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119 S 2nd St, Rogers, AR, 72756
Two-Story Office Building

119 S 2nd St Rogers, AR 72756

For Sale
Contact for pricing

Two-story office building with large offices, high-end wood finishes, ample natural light, and a 2025 roof replacement.

Property Size11,600 SF
Price / SF$215
Days on Market439

Property Features for 119 S 2nd St

General Information

Standard status
Active
Size
11,600 SF
Property subtype
OFFICE
Listing Agency: Focus Commercial Real Estate
Listed By: Corey Fuhrman · License #AB00081934
Source: Moodyscre
Added: May 15, 2025 Changed: Jul 26 Last Checked: Jul 26 at 10:50AM

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


Investment Insights

Based on property information with market context.

This two-story office building offers 11,600 square feet of workspace with large offices throughout. The interior is described as having high-end wood finishes and ample natural light, supporting a professional, client-facing feel.

The roof was replaced in 2025. An additional lot is included with six parking spaces, providing extra on-site parking capacity for occupants and visitors.

Overall, the building is configured as a traditional office environment with multiple large office rooms and finished interior upgrades, making it suitable for organizations seeking a more refined setting.

Key Highlights

  • 11,600 SF two‑story office building
  • Roof replaced in 2025
  • Large offices throughout

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
11,600 SF · lease $22.20/SF/yr · vacancy 6.80% · expense 25.00%

Alternative Uses

Best Use
Office B
$2.57M
$2.25M – $3.00M (±1% cap)
NOI $180,006 @ 7.0% cap · market cap 7.22%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.19M
$2.79M – $3.72M (±1% cap)
NOI $223,143 @ 7.0% cap · market cap 8.95%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

David R. Matthews Law Firm Weber Kimberly R Law Firm Matthews, Campbell, Rhoads, ... Law Firm North Winds Investigations Law Firm Waddoups Sarah L Law Firm

Suggested Use

Parking Lot & Garage Real Estate Agency Grocery & Convenience Store Storage Facility Daycare Center (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Garden Center Auto Parts Store Veterinary Clinic

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

FAQs

What type of property is this?
Office building - Two-story office building with large offices, high-end wood finishes, ample natural light, and a 2025 roof replacement.
Where is this office building located?
The property is located at 119 S 2nd St Rogers, AR.
What is the asking price?
The asking price for this property is $2,494,000.
What are key features of this property?
This property features: 11,600 SF two‑story office building; Roof replaced in 2025; Large offices throughout
(479) 504-2034 Call to check price and availability
More about this property
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