Drywalled Flex Industrial End
117-2109 S 31st St Rogers, AR 72756
117-2109 S 31st St, Rogers, AR, 72756
$399,000
For Sale
$399,000
Fully drywalled flex unit with installed lighting, electrical outlets, and completed HVAC plus a 14-foot overhead door.
Property Size1,250 SF
Price / SF$319.20
Days on Market56
Property Features for 117-2109 S 31st St
General Information
- Standard status
- Active
- Size
- 1,250 SF
Listing agency
Wright St. Real Estate
(479) 445-8313
Listed by
Matthew Zaidner · License #SA00078025
(479) 445-8313
Source
Exprealty
Added: May 29 Updated: Jul 22 at 5:10AM Checked: Jul 22 at 5:10AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Wright St. Real Estate
Investment Insights
Based on property information with market context.
This fully drywalled flex/industrial suite comes with installed lighting and electrical outlets, along with a completed HVAC system. The unit also features soaring ceilings and an overhead door measuring 14’H x 12’W.
The suite is an end unit within a gated community, located directly across from Pinnacle Hills Promenade and beside the future Ozark FC arena.
With its interior buildout and dedicated overhead door access, the space is suited to uses that benefit from a finished interior while maintaining straightforward loading access.
The suite is an end unit within a gated community, located directly across from Pinnacle Hills Promenade and beside the future Ozark FC arena.
With its interior buildout and dedicated overhead door access, the space is suited to uses that benefit from a finished interior while maintaining straightforward loading access.
Key Highlights
- Fully drywalled flex unit with installed lighting, electrical outlets, and a completed HVAC system
- 14’ H x 12’ W overhead door for easy access and larger equipment
- End unit within the Marque Suites collection
Local Financial Insights For Flex RnD
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 | $21.0k | $16.80 |
| − Vacancy | −$1.5k | −$1.21 |
| EGI | $19.5k | $15.59 |
| − OpEx | −$6.8k | −$5.46 |
| NOI | $12.7k | $10.13 |
1,250 SF · lease $16.80/SF/yr · vacancy 7.20% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$181.0K
$158.3K – $211.1K
NOI $12,667 @ 7.0% cap · market cap 3.17%
Second Best
Warehouse
$81.6K
$71.4K – $95.2K
NOI $5,712 @ 7.0% cap · market cap 1.43%
Theoretical Best
Office A
$343.5K
$300.6K – $400.8K
NOI $24,046 @ 7.0% cap · market cap 6.03%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
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Similar Off Market Nearby
- Oloris Kitchen - Authentic African Cuisine — 2810 W Walnut St Suite B, Rogers, AR 72756
FAQs
What type of property is this?
Flex space - Fully drywalled flex unit with installed lighting, electrical outlets, and completed HVAC plus a 14-foot overhead door.
Where is this flex space located?
The property is located at 117-2109 S 31st St Rogers, AR.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Fully drywalled flex unit with installed lighting, electrical outlets, and a completed HVAC system; 14’ H x 12’ W overhead door for easy access and larger equipment; End unit within the Marque Suites collection
