Fully Leased Rogers Office
3605 W Southern Hills Boulevard Rogers, AR 72758
For Sale
$17,000,000
64,647 SF office building with additional 1.18-acre lot.
Property Size64,647 SF
Lot Size1.18 Acres
Price / SF$262.97
Days on Market481
Property Features for 3605 W Southern Hills Boulevard
General Information
- Standard status
- Active
- Size
- 64,647 SF
- Lot size
- 1.18 Acres
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 2004
Listing Agency:
Focus Commercial Real Estate
(479) 200-3457
Listed By:
Clinton Bennett · License #EB00058021
(479) 200-3457
Source:
Exitrealty
Added: Apr 1, 2025
Changed: Jul 10
Last Checked: Jul 25 at 3:59AM
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 Focus Commercial Real Estate
Investment Insights
Based on property information with market context.
This exceptional investment opportunity features a 64,647 SF office building at 3605 Southern Hills Blvd, Rogers, AR. The property is fully leased to two reliable tenants, ensuring a stable income stream. The offering includes Lot 23, an adjacent 1.18-acre unimproved lot, sold as a package with the office building. Currently, the lot features a playground used by one of the tenants. The property is ideally situated directly off Interstate 49, providing excellent visibility and accessibility. Its location is further enhanced by its proximity to the rapidly developing Pinnacle area of Rogers. The Pinnacle Hills area is set to see significant advancements including the addition of the Pinnacle Heights mixed-use development featuring upscale residential units and retail spaces, and the continued expansion of the Pinnacle Hills Promenade.
Key Highlights
- Fully leased 64,647 SF office building with two reliable tenants providing a stable income stream.
- Prime location directly off Interstate 49, offering excellent visibility and accessibility.
- Adjacent 1.18‑acre unimproved lot (Lot 23) included in the sale.
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $1.44M | $22.20 |
| − Vacancy | −$97.6k | −$1.51 |
| EGI | $1.34M | $20.69 |
| − OpEx | −$334.4k | −$5.17 |
| NOI | $1.00M | $15.52 |
64,647 SF · lease $22.20/SF/yr · vacancy 6.80% · expense 25.00%
Alternative Uses
Best Use
Office B
$14.33M
$12.54M – $16.72M
NOI $1,003,179 @ 7.0% cap · market cap 5.90%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$17.77M
$15.54M – $20.73M
NOI $1,243,581 @ 7.0% cap · market cap 7.32%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Nestlé Sales Office
Food Processing Plant
FAQs
What type of property is this?
Office building - 64,647 SF office building with additional 1.18-acre lot.
Where is this office building located?
The property is located at 3605 W Southern Hills Boulevard Rogers, AR.
What is the asking price?
The asking price for this property is $17,000,000.
What are key features of this property?
This property features: Fully leased 64,647 SF office building with two reliable tenants providing a stable income stream.; Prime location directly off Interstate 49, offering excellent visibility and accessibility.; Adjacent 1.18‑acre unimproved lot (Lot 23) included in the sale.
