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    Rogers Office Space For Lease Title is generated by Realmo AI

    3605 Southern Hills Boulevard, Rogers, AR 72758

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    For Lease
    $24 SF/Yr $82,928/Mo (calc)

    COMMERCIAL - Rogers, AR

    Type:Office
    Property size:
    41,464 SF
    Lot size:
    6.28 Acres
    Added:
    Feb 24, 2026
    Days on Market:
    84
    Last Refresh:
    May 19 at 4:06 pm

    Property Features for 3605 Southern Hills Boulevard

    General Information

    Property type
    Commercial Lease
    Property subtype
    Office
    Standard status
    Active
    Size
    41,464 SF
    Lot size
    6.28 Acres

    Taxes and HOA fees

    Tax Annual Amount
    132053
    Expense value
    81200
    Expense
    SecurityDeposit
    Expense freq.
    One Time

    Building Details

    Year built
    2010
    Floors in Building
    2

    We can help!

    Listing Contact
    Clinton Bennett
    Clinton Bennett

    Listing agent Clinton Bennett License #EB00058021

    Listing office Focus Commercial Real Estate 5212 W Walsh Ln Ste 201, Bentonville, AR

    Listing date Feb 24, 2026

    MLS# 1337877

    Copyright © 2026 ArkansasONE MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Up to +/-41,464 SF of office space available for lease.
    • Highly accessible location, just a half‑mile from Interstate 49.
    • New roundabout provides direct connectivity to Pleasant Grove Road.
    • Flexible configurations: Suite B (+/-7,100 SF), Suite A (+/-34,200 SF), or combined space.
    • Located in one of the region's most accessible corridors.
    • Offered at $23.50 PSF NNN.

    Overview

    Approximately 7,100 to 41,464 square feet of office space is available for lease at 3605 Southern Hills Boulevard in Rogers, Arkansas. The space can be demised into configurations including Suite B, offering approximately 7,100 square feet on the first floor, Suite A, offering approximately 34,200 square feet across the first and second floors, or a combined opportunity of approximately 41,464 square feet. The remaining portion of the building is occupied by Friendship Community Care. The property is offered at $23.50 per square foot NNN. Situated on a 6.28-acre lot, the property is located just a half-mile drive from Interstate 49. A new roundabout off Pleasant Grove Road provides direct connectivity to Southern Hills Boulevard.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Nestlé Sales Office Food Processing Plant

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Rogers
    County
    Benton
    State
    Arkansas
    Longitude
    -94.161269
    Latitude
    36.286671

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    FAQs

    What type of property is this?
    Office building - Available office space in Rogers, near Interstate 49.
    Where is this office building located?
    The property is located at 3605 Southern Hills Boulevard Rogers, AR.
    What is the lease rate?
    The lease rate is $24 SF/Yr.
    What are key features of this property?
    This property features: Up to +/-41,464 SF of office space available for lease.; Highly accessible location, just a half‑mile from Interstate 49.; New roundabout provides direct connectivity to Pleasant Grove Road.
    (479) 200-3457
    We can help!
    Listing Contact
    Clinton Bennett
    Clinton Bennett
    Real Estate License ID: EB00058021
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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