Northwest Arkansas Office Park
5209 W Village Parkway Rogers, AR 72758
For Sale
$4,148,250
Office, retail, restaurant, and medical space in Rogers, Arkansas.
Property Size11,062 SF
Price / SF$375
Days on Market377
Property Features for 5209 W Village Parkway
General Information
- Standard status
- Active
- Size
- 11,062 SF
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1998
Listing Agency:
Devereux Group
(479) 936-4200
Listed By:
Pat Morrison · License #EB00015490
(479) 936-4200
Source:
Exitrealty
Added: Jul 15, 2025
Changed: Jul 10
Last Checked: Jul 26 at 6:36AM
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 Devereux Group
Investment Insights
Based on property information with market context.
Located in Northwest Arkansas, this property is part of the largest garden office park in the area. Known as Village on the Creeks, it accommodates office, retail, restaurant, and medical tenants. The location enhances quality of life with a walking trail on Razorback Greenway and a lake. The available space includes two full floors with a total of 32 offices, 2 file rooms, 2 conference rooms, and a breakroom. The property has a size of 11062 square feet.
Key Highlights
- Largest garden office park in Northwest Arkansas.
- Two full floors with 32 offices.
- On Razorback Greenway walking trail.
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 | $245.6k | $22.20 |
| − Vacancy | −$16.7k | −$1.51 |
| EGI | $228.9k | $20.69 |
| − OpEx | −$57.2k | −$5.17 |
| NOI | $171.7k | $15.52 |
11,062 SF · lease $22.20/SF/yr · vacancy 6.80% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.45M
$2.15M – $2.86M
NOI $171,658 @ 7.0% cap · market cap 4.14%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.04M
$2.66M – $3.55M
NOI $212,794 @ 7.0% cap · market cap 5.13%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Merrill Lynch: Boskus ...
Insurance Agency
Merrill Lynch Financial ...
Financial Advisor
Merrill Lynch Financial ...
Financial Advisor
Merrill Lynch Financial ...
Financial Advisor
Merrill Lynch Wealth ...
Financial Advisor
FAQs
What type of property is this?
Office building - Office, retail, restaurant, and medical space in Rogers, Arkansas.
Where is this office building located?
The property is located at 5209 W Village Parkway Rogers, AR.
What is the asking price?
The asking price for this property is $4,148,250.
What are key features of this property?
This property features: Largest garden office park in Northwest Arkansas.; Two full floors with 32 offices.; On Razorback Greenway walking trail.
