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Multi-Office Professional Suite

5209 W Village Parkway, Rogers, AR 72758

For Sale
New
$4,148,250

A two-level layout combines private offices with dedicated meeting, file, and breakroom areas.

Property Size11,062 SF
Price / SF$375
Days on Market3

Property Features for 5209 W Village Parkway

General Information

Standard status Active
Size 11,062 SF

Additional Details

Property Use Office

Amenities

walking trail on Razorback Greenway
lake with beautiful views
Carpet,Tile
2
false
Owner
Business Park,Central Business District,City Lot
Paved
Slab
11062

Building Details

Building Size 11,062 SF
Year Built 1998
Stories 2
Listing Agency: Devereux Group
Listed By: Mont Sagely · License AR PB00046463
Source: Sagely
Added: Nov 7 Changed: Nov 9 Last Checked: Nov 9 at 3:49PM

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

Rey
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Investment Insights

Based on property information with market context.

This 11,062-square-foot office property at 5209 W Village Parkway has two full floors with 32 offices, two conference rooms, two file rooms, and a breakroom. Carpet and tile are noted among the interior finishes. The building was constructed in 1998.

The property is within Village on the Creeks, an office park with office, retail, restaurant, and medical occupants. The park includes a lake and a walking trail along the Razorback Greenway.

Key Highlights

  • 11,062 square feet across two full floors
  • 32 offices, two conference rooms, two file rooms, and a breakroom
  • Located in Village on the Creeks, a park with office, retail, restaurant, and medical tenants

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$171,658
Cap Rate
4.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,433,160 $3.4M
Cap Rate 7%
$2,452,257 $2.5M
Cap Rate 9%
$1,907,311 $1.9M
Market Conditions
NOI Build-Up for 11,062 SF
Gross rent
$245.6K $22.20/SF
− Vacancy
−$16.7K −$1.51/SF
EGI
$228.9K $20.69/SF
− OpEx
−$57.2K −$5.17/SF
NOI
$171.7K $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%
$3,433,160
Cap Rate 7%
$2,452,257
Cap Rate 9%
$1,907,311

Alternative Uses

Best Use
Office B
$2.45M
$2.15M – $2.86M (±1% cap)
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 (±1% cap)
NOI $212,794 @ 7.0% cap · market cap 5.13%
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

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

Suggested Use

Top Pick HVAC Service Auto Parts Store Electrical Service Plumbing Service Grocery & Convenience Store Kitchen & Bath Showroom

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

1,201
Businesses Nearby

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

Average Price Trend$/SF for Office Units in Rogers, AR

$324 Jul
$356 Aug
$342 Sep
$330 Oct

Properties on Market for Office Units in Rogers

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Office unit - A two-level layout combines private offices with dedicated meeting, file, and breakroom areas.
Where is this office unit 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: 11,062 square feet across two full floors; 32 offices, two conference rooms, two file rooms, and a breakroom; Located in Village on the Creeks, a park with office, retail, restaurant, and medical tenants
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