119 S 2nd Street, Rogers, AR 72756
Two-story office building with large offices, abundant natural light, and a 2025 roof replacement plus an extra parking lot.
- Added:
- Apr 24, 2026
- Days on Market:
- 65
- Last Refresh:
- Jun 27 at 2:40 am
Property Features for 119 S 2nd Street
General Information
- Standard status
- Active
- Size
- 11,600 SF
- Property subtype
- Office
Building Details
- Year Built
- 1987
Listing office Keller Williams Market Pro Realty - Rogers Branch
Listing date Apr 24, 2026
Source 1percentlistsarkansas
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HighLights
- Two‑story office building totaling 11,600 SF, built in 1987
- Large offices throughout with a flexible layout across both levels
- Abundant natural light throughout the building
- Roof replaced in 2025
- Additional lot included with six parking spaces
Overview
The property is located at 119 S 2nd Street in Rogers, AR, in the Rogers Historical Downtown area. An additional lot is included with six parking spaces, giving added off-street parking capacity to support building access and tenant operations.
For prospective tenants or buyers, the configuration of multiple large offices can fit a range of professional service requirements, from administrative and managerial space to teams that prefer dedicated rooms. The combination of a recently replaced roof, two-story layout, and included parking lot provides practical considerations for organizations seeking a functional, move-in-ready office setting in a historic downtown setting, subject to meeting any applicable use and occupancy requirements.
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
