Fully Occupied Office Building
1700 Industrial Drive Rogers, AR 72756
1700 Industrial Drive, Rogers, AR, 72756
$4,000,000
For Sale
$4,000,000
Prime location office building near Walmart Home Office.
Property Size21,693 SF
Price / SF$184.39
Days on Market433
Property Features for 1700 Industrial Drive
General Information
- Standard status
- Active
- Size
- 21,693 SF
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1998
Listing Agency
REMAX Real Estate Results
(479) 366-7921
Listed by
Donna Speed · License #SA00082370
(479) 366-7921
Source
Exitrealty
Added: May 13, 2025 Checked: Jun 26 at 12:00 pm
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 REMAX Real Estate Results
Investment Insights
Based on property information with market context.
This fully occupied office building, located minutes from the Walmart Home Office, presents a strong investment opportunity. The property features multiple suites, designated A through H, situated on a large, tree-lined lot with ample paved parking. Each suite includes a private bathroom, with most offering his-and-her restrooms and some containing multiple stalls. Individual kitchenettes are also included in each suite, with one suite featuring a full kitchen. The interiors are finished with carpet floor tiles, tiled bathrooms (some offices fully or partially tiled), and energy-efficient LED lighting throughout. Three suites are equipped with secure key fob access systems. Walkable, landscaped areas surround the property, contributing to a professional setting. The building has a total size of 21693 square feet.
Key Highlights
- Prime location near Walmart Home Office
- Fully occupied with multiple suites (A‑H)
- Strong tenant appeal and long‑term investment potential
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 | $481.6k | $22.20 |
| − Vacancy | −$32.7k | −$1.51 |
| EGI | $448.8k | $20.69 |
| − OpEx | −$112.2k | −$5.17 |
| NOI | $336.6k | $15.52 |
21,693 SF · lease $22.20/SF/yr · vacancy 6.80% · expense 25.00%
Alternative Uses
Best Use
Office B
$4.81M
$4.21M – $5.61M
NOI $336,628 @ 7.0% cap · market cap 8.42%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.96M
$5.22M – $6.95M
NOI $417,297 @ 7.0% cap · market cap 10.43%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Software Strategies Inc
(Bike/Boat/Book/etc) Store
Stacey Carlson Insurance
Insurance Agency
Carrie D. Wilson, ...
Financial Advisor
Preferred Restoration
Hardware & Home Improvement
Eficens Systems Bentonville
Corporate Office
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - Prime location office building near Walmart Home Office.
Where is this office building located?
The property is located at 1700 Industrial Drive Rogers, AR.
What is the asking price?
The asking price for this property is $4,000,000.
What are key features of this property?
This property features: Prime location near Walmart Home Office; Fully occupied with multiple suites (A‑H); Strong tenant appeal and long‑term investment potential
