Fort Smith, AR Commercial Real Estate for Lease and Sale

Explore 20 listings of Fort Smith commercial real estate to find the best space for your business.

Central Mall

5111 Rogers Avenue, Fort Smith, AR
Property

Retail

863,000 SF
Availability

24 Spaces

54,199 SF
For Lease Contact for pricing
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Addison Place

3415 S 66th St, Fort Smith, AR
Property

Other

75,000 SF
For Sale Contact for pricing
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Phoenix Landing

4410 Phoenix Ave, Fort Smith, AR
Property

Other
Year Built

2024
For Sale

$950,000
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5500 Rogers Avenue, Fort Smith

5500 Rogers Avenue, Fort Smith, AR
Property

Other

41,000 SF
For Sale Contact for pricing
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What type of listing property are you looking for?

Office Coworking Retail Industrial

Office Land
1426 Phoenix Ave

1426 Phoenix Ave, Fort Smith, AR
Property

Other
For Sale

$67,500
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Phoenix Landing

4410 Phoenix Ave, Fort Smith, AR
Property

Other
Availability

1 Space

1,300 SF
Year Built

2024
For Lease Contact for pricing
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7401 Zero Street

7401 Zero Street, Fort Smith, AR
Property

Other
For Sale

$5,766,350
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6400 Jenny Lind Rd

6400 Jenny Lind Rd, Fort Smith, AR
Property

Industrial

1,196,746 SF
Availability

2 Spaces

40,390 SF
For Lease Contact for pricing
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Roberts Blvd & Wells Lake Rd

Roberts Blvd & Wells Lake Rd Fort Smith, Fort Smith, AR
Property

VacantLand
For Sale

$5/SF
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1820 S Zero St

1820 S Zero St, Fort Smith, AR
Property

Office

7,612 SF
For Sale

$725,000
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5201 S 66th Street

5201 S 66th Street, Fort Smith, AR
Property

Other
For Sale

$1,950,000
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Central Mall

5111 Rogers Ave, Fort Smith, AR
Property

Retail

864,305 SF
Availability

23 Spaces

98,338 SF
For Lease Contact for pricing
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8101 McClure Dr

8101 McClure Dr, Fort Smith, AR
Property

Office

1,694 SF
Availability

1 Space

1,694 SF
For Lease

$3,000.00/MO
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4511 Phoenix Avenue

4511 Phoenix Avenue, Fort Smith, AR
Property

Retail

1,800 SF
Availability

1 Space

1,800 SF
For Lease

$26.00/SF/YR
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70 South 7th Street
The Mill
70 South 7th Street, Fort Smith, AR
Services

Open Workspace

Meeting Room

Private Office

Dedicated Desk
Amenities

Complimentary coffee & tea

Kitchen

Lockable filing cabinets

Mail services

Office furniture

Patio

Printer
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Chaffee Crossing

Chaffee Crossing, Fort Smith, AR
Property

VacantLand

400 Acre
Availability

27 Spaces

73.38 Acre
For Lease Contact for pricing
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1000 Fianna Way

1000 Fianna Way, Fort Smith, AR
Property

Office

41,300 SF
Availability

2 Spaces

41,300 SF
For Lease

$16.00/SF/YR
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1801 Brazil Ave

1801 Brazil Ave, Fort Smith, AR
Property

Office

16,320 SF
For Sale

$900,000
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4600 Regions Park Drive

4600 Regions Park Drive, Fort Smith, AR
Property

Industrial

29,280 SF
Availability

8 Spaces

24,710 SF
For Lease

$10.43 - $12.00/SF/YR
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805 GARRISON AVENUE

805 GARRISON AVENUE, BRONX, AR
Property

VacantLand

16,347 SF
Availability

1 Space

16,347 SF
For Lease Contact for pricing
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Fort Smith commercial real estate market incorporates 66,926 square feet of office space across 5 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Fort Smith commercial real estate market includes 1,729,105 square feet of retail space in a variety of settings.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Fort Smith market, there is a total of 1,604,723 square feet of industrial property.

The listing inventory in Fort Smith incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Fort Smith is represented by Retail space, which accounts for 154,337 square feet of available listings. Industrial space available in Fort Smith adds up to 65,100 square feet.

Meanwhile, most of the listings of commercial property for sale in Fort Smith are in the Office category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

The average rent for commercial real estate space listed for lease in Fort Smith is $12.13 per square foot. However, this value does not offer enough perspective on its own, as you will find significant variation in prices across property types, property classes, and location, as well as other impacting factors. For instance, rent per square foot of office space in Fort Smith can vary greatly depending on the rating of the property from Class A to Class C, as well as across the city depending on the location of the asset.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Fort Smith, depending on the property type you are interested in.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $16 per square foot.

The average size of a commercial property in Fort Smith depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In Fort Smith, the average size of an office property is 16,732 square feet.
Retail properties here incorporate an average of 576,369 square feet.
Industrial space in Fort Smith is in buildings that are, on average 534,908 square feet in size.

Fort Smith, AR Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Fort Smith currently add up to 3,796,708 square feet. The market offers 2 active office listing(s), which amount to 41,300 square feet and account for 20% of commercial spaces on the market. Local retail availability includes 154,337 square feet across 3 retail space(s). Industrial space for rent opportunities in Fort Smith amount to 383,126 square feet across a total of 2 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	2	41,300
Retail	3	154,337
Industrial	2	383,126
Other	3	3,217,945

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Fort Smith, AR. Currently, there is 518,629 square feet of commercial property for sale here , which includes 2 office building(s) for sale , and 1 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	2	23,932
Industrial	1	378,697
Other	7	116,000

Fort Smith, AR Commercial Real Estate for Lease and Sale

Central Mall

Addison Place

Phoenix Landing

5500 Rogers Avenue, Fort Smith

1426 Phoenix Ave

Phoenix Landing

7401 Zero Street

6400 Jenny Lind Rd

Roberts Blvd & Wells Lake Rd

1820 S Zero St

5201 S 66th Street

Central Mall

8101 McClure Dr

4511 Phoenix Avenue

70 South 7th Street

Chaffee Crossing

1000 Fianna Way

1801 Brazil Ave

4600 Regions Park Drive

805 GARRISON AVENUE

Frequently Asked Questions

Fort Smith, AR Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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Fort Smith, AR Commercial Real Estate for Lease and Sale

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Fort Smith, AR?

What factors affect the price of commercial real estate in Fort Smith, AR?

What is the average rent for commercial space in Fort Smith, AR?

What are the best areas for commercial real estate in Fort Smith, AR?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Fort Smith, AR?

Fort Smith, AR Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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