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Redeveloping Office Building
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5211 Village Parkway, Rogers, AR 72758

Shell-condition space allows for a build-to-suit layout, with exterior work underway and availability planned for Q1 2027.

Property Size53,650 SF
Price / SF$0.00
Days on Market174

Property Features for 5211 Village Parkway

General Information

Standard status Active
Size 53,650 SF
Elevators Yes
Property subtype Office

Additional Details

Condition Shell
Property Use Office

Building Details

Year Built 2010
Buildings 1
Building Size 53,650 SF
Tenancy Multi
Listing Agency: Focus Commercial Real Estate
Listed By: Butch Gurganus · License #PB00059111
Source: Hangerpropertygroup
Added: May 15 Changed: Nov 3 Last Checked: Nov 4 at 7:31AM

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 Focus Commercial Real Estate

Rey
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Investment Insights

Based on property information with market context.

This office building is undergoing exterior improvements and is offered in shell condition for build-to-suit customization. A freight elevator serves the property, and availability is planned for the first quarter of 2027.

The building is within Village on the Creeks, an office park with office, retail, restaurant, and medical tenants. The Razorback Greenway is accessible from the park. Pinnacle Hills Promenade, Walmart AMP, Topgolf, and new development are described as minutes away.

Key Highlights

  • Office building offered in shell condition for build‑to‑suit customization
  • Exterior improvements are underway
  • Freight elevator access

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$832,623
Suggested Prices Based on Cap Rates
Cap Rate 5%
$16,652,460 $16.7M
Cap Rate 7%
$11,894,614 $11.9M
Cap Rate 9%
$9,251,367 $9.3M
Market Conditions
NOI Build-Up for 53,656 SF
Gross rent
$1.19M $22.20/SF
− Vacancy
−$81.0K −$1.51/SF
EGI
$1.11M $20.69/SF
− OpEx
−$277.5K −$5.17/SF
NOI
$832.6K $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%
$16,652,460
Cap Rate 7%
$11,894,614
Cap Rate 9%
$9,251,367

Alternative Uses

Best Use
Office B
$11.89M
$10.41M – $13.88M (±1% cap)
NOI $832,623 @ 7.0% cap · market cap 2,601,946.88%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$14.75M
$12.90M – $17.20M (±1% cap)
NOI $1,032,153 @ 7.0% cap · market cap 3,225,478.13%
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

Pepsi Bottling Group Big Box & Wholesale Store New Horizons Computer ... Training Center CCF Brands Department Store Garrett Excavating NWA Construction Company Tune • Simple Energy ... Production Facility

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.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

927
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

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 building - Shell-condition space allows for a build-to-suit layout, with exterior work underway and availability planned for Q1 2027.
Where is this office building located?
The property is located at 5211 Village Parkway Rogers, AR.
What are key features of this property?
This property features: Office building offered in shell condition for build‑to‑suit customization; Exterior improvements are underway; Freight elevator access
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