Most listings are in the $50's per square foot per year. The Downtown Fayetteville submarket is experiencing a an increase in rates. In the last 3 months, the median rate rose $32 per sqft per year. That's a 159% rise in rent.
In the last 90 days, 10 listings have been posted online, which means listings are probably going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 150 sqft. Most buildings in this region are close to 3 floors. Most buildings in this market were built in 1935 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.