119 S 2nd Street, Rogers, AR 72756
11,600 SF two-story office building with high-end finishes.
- Added:
- May 16, 2025
- Days on Market:
- 391
- Last Refresh:
- Apr 8 at 1:29 am
Property Features for 119 S 2nd Street
General Information
- Standard status
- Active
- Size
- 11,600 SF
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1987
Listing agent Corey Fuhrman License #AB00081934 (479) 504-2034
Listing office Focus Commercial Real Estate (479) 504-2034
Listing date May 16, 2025
Source Exitrealty
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 Focus Commercial Real Estate
HighLights
- 11,600 SF two‑story office building
- Roof replaced in 2025
- Asking price: $2,494,000
- Additional lot with 6 parking spaces included
- Large offices throughout
- High‑end wood finishes
Overview
Local Financial Insights For Office B
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 | $257.5k | $22.20 |
| − Vacancy | −$17.5k | −$1.51 |
| EGI | $240.0k | $20.69 |
| − OpEx | −$60.0k | −$5.17 |
| NOI | $180.0k | $15.52 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Rogers
- County
- Benton
- State
- Arkansas
- Longitude
- -94.11734
- Latitude
- 36.33286
