Two-Tenant Office
For Sale
$17,000,000
3605 W Southern Hills Boulevard, Rogers, AR 72758
CommercialSale, Rogers, AR
Property Size65,865 SF
Lot Size7.46 Acres
Price / SF$258.10
Days on Market558
Property Features for 3605 W Southern Hills Boulevard
General Information
Property type
Commercial Sale
Property subtype
Office
Lot features
Business Park
Directions
Turn right onto E Pleasant Grove Rd toward Airport XNA. Go for 1.7 mi. Then 1.7 mi Turn right onto S 28th Pl. Go for 0.2 mi. Then 0.2 mi Turn left onto Southern Hills Blvd. Go for 282 ft. Then 0.05 mi Turn right. Go for 443 ft. Then 0.08 mi 3605 W Southern Hills Blvd
Standard status
Active
APN
02-15912-000
Size
65,865 SF
Lot size
7.46 Acres
Taxes and HOA fees
Tax Description
PLAT 4/4/03 2003-242.
Tax Annual Amount
121554
Legal Description
PLAT 4/4/03 2003-242.
Amenities
playground
Building Details
Year built
2004
Listing Agency:
Focus Commercial Real Estate
(479) 254-7000
Listed By:
Clinton Bennett · License #EB00058021
(479) 200-3457
Added: Mar 31, 2025
Changed: Sep 28
Last Checked: Oct 9 at 9:06AM
MLS# 1302876
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.
Investment Insights
Based on property information with market context.
At 3605 W Southern Hills Boulevard in Rogers, this 65,865-square-foot office building was constructed in 2004 and is occupied by two tenants. The sale includes a 1.18-acre unimproved lot with a playground currently used by a tenant; the building and parcel are offered together.
The 7.46-acre property is directly off Interstate 49 and near the Pinnacle area of Rogers. The address is 3605 W Southern Hills Boulevard, Rogers, AR 72758.
The 7.46-acre property is directly off Interstate 49 and near the Pinnacle area of Rogers. The address is 3605 W Southern Hills Boulevard, Rogers, AR 72758.
Key Highlights
- 65,865‑square‑foot office building constructed in 2004
- Two tenants occupy the building
- Sale package includes a 1.18‑acre unimproved lot with a tenant‑used playground
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$1,022,080
Cap Rate
6.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$20,441,600
$20.4M
Cap Rate 7%
$14,601,143
$14.6M
Cap Rate 9%
$11,356,444
$11.4M
Market Conditions
NOI Build-Up for 65,865 SF
Gross rent
$1.46M $22.20/SF
− Vacancy
−$99.4K −$1.51/SF
EGI
$1.36M $20.69/SF
− OpEx
−$340.7K −$5.17/SF
NOI
$1.02M $15.52/SF
Area
Benton County, AR
Vacancy
6.80%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$20,441,600
Cap Rate 7%
$14,601,143
Cap Rate 9%
$11,356,444
Alternative Uses
Best Use
Office B
$14.60M
$12.78M – $17.03M
NOI $1,022,080 @ 7.0% cap · market cap 6.01%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$18.10M
$15.84M – $21.12M
NOI $1,267,011 @ 7.0% cap · market cap 7.45%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
206
Businesses Nearby
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office building - The occupied property is offered with an adjoining unimproved parcel that includes a tenant-used playground.
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: 65,865‑square‑foot office building constructed in 2004; Two tenants occupy the building; Sale package includes a 1.18‑acre unimproved lot with a tenant‑used playground
