Listing Agency: Colliers International - Branch Office s***@colliers.com

Listed By: Alan Cole · License #SA00056917 Show Phone

Source: Hangerpropertygroup

Added: Jun 12 Changed: Nov 3 Last Checked: Nov 4 at 7:32AM

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Investment Insights

Based on property information with market context.

This new mixed-use development in Rogers, Arkansas, includes retail space on the ground floor and additional space on the second floor. The configuration places distinct commercial areas within one property.

Nearby destinations identified include the Walmart AMP, Pinnacle Hills Country Club, Mercy Hospital, and Pinnacle Hills Promenade. The property is located at 3692 Pinnacle Hills Parkway.

Key Highlights

• Ground‑floor retail with additional space on the second floor
• Near the Walmart AMP, Pinnacle Hills Country Club, Mercy Hospital, and Pinnacle Hills Promenade
• Located at 3692 Pinnacle Hills Parkway in Rogers, Arkansas

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$198,590

Suggested Prices Based on Cap Rates

Cap Rate 5%

$3,971,800 $4.0M

Cap Rate 7%

$2,837,000 $2.8M

Cap Rate 9%

$2,206,556 $2.2M

What to ask about pricing

Market Conditions

NOI Build-Up for 28,533 SF

Gross rent

$342.4K $12.00/SF

− Vacancy

−$24.7K −$0.86/SF

EGI

$317.7K $11.14/SF

− OpEx

−$119.2K −$4.18/SF

NOI

$198.6K $6.96/SF

Area

Benton County, AR

Vacancy

7.20%

Lease Rate

$12.00 /SF/Yr

Expense Ratio

37.50%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$3,971,800

Cap Rate 7%

$2,837,000

Cap Rate 9%

$2,206,556

Alternative Uses

Best Use

Retail

$4.64M

$4.06M – $5.41M (±1% cap)

NOI $324,595 @ 7.0% cap · market cap 791,695.12%

Second Best

Mixed Use

$2.84M

$2.48M – $3.31M (±1% cap)

NOI $198,590 @ 7.0% cap · market cap 484,365.85%

Theoretical Best

Office A

$7.84M

$6.86M – $9.15M (±1% cap)

NOI $548,874 @ 7.0% cap · market cap 1,338,717.07%

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

Retail space

Suggested Use

Top Pick Building Supply Auto Parts Store Auto Repair Shop HVAC Service Storage Facility Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

896

Businesses Nearby

256k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Dining 52% Groceries 22% Leisure 12% Shops & Services 6%

Walmart Neighborhood Market Groceries

55,841 visits/mo 0.5 miles

Chick-fil-A Dining

43,094 visits/mo 0.4 miles

Topgolf Leisure

31,575 visits/mo 0.4 miles

Chuy's Dining

27,158 visits/mo 0.4 miles

Andy's Frozen Custard Dining

12,658 visits/mo 0.4 miles

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

Market

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

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Frequently Asked Questions

What type of property is this?

Mixed-use property - The property pairs street-level commercial space with a second-floor component.

Where is this mixed-use property located?

The property is located at 3692 Pinnacle Hills Parkway Rogers, AR.

What are key features of this property?

This property features: Ground‑floor retail with additional space on the second floor; Near the Walmart AMP, Pinnacle Hills Country Club, Mercy Hospital, and Pinnacle Hills Promenade; Located at 3692 Pinnacle Hills Parkway in Rogers, Arkansas