Log In/Sign Up
Your email has been sent.
112 W Center St 57,991 SF 76% Leased 4-Star Office Building Fayetteville, AR 72701 For Sale
Matterport 3D Tours
Investment Highlights
- Rare chance to claim a skyline gem in Downtown Fayetteville Historic Square, with unbeatable views, stable flowing income, and value-add potential.
- Centrally positioned for optimal convenience, with prime connectivity to I-49, Ozark Regional Transit, and the Northwest Arkansas National Airport.
- Growing highly skilled workforce, with 44% of residents holding a bachelor's degree or higher, and the population expected to increase 8% by 2029.
- Find countless, top-rated retailers within walking distance, plus a 7 Brew, Chick-fil-A, Walmart, Walgreens, and more, just 2 miles or less away.
Executive Summary
112 W Center Street presents a premier opportunity to own a piece of the Downtown Fayetteville Historic Square. Standing seven stories tall and spanning 57,991 square feet, this Class A office tower is a prominent figure in Fayetteville's skyline, with its striking glass facade, panoramic mountain and city views, and timelessly modern architecture. Currently, this office is 83% leased, providing investors or owner/users with a stable income flow right out the gate. On the other hand, 112 W Center offers a compelling value-add opportunity, with potential for adaptive reuse as condos or a multifamily project.
Leverage the impeccable downtown demographics, supplying a deep labor pool right at 112 W Center's doorstep, with the University of Arkansas just a half-mile away. Commuters can reach the office swiftly, with Interstate 49 just 2.3 miles away, or via the local Ozark Regional Transit, which has a bus stop 130 feet from the office's front door. Seamlessly facilitate visitor and client meetings through the Northwest Arkansas National Airport, just a 26.5-mile drive away. Tenants here can enjoy countless amenities, whether taking a stroll around downtown or driving just five minutes out; highly esteemed establishments dot the map along the way.
Leverage the impeccable downtown demographics, supplying a deep labor pool right at 112 W Center's doorstep, with the University of Arkansas just a half-mile away. Commuters can reach the office swiftly, with Interstate 49 just 2.3 miles away, or via the local Ozark Regional Transit, which has a bus stop 130 feet from the office's front door. Seamlessly facilitate visitor and client meetings through the Northwest Arkansas National Airport, just a 26.5-mile drive away. Tenants here can enjoy countless amenities, whether taking a stroll around downtown or driving just five minutes out; highly esteemed establishments dot the map along the way.
Matterport 3D Tours
1 of 2
Videos
Matterport 3D Exterior
Matterport 3D Tours
Photos
Street View
Street
Map
Property Facts
Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Office
Building Size
57,991 SF
Building Class
A
LoopNet Rating
4 Star
Year Built/Renovated
1965/2020
Percent Leased
76%
Tenancy
Multiple
Building Height
7 Stories
Typical Floor Size
6,750 SF
Slab To Slab
12’
Building FAR
6.05
Lot Size
0.22 AC
Zoning
MSC - Nonresidential
Parking
70 Spaces (1.21 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Atrium
- Banking
- Controlled Access
- Security System
- Signage
- Storage Space
- Car Charging Station
- Air Conditioning
- Balcony
Walk Score®
Walker's Paradise (92)
Bike Score®
Very Bikeable (74)
Demographics
Demographics
1 mile
3 mile
5 mile
2020 Population
16,451
58,279
100,366
2024 Population
18,973
63,700
108,102
Population Growth '20-'24
15.3%
9.3%
7.7%
2020 Households
5,414
24,392
41,823
2024 Households
6,314
26,529
44,866
Household Growth '20-'24
16.6%
8.8%
7.3%
Average Age
29
33
34
Median Household Income
$39,636
$44,523
$61,282
Daytime Employees
14,113
38,345
62,017
Total Businesses
1,188
3,512
6,135
College Degree + Higher
44%
41%
44%
Nearby Amenities
Restaurants |
|||
|---|---|---|---|
| Arsaga's | Cafe | $ | 2 min walk |
| Little Bread Company | Bakery | $ | 3 min walk |
| Jammin' Java | Coffee | $ | 3 min walk |
| A Taste Of Thai Restaurant | Thai | $$$ | 4 min walk |
| Vetro | Italian | $$$ | 3 min walk |
| Celi's | Mexican | $$ | 4 min walk |
| 7 Brew Coffee | - | - | 5 min walk |
| Chipotle | - | - | 11 min walk |
| Jimmy John's | Fast Food | $ | 11 min walk |
| Insomnia Cookies | Bakery | $ | 12 min walk |
Retail |
||
|---|---|---|
| Lululemon | Unisex Apparel | 2 min walk |
| Arvest Federal Bank | Bank | 3 min walk |
| United States Postal Service | Business/Copy/Postal Services | 6 min walk |
| Walgreens | Drug Store | 11 min walk |
| Walmart Neighborhood Market | Supermarket | 15 min walk |
Hotels |
|
|---|---|
| Graduate Hotel |
234 rooms
2 min drive
|
| MOXY |
131 rooms
3 min drive
|
| Candlewood Suites |
78 rooms
6 min drive
|
| Best Western |
68 rooms
7 min drive
|
| Staybridge Suites |
109 rooms
6 min drive
|
Property Taxes
| Parcel Number | 765-01848-000 | Improvements Assessment | $2,031,900 |
| Land Assessment | $50,540 | Total Assessment | $2,082,440 |
Property Taxes
Parcel Number
765-01848-000
Land Assessment
$50,540
Improvements Assessment
$2,031,900
Total Assessment
$2,082,440
About the Seller
Donald R Smith
Read More
Sale Advisor
Sale Advisor
Thomas Hewgley, Broker
Thomas Hewgley is a seasoned professional in the field of commercial real estate (CRE), known for his extensive knowledge and outstanding achievements in the industry. With a career, spanning over years, Thomas has firmly established himself as a trusted authority and an invaluable resource in the CRE sector.
As a dedicated CRE expert, Thomas Hewgley possesses a deep understanding of market trends, property valuations, and intricate transactions. His commitment to delivering tailored solutions and exceptional client service has earned him a reputation as a go-to advisor for investors, property owners, and businesses.
Beyond his professional accomplishments, Thomas is actively involved in community initiatives and philanthropic endeavors, reflecting his values and his desire to make a positive impact both within and beyond the world of real estate.
As a driving force in CRE, Thomas Hewgley continues to shape the industry's landscape, offering clients expert guidance, innovative solutions, and an unwavering commitment to excellence that distinguishes him as a respected leader in the field
As a dedicated CRE expert, Thomas Hewgley possesses a deep understanding of market trends, property valuations, and intricate transactions. His commitment to delivering tailored solutions and exceptional client service has earned him a reputation as a go-to advisor for investors, property owners, and businesses.
Beyond his professional accomplishments, Thomas is actively involved in community initiatives and philanthropic endeavors, reflecting his values and his desire to make a positive impact both within and beyond the world of real estate.
As a driving force in CRE, Thomas Hewgley continues to shape the industry's landscape, offering clients expert guidance, innovative solutions, and an unwavering commitment to excellence that distinguishes him as a respected leader in the field
1 of 36
Videos
Matterport 3D Exterior
Matterport 3D Tours
Photos
Street View
Street
Map
Presented by
112 W Center St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.