Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Downtown Rogers Office/Retail Building Title is generated by Realmo AI

    401 N 2ND Street, Rogers, AR 72756

    View on Map
    Claim this Listing
    For Lease
    $1.00 SF/Yr $247/Mo (calc)

    COMMERCIAL - Rogers, AR

    Type:Office
    Property size:
    2,972 SF
    Lot size:
    0.36 Acres
    Added:
    Feb 16, 2026
    Days on Market:
    95
    Last Refresh:
    May 22 at 2:06 am

    Property Features for 401 N 2ND Street

    General Information

    Property type
    Commercial Lease
    Property subtype
    Office
    Standard status
    Active
    Size
    2,972 SF
    Lot size
    0.36 Acres

    Taxes and HOA fees

    Tax Annual Amount
    2116
    Expense value
    3900
    Expense
    SecurityDeposit
    Expense freq.
    One Time

    Building Details

    Year built
    1988
    Floors in Building
    1

    We can help!

    Listing Contact
    Cameron Torabi

    Listing agent Cameron Torabi License #PB00056565

    Listing office Mason Capital Group Real Estate Investment & Trust 609 SW 8th St. 6th Flr, BENTONVILLE, AR

    Listing date Feb 16, 2026

    MLS# 1336089

    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

    • Prime Downtown Rogers Location in a rapidly developing area with excellent visibility.
    • Standalone Building: A rare opportunity for a well‑located, independent space.
    • Unmatched Branding Potential with a prominent corner billboard and large commercial marquee for tenant signage.
    • Versatile Use: Suitable for office, retail, or professional services.
    • Iconic Setting: Near the landmark water tower and surrounded by new projects and downtown activity.
    • Potential for owner financing.

    Overview

    Located in downtown Rogers, this +/-2,972 square foot office/retail building is available for lease. Situated at 401 N 2nd St, the property benefits from its location on a major, high-traffic corridor amidst the area's newest development activity. The property is suitable for various uses, including therapy, attorney, CPA, professional services, or boutique retail, seeking strong visibility and easy client access. The location is near the downtown water tower and surrounded by new projects, restaurants, and downtown activity. The property offers branding opportunities, including a prominent corner billboard and a large commercial marquee for tenant signage and daily exposure. The lot size is 0.36 acres. The owner may consider selling and or offer owner financing.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Andora Real Estate Real Estate Agency Mary's Painting Painting

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Rogers
    County
    Benton
    State
    Arkansas
    Longitude
    -94.116542
    Latitude
    36.336479

    Nearby Similar for Lease

    • $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
    • $11 SF/Yr
      4,000 SF

      Downtown Rogers Commercial Space For Rent

      Prime commercial space in vibrant Downtown Rogers entertainment district.
      300 S First Street, Rogers, AR 72756
      View Details
    • $14 SF/Yr
      4,086 SF

      Rogers Flex Space Available

      Flex space with office, dock, and grade-level access.
      2605 Storage Parkway, Rogers, AR 72756
      View Details
    • $13 SF/Yr
      2,579 SF

      Rogers Flex Space For Lease

      Flex space near Interstate 49, suitable for industrial or warehouse.
      1719 W Acorn Drive, Rogers, AR 72758
      View Details
    • $675/Mo
      190 SF

      Rogers Office Space For Rent

      190 SF office space in a convenient Rogers location.
      6 Halsted Circle, Rogers, AR 72756
      View Details
    • $1,095/Mo
      235 SF

      Rogers Office Space For Rent

      Corner office space with private entrance and sink available.
      6 Halsted Circle, Rogers, AR 72756
      View Details
    • $10 SF/Yr
      79,200 SF

      Industrial Space in Rogers, AR

      Functional office and warehouse space with strong regional connectivity.
      1300 W Hudson Road, Rogers, AR 72756
      View Details
    • $19 SF/Yr
      1,750 SF

      Retail Space in Kingston Centre

      Highly visible retail space in Rogers, near I-49.
      4408 W Walnut Street, Rogers, AR 72756
      View Details
    • $14 SF/Yr
      3,000 SF

      Versatile Commercial Space in Rogers

      3,000 SF commercial space for lease in high-visibility Rogers location.
      2600 W Hudson Road, Rogers, AR 72756
      View Details
    • $15 SF/Yr
      5,100 SF

      High-Visibility Retail/Office Space

      Prime commercial space on Walnut Street in Rogers, Arkansas.
      1500 W Walnut Street, Rogers, AR 72756
      View Details
    • $19 SF/Yr
      4,000 SF

      New Construction Flex Space Available

      New flex space for lease in high-traffic Rogers location.
      2420 S 8th Street, Rogers, AR 72758
      View Details

    FAQs

    What type of property is this?
    Office building - Office/retail building in high-traffic downtown Rogers corridor.
    Where is this office building located?
    The property is located at 401 N 2ND Street Rogers, AR.
    What is the lease rate?
    The lease rate is $1.00 SF/Yr.
    What are key features of this property?
    This property features: Prime Downtown Rogers Location in a rapidly developing area with excellent visibility.; Standalone Building: A rare opportunity for a well‑located, independent space.; Unmatched Branding Potential with a prominent corner billboard and large commercial marquee for tenant signage.
    (479) 510-3333
    We can help!
    Listing Contact
    Cameron Torabi
    Real Estate License ID: PB00056565
    Learn More
    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
    401 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!