Subdivisible Office
For Sale
Contact for pricing
119 E Walnut St, Rogers, AR 72756
Office property with parking and a flexible layout for multiple suites.
Property Size11,680 SF
Price / SF$299.66
Days on Market124
Property Features for 119 E Walnut St
General Information
Standard status
Active
Size
11,680 SF
Total Parking Spaces
36
Property subtype
OFFICE
Listing Agency:
Kelley Commercial Partners - Springdale
Listed By:
Matt Hairston
(479) 443-8002
Source:
Moodyscre
Added: Jun 15
Changed: Oct 12
Last Checked: Oct 16 at 9:25AM
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 Kelley Commercial Partners - Springdale
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Investment Insights
Based on property information with market context.
This office building contains 11,680 square feet and can be divided into two or three office suites. On-site parking accommodates 36 cars, supporting separate occupants or a multi-suite configuration.
The property is located at 119 E Walnut St in Rogers, Arkansas, within walking distance of downtown amenities. Current tenant lease terms include two years remaining.
The property is located at 119 E Walnut St in Rogers, Arkansas, within walking distance of downtown amenities. Current tenant lease terms include two years remaining.
Key Highlights
- 11,680‑square‑foot office building
- Configurable into 2‑3 office suites
- On‑site parking for 36 cars
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$181,248
Cap Rate
5.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,624,960
$3.6M
Cap Rate 7%
$2,589,257
$2.6M
Cap Rate 9%
$2,013,867
$2.0M
Market Conditions
NOI Build-Up for 11,680 SF
Gross rent
$259.3K $22.20/SF
− Vacancy
−$17.6K −$1.51/SF
EGI
$241.7K $20.69/SF
− OpEx
−$60.4K −$5.17/SF
NOI
$181.2K $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%
$3,624,960
Cap Rate 7%
$2,589,257
Cap Rate 9%
$2,013,867
Alternative Uses
Best Use
Office B
$2.59M
$2.27M – $3.02M
NOI $181,248 @ 7.0% cap · market cap 5.18%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.21M
$2.81M – $3.74M
NOI $224,682 @ 7.0% cap · market cap 6.42%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,036
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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - Office property with parking and a flexible layout for multiple suites.
Where is this office building located?
The property is located at 119 E Walnut St Rogers, AR.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: 11,680‑square‑foot office building; Configurable into 2‑3 office suites; On‑site parking for 36 cars
