Two-Story Office
For Sale
$4,148,250
5209 W Village Parkway, Rogers, AR 72758
The layout includes private offices, file rooms, conference rooms, and a breakroom.
Property Size11,062 SF
Price / SF$375
Days on Market50
Property Features for 5209 W Village Parkway
General Information
Standard status
Active
Size
11,062 SF
Amenities
walking trail
lake
conference rooms
breakroom
Listing Agency:
Devereux Group
(479) 936-4200
Listed By:
Pat Morrison · License #EB00015490
(479) 936-4200
Source:
Connectrealtynwa
Added: Jul 14
Changed: Aug 31
Last Checked: Aug 31 at 5:12PM
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 Devereux Group
Investment Insights
Based on property information with market context.
This 11,062 SF office property at 5209 W Village Parkway in Rogers, Arkansas, is arranged across two full floors. The interior program includes 32 total offices, two file rooms, two conference rooms, and a breakroom, providing a substantial mix of dedicated work, meeting, records, and staff-support areas.
The property is part of Village on the Creeks, an office park that also includes retail, restaurant, and medical tenants. Shared site features described for the park include a walking trail along Razorback Greenway and a lake with views. The property is offered for sale and has also been marketed for lease under MLS#1294678.
The property is part of Village on the Creeks, an office park that also includes retail, restaurant, and medical tenants. Shared site features described for the park include a walking trail along Razorback Greenway and a lake with views. The property is offered for sale and has also been marketed for lease under MLS#1294678.
Key Highlights
- 11,062 SF office property at 5209 W Village Parkway, Rogers, AR 72758
- Two full floors of office space
- 32 total offices
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$171,658
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.14%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,433,160
$3.4M
Cap Rate 7%
$2,452,257
$2.5M
Cap Rate 9%
$1,907,311
$1.9M
Market Conditions
NOI Build-Up for 11,062 SF
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.
Gross rent
$245.6K $22.20/SF
− Vacancy
−$16.7K −$1.51/SF
EGI
$228.9K $20.69/SF
− OpEx
−$57.2K −$5.17/SF
NOI
$171.7K $15.52/SF
Area
Benton County, AR
Vacancy
6.80%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,433,160
Cap Rate 7%
$2,452,257
Cap Rate 9%
$1,907,311
Alternative Uses
Best Use
Office B
$2.45M
$2.15M – $2.86M
NOI $171,658 @ 7.0% cap · market cap 4.14%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.04M
$2.66M – $3.55M
NOI $212,794 @ 7.0% cap · market cap 5.13%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,201
Businesses Nearby
Explore this area
Business Placement
Demographics for 72758, AR
45,105
Population
18,145
Households
2.5
Avg Household Size
34
Median Age
42%
College-Educated
88%
High-School Grad
31.3 sq mi
ZIP Area
1,441
Density / Sq Mi
$94,605
Median Household Income
$49,856
Median Earnings
$1,300
Median Rent
$358,200
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - The layout includes private offices, file rooms, conference rooms, and a breakroom.
Where is this office building located?
The property is located at 5209 W Village Parkway Rogers, AR.
What is the asking price?
The asking price for this property is $4,148,250.
What are key features of this property?
This property features: 11,062 SF office property at 5209 W Village Parkway, Rogers, AR 72758; Two full floors of office space; 32 total offices
