Most listings are in the $20's per square foot per year. The Downtown Fayetteville submarket is going through a a rise in rates. In the last 3 months, the median rate increased $26 per sqft per year.
In the last 90 days, 18 listings have been listed, which means leases might be leasing quickly. You'll want to be prepared to make an offer immediately. About 33% of the available leases in the Downtown Fayetteville are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 300 sqft. Most buildings in this market are around 2 stories. Most buildings in this market were built in 1948 and are Class B.
A large portion of this region is residential, but there's plenty of office_space. Education is the dominant industry in this market. Commute by bike is the most popular way to get to work amongst Downtown Fayetteville folk. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.