Fully Occupied Rogers Office
1700 Industrial Drive Rogers, AR 72756
For Sale
$4,000,000
Pending
SINGLE_FAMILY - Rogers, AR
Property Size21,693 SF
Lot Size2.69 Acres
Days on Market439
Property Features for 1700 Industrial Drive
General Information
- Property type
- Residential
- Property subtype
- Office
- Parking
- 100
- Parking features
- Parking Lot
- Security features
- Security
- Standard status
- Pending
- APN
- 02-14319-000
- Size
- 21,693 SF
- Lot size
- 2.69 Acres
Taxes and HOA fees
- Tax Description
- PLAT 8/06/1997 23L-25
- Tax Annual Amount
- 20588
Utilities
- Heating system
- Natural Gas
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1998
- Floors in Building
- 2
- Flooring type
- Carpet, Tile
- Building materials
- Brick
Listing Agency:
REMAX Real Estate Results
(479) 271-9595
Listed By:
Donna Speed · License #SA00082370
(479) 366-7921
Added: May 13, 2025
Changed: May 14
Last Checked: Jul 25 at 6:06PM
MLS# 1307282
Copyright © 2026 ArkansasONE MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This fully occupied office building, located minutes from the Walmart Home Office in Rogers, Arkansas, presents a strong investment opportunity. The property features multiple suites (A-H), all currently occupied. Situated on a 2.69-acre lot, the building provides ample paved parking and is surrounded by landscaped areas. Each suite includes a private bathroom, with most offering his-and-her restrooms and some featuring multiple stalls. Individual kitchenettes are included in each suite, with one suite equipped with a full kitchen. Interior finishes consist of carpet floor tiles, tiled bathrooms (with some offices fully or partially tiled), and energy-efficient LED lighting throughout. Three suites are equipped with secure key fob access systems. The building's location near a major corporate hub enhances its appeal for long-term investment.
Key Highlights
- Fully occupied office building offering immediate rental income.
- Prime location near Walmart Home Office.
- Multiple suites with private bathrooms and kitchenettes.
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $481.6k | $22.20 |
| − Vacancy | −$32.7k | −$1.51 |
| EGI | $448.8k | $20.69 |
| − OpEx | −$112.2k | −$5.17 |
| NOI | $336.6k | $15.52 |
21,693 SF · lease $22.20/SF/yr · vacancy 6.80% · expense 25.00%
Alternative Uses
Best Use
Office B
$4.81M
$4.21M – $5.61M
NOI $336,628 @ 7.0% cap · market cap 8.42%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.96M
$5.22M – $6.95M
NOI $417,297 @ 7.0% cap · market cap 10.43%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Software Strategies Inc
(Bike/Boat/Book/etc) Store
Stacey Carlson Insurance
Insurance Agency
Carrie D. Wilson, ...
Financial Advisor
Preferred Restoration
Hardware & Home Improvement
Eficens Systems Bentonville
Corporate Office
FAQs
What type of property is this?
Office building - Turnkey investment opportunity near Walmart Home Office in Rogers, AR.
Where is this office building located?
The property is located at 1700 Industrial Drive Rogers, AR.
What is the asking price?
The asking price for this property is $4,000,000.
What are key features of this property?
This property features: Fully occupied office building offering immediate rental income.; Prime location near Walmart Home Office.; Multiple suites with private bathrooms and kitchenettes.
