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    Restaurant Building in Scottsdale Center Title is generated by Realmo AI

    609 N 46th Street, Rogers, AR 72756

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    Claim this Listing
    For Sale
    $1,425,000

    6,000 SF restaurant building for sale near national retailers.

    Type:Commercial/Industrial
    Property size:
    6,000 SF
    Lot size:
    1.14 Acres
    Price / SF:
    $237/SF
    Added:
    Jul 6, 2023
    Days on Market:
    1077
    Last Refresh:
    May 20 at 2:43 am

    Property Features for 609 N 46th Street

    General Information

    Standard status
    Active
    Size
    6,000 SF
    Lot size
    1.14 Acres
    Property subtype
    Commercial/Industrial

    Building Details

    Year Built
    2003

    We can help!

    Listing Contact
    Alan Cole
    Alan Cole

    Listing agent Alan Cole License #SA00056917

    Listing office Colliers International - Branch Office

    Listing date Jul 6, 2023

    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 Colliers International - Branch Office

    HighLights

    • High‑traffic location in "Restaurant Row" shopping destination.
    • 6,000 square foot restaurant building.
    • Located in Scottsdale Shopping Center.
    • Surrounded by national retailers (Kohl’s, Barnes & Noble, Belk, Lowe’s).
    • Adjacent to Malco Theatre.
    • Quick access to Interstate 49.

    Overview

    A 6,000 square foot restaurant building is available for sale within the Scottsdale Shopping Center. The location is surrounded by national retailers, including Kohl’s, Barnes & Noble, Belk, and Lowe’s. It is adjacent to Malco Theatre and offers quick access to Interstate 49. The area is known as “Restaurant Row” due to its popularity as a shopping destination on the W Walnut Street and SE Walton Blvd city line.

    Local Financial Insights For Specialty Retail

    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 $115.2k $19.20
    − Vacancy −$7.6k −$1.27
    EGI $107.6k $17.93
    − OpEx −$26.9k −$4.48
    NOI $80.7k $13.45
    6,000 SF · lease $19.20/SF/yr · vacancy 6.60% · expense 25.00%

    Alternative Uses

    Best Use
    Specialty Retail
    $1.15M
    $1.01M – $1.34M (±1% cap)
    NOI $80,698 @ 7.0% cap · market cap 5.66%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $1.65M
    $1.44M – $1.92M (±1% cap)
    NOI $115,419 @ 7.0% cap · market cap 8.10%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Conventional restaurants

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Rogers
    County
    Benton
    State
    Arkansas
    Longitude
    -94.1788
    Latitude
    36.3409

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    FAQs

    What type of property is this?
    Conventional restaurant - 6,000 SF restaurant building for sale near national retailers.
    Where is this conventional restaurant located?
    The property is located at 609 N 46th Street Rogers, AR.
    What is the asking price?
    The asking price for this property is $1,425,000.
    What are key features of this property?
    This property features: High‑traffic location in "Restaurant Row" shopping destination.; 6,000 square foot restaurant building.; Located in Scottsdale Shopping Center.
    (479) 636-9000
    We can help!
    Listing Contact
    Alan Cole
    Alan Cole
    Real Estate License ID: SA00056917
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