The 131,000-square-foot retail center sold earlier this year for $7.2 million to a limited liability company controlled by Provident Realty Advisors of Dallas. Flake & Kelley Commercial Northwest in Fayetteveille was the property’s previous leasing agent.

"Evelyn Hills benefits from its fantastic location on College Avenue connecting north Fayetteville to downtown, Dickson Street and the U of A campus," Cole said in a statement. "With all of the great revitalization going on along this corridor, the timing is perfect for Evelyn Hills to be refreshed."