Building Details

Year Built 2026

Listing Agency: Collier & Associates Show Phone

Listed By: Sara Posey · License #EB00060940 Show Phone

Source: Exitrealty

Added: May 18 Changed: Oct 19 Last Checked: Oct 19 at 4:50AM

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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 Collier & Associates

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Investment Insights

Based on property information with market context.

This 2026 flex-space property consists of three connected suites configured as a single offering. Each suite includes a 14'H x 12'W overhead door, and owners may tailor the interiors through an onsite contractor or an approved builder. The combined property size is 3750.

The suites are positioned adjacent to the Promenade Mall in Rogers’ Entertainment District and face the community clubhouse. The gated development is 1.5 miles from Pinnacle Country Club, Estates at Southgate, and Shadow Valley. The property is located at 2103 31st Street, Triple Suite 16, 17, 18, Rogers, AR 72758.

Key Highlights

• Triple‑suite flex‑space offering
• 14'H x 12'W overhead door at each suite
• 3750 property size

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$38,002

Cap Rate

3.21%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$760,040 $760.0K

Cap Rate 7%

$542,886 $542.9K

Cap Rate 9%

$422,244 $422.2K

Is this asking price fair?

Market Conditions

NOI Build-Up for 3,750 SF

Gross rent

$63.0K $16.80/SF

− Vacancy

−$4.5K −$1.21/SF

EGI

$58.5K $15.59/SF

− OpEx

−$20.5K −$5.46/SF

NOI

$38.0K $10.13/SF

Area

Benton County, AR

Vacancy

7.20%

Lease Rate

$16.80 /SF/Yr

Expense Ratio

35.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$760,040

Cap Rate 7%

$542,886

Cap Rate 9%

$422,244

Alternative Uses

Best Use

Flex RnD

$542.9K

$475.0K – $633.4K (±1% cap)

NOI $38,002 @ 7.0% cap · market cap 3.21%

Second Best

Industrial

$201.6K

$176.4K – $235.2K (±1% cap)

NOI $14,112 @ 7.0% cap · market cap 1.19%

Theoretical Best

Office A

$1.03M

$901.7K – $1.20M (±1% cap)

NOI $72,137 @ 7.0% cap · market cap 6.09%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Law Firm Hair Salon Spa & Massage Center Restaurant Nail Salon Big Box & Wholesale Store

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

Location Intelligence

Trade Area within ½ mile

107

Businesses Nearby

Under-served

Demand for This Use

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 Industrial in South region

6% 2019

6.5% 2020

4% 2021

3.5% 2022

6% 2023

7.6% 2024

7.9% 2025

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Frequently Asked Questions

What type of property is this?

Flex space - Three connected suites offer customizable commercial space within a gated community near the Promenade Mall.

Where is this flex space located?

The property is located at 2103 31st Street Triple Suite 16 17 18 Rogers, AR.

What is the asking price?

The asking price for this property is $1,185,000.

What are key features of this property?

This property features: Triple‑suite flex‑space offering; 14'H x 12'W overhead door at each suite; 3750 property size