yard offers 5,000 SF of premier food & beverage space, complete with a nearly new commercial kitchen (less than one year of use), two separate entrances, and a walk-up window with counter for quick service. A covered patio expands the guest experience outdoors, making this a turnkey opportunity in a high traffic, community-focused destination.

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as a Restaurant or Café Space
  • Located in-line with other retail
  • Space is in Excellent Condition
Space Size Term Rental Rate Rent Type
1st Floor, Ste B(0) 3,494 SF Negotiable Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request TBD
2nd Floor, Ste 200 5,000 SF Negotiable $34.00 /SF/YR $2.83 /SF/MO $365.97 /m²/YR $30.50 /m²/MO $14,167 /MO $170,000 /YR Triple Net (NNN)

1st Floor, Ste B(0)

Size
3,494 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request
Rent Type
TBD
Space Use
Retail
Condition
-
Availability
Now

  • Located in-line with other retail

2nd Floor, Ste 200

Size
5,000 SF
Term
Negotiable
Rental Rate
$34.00 /SF/YR $2.83 /SF/MO $365.97 /m²/YR $30.50 /m²/MO $14,167 /MO $170,000 /YR
Rent Type
Triple Net (NNN)
Space Use
Retail
Condition
Full Build-Out
Availability
Now

Unit 200 at South Yard offers 5,000 SF of premier food & beverage space, complete with a nearly new commercial kitchen (less than one year of use), two separate entrances, and a walk-up window with counter for quick service. A covered patio expands the guest experience outdoors, making this a turnkey opportunity in a high traffic, community-focused destination.

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as a Restaurant or Café Space
  • Located in-line with other retail
  • Space is in Excellent Condition

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.

SELECT TENANTS AT SOUTH YARD

  • TENANT
  • DESCRIPTION
  • US LOCATIONS
  • REACH
  • Central BBQ
  • Retailer
  • 1
  • -
  • The Meteor
  • Accommodation and Food Services
  • 1
  • -
TENANT DESCRIPTION US LOCATIONS REACH
Central BBQ Retailer 1 -
The Meteor Accommodation and Food Services 1 -

PROPERTY FACTS

Total Space Available 8,494 SF Gross Leasable Area 18,593 SF
Property Type Retail Year Built/Renovated 1950/2023
Property Subtype Restaurant
Total Space Available 8,494 SF
Property Type Retail
Property Subtype Restaurant
Gross Leasable Area 18,593 SF
Year Built/Renovated 1950/2023

ABOUT THE PROPERTY

South Yard is a dynamic adaptive re-use development at the bustling intersection of School Avenue and Martin Luther King Boulevard in Fayetteville, Arkansas. This revitalized space transforms historic industrial structures into a vibrant hub for food, beverage, and retail. Designed to inspire connection, South Yard blends modern energy with Fayetteville’s community spirit. With two food and beverage units available, it offers an exciting opportunity to join this reimagined destination. Whether gathering with friends or exploring local flavors, South Yard is the perfect basecamp for businesses looking to thrive in a lively, outdoor-focused environment.

  • Bus Line
  • Conferencing Facility
  • Courtyard
  • Restaurant
  • Signage
  • Signalized Intersection
  • Energy Performance Rating - A
  • Air Conditioning
  • Balcony

ATTACHMENTS

South Yard Flyer-compressed

TRAFFIC

COLLECTION STREET CROSS STREET TRAFFIC VOLUME YEAR Distance
S School Ave W Mlk Blvd, S 17,808 2021 0.11 mi
71 W Mlk Blvd, S 16,000 2020 0.11 mi
South School Avenue W Mlk Blvd, S 18,860 2025 0.11 mi
S School Ave Prairie St, N 17,659 2025 0.15 mi
Martin Luther King Jr Blvd S Hill Ave, W 22,488 2025 0.17 mi
S School Ave Archibald Yell Blvd, S 3,384 2021 0.21 mi
NSCHOOLAVE Archibald Yell Blvd, S 710 2020 0.22 mi
South School Avenue Archibald Yell Blvd, S 3,004 2025 0.22 mi
S School Ave W 9th St, N 12,642 2024 0.22 mi
71 W 9th St, N 12,000 2020 0.22 mi
Bike Score®
Very Bikeable (75)

NEARBY MAJOR RETAILERS

Walmart Neighborhood Market
Chase
Pickleman's Gourmet Cafe
Starbucks
Torchy's Tacos

MAP

ADDITIONAL PHOTOS

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  • Listing ID: 35675566

  • Date on Market: 4/29/2025

  • Last Updated: 5/9/2025

  • Address: 517 W Martin Luther King Blvd, Fayetteville, AR 72701