Flex Warehouse with Grade-Level
195 N Highway 62 Rogers, AR 72756
New
195 N Highway 62, Rogers, AR, 72756
$900,000
For Sale
$900,000
Flex space includes fully conditioned HVAC, an 8' x 8' grade-level door, and graveled parking under modified gross terms.
Property Size5,000 SF
Lot Size0.68 Acres
Price / SF$180
Days on Market4
Property Features for 195 N Highway 62
General Information
- Standard status
- Active
- Size
- 5,000 SF
- Lot size
- 0.68 Acres
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 2002
Listing Agency
Focus Commercial Real Estate
(479) 466-8499
Listed by
Palmer Hays · License #SA00088334
(479) 466-8499
Source
Exitrealty
Added: Jul 15 Checked: Jul 18 at 1:47 am
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.
Flex space is available for lease, offering fully conditioned HVAC and a functional warehouse buildout designed for practical operations. The space includes a single grade-level overhead door measuring 8' x 8' and a minimum and peak wall height of 9'. Graveled parking is provided onsite.
The property is located at 195 N Highway 62 in Rogers, Arkansas, approximately 1.5 miles from Interstate 49 for regional access. The lease rate is quoted on a modified gross structure, aligning utilities/operating expenses with the stated terms.
Available space is offered up to 12,500 square feet, with the parcel sized at 0.68 acres.
The property is located at 195 N Highway 62 in Rogers, Arkansas, approximately 1.5 miles from Interstate 49 for regional access. The lease rate is quoted on a modified gross structure, aligning utilities/operating expenses with the stated terms.
Available space is offered up to 12,500 square feet, with the parcel sized at 0.68 acres.
Key Highlights
- Up to 2,500 SF of flex space available for lease with modified gross terms
- Lease rate is $10.50 per SF (modified gross)
- Includes fully conditioned HVAC throughout
Local Financial Insights For Flex RnD
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 | $84.0k | $16.80 |
| − Vacancy | −$6.0k | −$1.21 |
| EGI | $78.0k | $15.59 |
| − OpEx | −$27.3k | −$5.46 |
| NOI | $50.7k | $10.13 |
5,000 SF · lease $16.80/SF/yr · vacancy 7.20% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$723.8K
$633.4K – $844.5K
NOI $50,669 @ 7.0% cap · market cap 5.63%
Second Best
Warehouse
$326.4K
$285.6K – $380.8K
NOI $22,848 @ 7.0% cap · market cap 2.54%
Theoretical Best
Office A
$1.37M
$1.20M – $1.60M
NOI $96,182 @ 7.0% cap · market cap 10.69%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Nautical Marine Services
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Flex space includes fully conditioned HVAC, an 8' x 8' grade-level door, and graveled parking under modified gross terms.
Where is this flex space located?
The property is located at 195 N Highway 62 Rogers, AR.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: Up to 2,500 SF of flex space available for lease with modified gross terms; Lease rate is $10.50 per SF (modified gross); Includes fully conditioned HVAC throughout
