Restaurant Space with Wraparound
For Sale
Contact for pricing
2221 Walnut Street, Rogers, AR 72756
The interior includes a bar, two walk-in coolers, and a vent hood.
Property Size4,408 SF
Price / SF$0.00
Days on Market157
Property Features for 2221 Walnut Street
General Information
Standard status
Active
Size
4,408 SF
Property subtype
Business
Restaurant
Commercial Hood
Yes
Patio
Yes
Additional Details
Traffic Count
29,000 vehicles/day
Listing Agency:
EXP Realty LLC
Listed By:
Brady Hanger
(417) 259-2525
Source:
Hangerpropertygroup
Added: Jun 1
Changed: Nov 3
Last Checked: Nov 4 at 7:31AM
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 EXP Realty LLC
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This second-generation restaurant space in Rogers measures 4,408 SF and includes a bar, two walk-in coolers, and a vent hood. A 2,505 SF wraparound patio extends the dining area outdoors.
The property is located at 2221 Walnut Street, where the reported average daily traffic count is 29,000.
The property is located at 2221 Walnut Street, where the reported average daily traffic count is 29,000.
Key Highlights
- 4,408 SF second‑generation restaurant space
- 2,505 SF wraparound patio
- Interior bar, two walk‑in coolers, and vent hood
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$59,286
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,185,720
$1.2M
Cap Rate 7%
$846,943
$846.9K
Cap Rate 9%
$658,733
$658.7K
Market Conditions
NOI Build-Up for 4,408 SF
Gross rent
$84.6K $19.20/SF
− Vacancy
−$5.6K −$1.27/SF
EGI
$79.0K $17.93/SF
− OpEx
−$19.8K −$4.48/SF
NOI
$59.3K $13.45/SF
Area
Benton County, AR
Vacancy
6.60%
Lease Rate
$19.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,185,720
Cap Rate 7%
$846,943
Cap Rate 9%
$658,733
Alternative Uses
Best Use
Specialty Retail
$846.9K
$741.1K – $988.1K
NOI $59,286 @ 7.0% cap · market cap 395,240.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.21M
$1.06M – $1.41M
NOI $84,794 @ 7.0% cap · market cap 565,293.33%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
29,000 VPD
Traffic count
Yes
Commercial hood
Location Intelligence
Trade Area within ½ mile
869
Businesses Nearby
249k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 46%
Dining 24%
Shops & Services 21%
Home Improvements & Furnishings 7%
Walmart
Superstores
115,343 visits/mo
0.3 miles
Wendy's
Dining
16,090 visits/mo
0.1 miles
Murphy USA
Shops & Services
15,981 visits/mo
0.2 miles
Harbor Freight Tools
Home Improvements & Furnishings
15,842 visits/mo
0.3 miles
Casey's General Store
Shops & Services
15,148 visits/mo
0.5 miles
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 Retail in South region
Similar Off Market Nearby
- Hibachi Grill Buffet — 102 S 21st St, Rogers, AR 72758
Frequently Asked Questions
What type of property is this?
Conventional restaurant - The interior includes a bar, two walk-in coolers, and a vent hood.
Where is this conventional restaurant located?
The property is located at 2221 Walnut Street Rogers, AR.
What are key features of this property?
This property features: 4,408 SF second‑generation restaurant space; 2,505 SF wraparound patio; Interior bar, two walk‑in coolers, and vent hood
