Triple-Suite Flex
For Sale
$1,185,000
2103 31st Street Triple Suite 16 17 18, Rogers, AR 72758
Three connected suites offer customizable commercial space within a gated community near the Promenade Mall.
Property Size3,750 SF
Price / SF$316
Days on Market147
Property Features for 2103 31st Street Triple Suite 16 17 18
General Information
Standard status
Active
Size
3,750 SF
Property subtype
Commercial/Industrial
Amenities
gated community
clubhouse
overhead doors
Building Details
Year Built
2026
Listing Agency:
Collier & Associates
(479) 274-0662
Listed By:
Sara Posey · License #EB00060940
(479) 264-2471
Source:
Exitrealty
Added: Apr 14
Changed: Sep 6
Last Checked: Sep 7 at 7:08AM
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
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.
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 = 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
$38,002
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
3.21%
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%
$760,040
$760.0K
Cap Rate 7%
$542,886
$542.9K
Cap Rate 9%
$422,244
$422.2K
Market Conditions
NOI Build-Up for 3,750 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
$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 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%
$760,040
Cap Rate 7%
$542,886
Cap Rate 9%
$422,244
Alternative Uses
Best Use
Flex RnD
$542.9K
$475.0K – $633.4K
NOI $38,002 @ 7.0% cap · market cap 3.21%
Second Best
Industrial
$201.6K
$176.4K – $235.2K
NOI $14,112 @ 7.0% cap · market cap 1.19%
Theoretical Best
Office A
$1.03M
$901.7K – $1.20M
NOI $72,137 @ 7.0% cap · market cap 6.09%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
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
Questions? Ask Rey
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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
