The emergent higher-order topological insulators significantly deepen our understanding of topological physics. Recently, the study has been extended to topological semimetals featuring gapless bulk band nodes. To date, higher-order nodal point and line semimetals have been successfully realized in different physical platforms. However, for the conceptually expected higher-order nodal surface semimetals, a concrete model has yet to be proposed, let alone experimentally observed. Here, we report an ingenious design route for constructing this unprecedented higher-order topological phase. The three-dimensional model, layer-stacked with a two-dimensional anisotropic Su-Schrieffer-Heeger lattice, exhibits appealing hinge arcs connecting the projected nodal surfaces. Experimentally, we realize this new topological phase in an acoustic metamaterial, and present unambiguous evidence for both the bulk nodal structure and hinge arc states, the two key manifestations of the higher-order nodal surface semimetal. Our findings can be extended to other classical systems such as photonic, elastic, and electric circuit systems, and open new possibilities for controlling waves.