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Office Building with Private Bathrooms
For Sale
$4,000,000
Pending

1700 Industrial Drive, Rogers, AR 72756

CommercialSale, Rogers, AR

Property Size21,693 SF
Lot Size2.69 Acres
Days on Market512

Property Features for 1700 Industrial Drive

General Information

Property type Commercial Sale
Property subtype Office
Zoning description Commercial
Parking 100
Parking features Parking Lot
Security features Security
Lot features Business Park, Central Business District, Cul De Sac, City Lot, Near Golf Course, Industrial Park
Directions From Hudson take N 17th St to W Industrial Drive
Standard status Pending
APN 02-14319-000
Size 21,693 SF
Lot size 2.69 Acres

Taxes and HOA fees

Tax Description PLAT 8/06/1997 23L-25
Tax Annual Amount 20588
Legal Description PLAT 8/06/1997 23L-25

Utilities

Heating system Natural Gas
Cooling system Central Air
Water source Public

Amenities

private bathrooms
kitchenettes
full kitchen
carpet floor tiles
tiled bathrooms
LED lighting
secure key fob access
walkable landscaped areas

Building Details

Year built 1998
Floors in Building 2
Flooring type Carpet, Tile
Building materials Brick
Listing Agency: REMAX Real Estate Results · RE/MAX International
Listed By: Donna Speed · License #SA00082370
Added: May 13, 2025 Changed: Sep 12 Last Checked: Oct 6 at 6:06PM
MLS# 1307282

Copyright © 2026 ArkansasONE MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 21,693-square-foot office building at 1700 Industrial Drive in Rogers includes suites A through H, all currently occupied. Constructed in 1998 with brick exterior construction, the property provides individual kitchenettes throughout, including a full kitchen in one suite. Each suite has a private bathroom, with his-and-her restroom arrangements in most suites and multiple stalls in some. Interior finishes include carpet floor tiles, tiled bathrooms, and LED lighting. Three suites are equipped with secure key fob access systems.

The building occupies a 2.69-acre, tree-lined lot with a paved parking lot and landscaped areas suitable for walking. It is located minutes from the Walmart Home Office in Rogers, Benton County, Arkansas. Building systems include natural gas heating, central air conditioning, and public water service. The property is offered for sale as an occupied office asset with multiple separately configured suites.

Key Highlights

  • 21,693‑square‑foot office building on 2.69 acres
  • Suites A‑H are fully occupied
  • Individual kitchenettes in each suite, including one full kitchen

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$336,628
Cap Rate
8.42%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,732,560 $6.7M
Cap Rate 7%
$4,808,971 $4.8M
Cap Rate 9%
$3,740,311 $3.7M
Market Conditions
NOI Build-Up for 21,693 SF
Gross rent
$481.6K $22.20/SF
− Vacancy
−$32.7K −$1.51/SF
EGI
$448.8K $20.69/SF
− OpEx
−$112.2K −$5.17/SF
NOI
$336.6K $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 Rate 5%
$6,732,560
Cap Rate 7%
$4,808,971
Cap Rate 9%
$3,740,311

Alternative Uses

Best Use
Office B
$4.81M
$4.21M – $5.61M (±1% cap)
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 (±1% cap)
NOI $417,297 @ 7.0% cap · market cap 10.43%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

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

Suggested Use

Top Pick Real Estate Agency Restaurant Law Firm Pharmacy Spa & Massage Center Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

8
Office units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

259
Businesses Nearby

Demographics for 72756, AR

41,875
Population
17,225
Households
2.4
Avg Household Size
37
Median Age
24%
College-Educated
86%
High-School Grad
129.9 sq mi
ZIP Area
322
Density / Sq Mi
$70,900
Median Household Income
$37,510
Median Earnings
$914
Median Rent
$243,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Fully occupied suites offer individual kitchenettes, dedicated restrooms, and paved parking on a landscaped commercial property.
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: 21,693‑square‑foot office building on 2.69 acres; Suites A‑H are fully occupied; Individual kitchenettes in each suite, including one full kitchen
More about this property
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