Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Retail Center in Rogers, Arkansas Title is generated by Realmo AI

    2511 N 2nd Street, Rogers, AR 72756

    View on Map
    Claim this Listing
    For Lease
    $17 SF/Yr $12,466/Mo (calc)

    COMMERCIAL - Rogers, AR

    Type:Retail
    Property size:
    8,800 SF
    Added:
    Jan 22, 2025
    Days on Market:
    500
    Last Refresh:
    Jun 6 at 12:06 pm

    Property Features for 2511 N 2nd Street

    General Information

    Property type
    Commercial Lease
    Property subtype
    Retail
    Standard status
    Active
    Size
    8,800 SF

    Building Details

    Year built
    2000

    We can help!

    Listing Contact
    Mason Wood
    Mason Wood

    Listing agent Mason Wood License #SA00094197

    Listing office Colliers International - Branch Office 3503 S 55th St, Suite 200 102, AR

    Listing date Jan 22, 2025

    MLS# 1296673

    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.

    HighLights

    • Located in a highly‑trafficked area at the corner of Second Street and Highway 102 (Hudson Road) with stop light access.
    • Proximity to Interstate 49, Historic Downtown Rogers, and Beaver Lake.
    • Near new Kum & Go and Storage World development projects, America's CarMart corporate offices, and Rogers Executive Airport.
    • 8,800 square feet of retail space available within a 15,008 square‑foot retail center.
    • Well lit parking with abundant space.
    • Adjacent to Seven Brew.

    Overview

    2nd Street Shoppes is a 15,008 square-foot retail center situated at the northeast corner of Second Street and Highway 102 (Hudson Road) in Rogers, Arkansas. The property offers 8,800 square feet of retail space. The location is less than four miles east of Interstate 49, the main commercial corridor of Northwest Arkansas, and less than two miles north of Historic Downtown Rogers. It is also a short drive to Beaver Lake. The property is near new development projects, including Kum & Go and Storage World, and is also located near the new America's CarMart corporate offices and Rogers Executive Airport. The retail space features an open concept layout and is situated in a highly-trafficked area with a stop light. The parking area is well-lit with abundant space and is adjacent to Seven Brew.
    Property Profile Location Intelligence

    Current Use by Public Records

    Betty's Attic & Jen's ... (Bike/Boat/Book/etc) Store TEKILAS BAR AND GRILL Restaurant Onin Staffing Employment Agency Racha's Boutique Clothing Store Chase Foust - State ... Insurance Agency

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Rogers
    County
    Benton
    State
    Arkansas
    Longitude
    -94.115574
    Latitude
    36.356259

    Nearby Similar for Lease

    • $31 SF/Yr
      1,238 SF

      Turnkey Restaurant in Downtown Rogers

      Fully equipped restaurant space with premier patio in downtown Rogers.
      113 S 2nd Street, Rogers, AR 72756
      View Details
    • $18 SF/Yr
      13,365 SF

      Modern Flex Warehouse Space Available

      Adaptable industrial and office spaces near Interstate 49.
      2714 Little Flock Drive, Rogers, AR 72756
      View Details
    • $17 SF/Yr
      7,821 SF

      Modern Flex Warehouse in Rogers

      New construction flex warehouse space available for lease.
      2714 Little Flock Drive, Rogers, AR 72756
      View Details
    • $22 SF/Yr
      3,000 SF

      Flex Office Suite with Overhead Door

      3,000 SF suite with reception, four private offices, kitchenette, and a flex warehouse with overhead door.
      2420 S 8th Street, Rogers, AR 72758
      View Details
    • $18 SF/Yr
      1,800 SF

      Modern Flex Warehouse Space

      High-function industrial and office spaces for lease in Rogers.
      2714 Little Flock Drive, Rogers, AR 72756
      View Details
    • $17 SF/Yr
      8,499 SF

      Modern Flex Warehouse Space

      Adaptable industrial and office spaces near Interstate 49.
      2714 Little Flock Drive, Rogers, AR 72756
      View Details
    • $14 SF/Yr
      2,400 SF

      Executive Private Office Suite

      Private office suite with reception area, kitchen, and multiple offices for client-facing professional use.
      411 W Poplar Street, Rogers, AR 72756
      View Details
    • $16 SF/Yr
      8,140 SF

      Modern Flex Warehouse in Rogers

      New construction flex space near Interstate 49.
      2714 Little Flock Drive, Rogers, AR 72756
      View Details
    • $18 SF/Yr
      1,150 SF

      Professional Office or Medical Space

      Adaptable 1,150 SF space suitable for office or medical use.
      201 S 19th Street, Rogers, AR 72758
      View Details
    • $25 SF/Yr
      404 SF

      Updated Executive Office Suite

      Updated office suite in a historic downtown building, positioned for visibility and walkable access to area businesses.
      214 S 1st Street, Rogers, AR 72756
      View Details
    • $14 SF/Yr
      4,086 SF

      Rogers Flex Space For Lease

      4,086 SF flex space ideal for industrial, warehouse users.
      2605 Storage Parkway, Rogers, AR 72756
      View Details
    • $17 SF/Yr
      1,400 SF

      Versatile Commercial Suite in Rogers

      Well-maintained 1,400 SF commercial suite with flexible layout.
      201 S 20th Street, Rogers, AR 72758
      View Details

    FAQs

    What type of property is this?
    Shopping center - Retail space in high-traffic area near commercial corridor.
    Where is this shopping center located?
    The property is located at 2511 N 2nd Street Rogers, AR.
    What is the lease rate?
    The lease rate is $17 SF/Yr.
    What are key features of this property?
    This property features: Located in a highly‑trafficked area at the corner of Second Street and Highway 102 (Hudson Road) with stop light access.; Proximity to Interstate 49, Historic Downtown Rogers, and Beaver Lake.; Near new Kum & Go and Storage World development projects, America's CarMart corporate offices, and Rogers Executive Airport.
    (479) 409-0409
    We can help!
    Listing Contact
    Mason Wood
    Mason Wood
    Real Estate License ID: SA00094197
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    2511 N 2nd Street, Rogers, AR 72756
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!