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Office space for rent in Northwest Arkansas cater to a variety of industries, including corporate headquarters, professional services, and educational institutions. Lease terms for office spaces in Northwest Arkansas show a preference for medium-term commitments, with 3-5 year leases being the most common at 18.52%. Shorter leases of 1-2 years make up 22.22%, while long-term leases of 5+ years account for 11.11%. Short-term leases of less than one year make up 25.93%, indicating that some businesses value flexibility, particularly when testing new markets or adjusting to economic changes. Areas like Downtown Fayetteville and Bentonville are particularly sought after due to their professional appeal and proximity to corporate hubs. As the region attracts more business investments, demand for office spaces with flexible lease terms is expected to grow.
TenantBase is a technology platform built specifically for tenants. We make the process to find and lease space easier by combining our unique technology with experienced local commercial real estate brokers.
Neighborhood | Average Available SQFT | Average Rate / SQFT PER Month | NUMBER OF AVAILABLE SUITES |
---|---|---|---|
Bentonville | 700 | $1.69 / SF | 41 |
Fayetteville | 2,800 | $1.58 / SF | < 30 |
Rogers | 3,900 | $1.83 / SF | < 30 |
Springdale | 1,500 | $1.21 / SF | < 30 |
Tontitown | - | - | < 30 |