Fully Leased Office Building and
3605 W Southern Hills Boulevard Rogers, AR 72758
SINGLE_FAMILY - Rogers, AR
Type:Office
Property size:
64,647 SFLot size:
7.46 AcresPrice / SF:
$262/SF- Added:
- Mar 31, 2025
- Days on Market:
- 467
- Last Refresh:
- Jul 10 at 1:06 pm
Property Features for 3605 W Southern Hills Boulevard
General Information
- Property type
- Residential
- Property subtype
- Office
- Standard status
- Active
- APN
- 02-15912-000
- Size
- 64,647 SF
- Lot size
- 7.46 Acres
Taxes and HOA fees
- Tax Description
- PLAT 4/4/03 2003-242.
- Tax Annual Amount
- 121554
Building Details
- Year built
- 2004
Listing agent Clinton Bennett License #EB00058021 (479) 200-3457
Listing office Focus Commercial Real Estate 5212 W Walsh Ln Ste 201, Bentonville, AR (479) 254-7000
Listing date Mar 31, 2025
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.
This fully leased office building offers occupancy by two tenants and totals 64,647 square feet. The offering also includes an adjacent 1.18-acre unimproved lot, which is currently used for a playground by the tenant, Friendship Community Care.
The property is situated directly off Interstate 49 in Rogers, AR, supporting visibility and accessibility. The seller notes proximity to ongoing growth in the Pinnacle area of Rogers, including the planned Pinnacle Heights mixed-use development and continued expansion of the Pinnacle Hills Promenade.
The package is presented as a combined offering of the office building and the adjacent lot.
The property is situated directly off Interstate 49 in Rogers, AR, supporting visibility and accessibility. The seller notes proximity to ongoing growth in the Pinnacle area of Rogers, including the planned Pinnacle Heights mixed-use development and continued expansion of the Pinnacle Hills Promenade.
The package is presented as a combined offering of the office building and the adjacent lot.
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.
Local 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
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - Fully leased office building with two tenants, plus an adjacent 1.18-acre unimproved lot included in the package.
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.
