Multi-Tenant Office
1114 Poplar Place, Rogers, AR 72756
For Sale
$3,900,000
CommercialSale, Rogers, AR
Property Size14,448 SF
Lot Size1.47 Acres
Price / SF$269.93
Days on Market92
Property Features for 1114 Poplar Place
General Information
Property type
Property subtype
Lot features
Directions
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Description
Tax Annual Amount
Legal Description
Listing Agency:
The Griffin Company Commercial Division-Springdale · Weichert
(479) 756-1003
Listed By:
Joel Treat · License AR EB63167-D02
(479) 871-4366
Added: Aug 10
Changed: Oct 14
Last Checked: Nov 9 at 11:06PM
MLS# 1358414
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.
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Investment Insights
Based on property information with market context.
This office property spans four parcels and includes two buildings totaling 14,448 square feet. The 7,600-square-foot building is leased to the Rogers Library System, while the 6,846-square-foot building is fully occupied by multiple tenants.
A separate 0.8-acre outlot provides additional land within the property. The site is less than 1 mile from downtown Rogers.
A separate 0.8-acre outlot provides additional land within the property. The site is less than 1 mile from downtown Rogers.
Key Highlights
- Two office buildings measure 7,600 square feet and 6,846 square feet
- 7,600‑square‑foot building is leased to the Rogers Library System
- 6,846‑square‑foot building has multiple tenants and is fully occupied
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$224,201
Cap Rate
5.75%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,484,020
$4.5M
Cap Rate 7%
$3,202,871
$3.2M
Cap Rate 9%
$2,491,122
$2.5M
Market Conditions
NOI Build-Up for 14,448 SF
Gross rent
$320.7K $22.20/SF
− Vacancy
−$21.8K −$1.51/SF
EGI
$298.9K $20.69/SF
− OpEx
−$74.7K −$5.17/SF
NOI
$224.2K $15.52/SF
Area
Benton County, AR
Vacancy
6.80%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,484,020
Cap Rate 7%
$3,202,871
Cap Rate 9%
$2,491,122
Alternative Uses
Best Use
Office B
$3.20M
$2.80M – $3.74M
NOI $224,201 @ 7.0% cap · market cap 5.75%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.97M
$3.47M – $4.63M
NOI $277,929 @ 7.0% cap · market cap 7.13%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
980
Businesses Nearby
Explore this area
Business Placement
Demographics for 72756, AR
41,875
Population
17,225
Households
2.4
Avg Household Size
37
Median Age
24%
College-Educated
86%
High-School Grad
129.9 sq mi
ZIP Area
322
Density / Sq Mi
$70,900
Median Household Income
$37,510
Median Earnings
$914
Median Rent
$243,000
Median Home Value
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Market
Average Price Trend$/SF for Office buildings in Rogers, AR
Properties on Market for Office buildings in Rogers
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - Two occupied buildings and a separate 0.8-acre outlot form a four-parcel office property near downtown Rogers.
Where is this office building located?
The property is located at 1114 Poplar Place Rogers, AR.
What is the asking price?
The asking price for this property is $3,900,000.
What are key features of this property?
This property features: Two office buildings measure 7,600 square feet and 6,846 square feet; 7,600‑square‑foot building is leased to the Rogers Library System; 6,846‑square‑foot building has multiple tenants and is fully occupied
