Triple-Suite Flex
For Sale
$1,320,000
2103 31st Street, Rogers, AR 72758
Purpose-built space in a gated collector-focused community with owner customization options.
Property Size3,750 SF
Price / SF$352
Days on Market285
Property Features for 2103 31st Street
General Information
Standard status
Active
Size
3,750 SF
Property subtype
Office
Additional Details
Fenced Yard
Yes
Amenities
Gated community
Clubhouse
3
Building Details
Year Built
2026
Listing Agency:
Collier & Associates
(479) 274-0662
Listed By:
Sara Posey · License #EB00060940
(479) 264-2471
Source:
Xome
Added: Nov 22, 2025
Changed: Sep 2
Last Checked: Sep 2 at 2:55PM
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 3,750-square-foot flex space is part of a purpose-built collector community scheduled for a 2026 build. The triple suite faces the clubhouse and includes 14-foot-high by 12-foot-wide overhead doors. Owners may customize the interior through an onsite contractor or an approved builder of their choice.
The gated community is located at 2103 31st Street in Rogers, Arkansas, adjacent to the Promenade Mall in the Entertainment District. The property is 1.5 miles from Pinnacle Country Club, Estates at Southgate, and Shadow Valley.
The gated community is located at 2103 31st Street in Rogers, Arkansas, adjacent to the Promenade Mall in the Entertainment District. The property is 1.5 miles from Pinnacle Country Club, Estates at Southgate, and Shadow Valley.
Key Highlights
- 3,750 SF triple suite facing the clubhouse
- 14'H x 12'W overhead doors
- Gated, purpose‑built collector community
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
2.88%
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 2.88%
Second Best
Warehouse
$244.8K
$214.2K – $285.6K
NOI $17,136 @ 7.0% cap · market cap 1.30%
Theoretical Best
Office A
$1.03M
$901.7K – $1.20M
NOI $72,137 @ 7.0% cap · market cap 5.46%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
700
Businesses Nearby
Well-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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Flex space - Purpose-built space in a gated collector-focused community with owner customization options.
Where is this flex space located?
The property is located at 2103 31st Street Rogers, AR.
What is the asking price?
The asking price for this property is $1,320,000.
What are key features of this property?
This property features: 3,750 SF triple suite facing the clubhouse; 14'H x 12'W overhead doors; Gated, purpose‑built collector community
