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Retail Suite at Signalized Intersection
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719 W Walnut Street #101, Rogers, AR 72756

Restaurant, retail, and office uses are identified for this space in a neighborhood shopping center.

Property Size2,160 SF
Price / SF$0.01
Days on Market149

Property Features for 719 W Walnut Street #101

General Information

Standard status Active
Size 2,160 SF
Total Parking Spaces 106
Property subtype Retail

Site & Location

Highway Access Yes
Road Access Yes

Building Details

Tenancy Multi
Listing Agency: EXP Realty LLC
Listed By: Brady Hanger
Source: Hangerpropertygroup
Added: Jun 9 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 EXP Realty LLC

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 2,160-square-foot retail space is part of a recently updated neighborhood strip center. Restaurant, retail, and office uses are identified for the suite. Suites 100, 101, and 102 may be joined or divided to adjust the space configuration.

The center is positioned at the traffic signal where W Walnut St and S 8th St meet, on the route toward downtown Rogers. W Walnut St carries 23,000 vehicles per day, while S 8th St carries 25,000. The property is 3.3 miles from Interstate 49 and has 106 on-site parking spaces. Co-tenants include Sugar Llamas, Lansang Pinoy Restaurant, The UPS Store, and Somewhere in Time Antique Mall; nearby retailers include AutoZone, Walmart Neighborhood Market, McDonald’s, Braum’s Ice Cream, ALDI, and Dollar General.

Key Highlights

  • 2,160‑square‑foot retail suite
  • Suites 100, 101, and 102 can be combined or divided
  • At the signalized junction of W Walnut St and S 8th St

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$24,572
Suggested Prices Based on Cap Rates
Cap Rate 5%
$491,440 $491.4K
Cap Rate 7%
$351,029 $351.0K
Cap Rate 9%
$273,022 $273.0K
Market Conditions
NOI Build-Up for 2,160 SF
Gross rent
$37.6K $17.40/SF
− Vacancy
−$2.5K −$1.15/SF
EGI
$35.1K $16.25/SF
− OpEx
−$10.5K −$4.88/SF
NOI
$24.6K $11.38/SF
Area
Benton County, AR
Vacancy
6.60%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$491,440
Cap Rate 7%
$351,029
Cap Rate 9%
$273,022

Alternative Uses

Best Use
Retail
$351.0K
$307.2K – $409.5K (±1% cap)
NOI $24,572 @ 7.0% cap · market cap 111,690.91%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$593.6K
$519.4K – $692.5K (±1% cap)
NOI $41,551 @ 7.0% cap · market cap 188,868.18%
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 Real Estate Agency Parking Lot & Garage Garden Center Grocery & Convenience Store Auto Parts Store Storage Facility

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
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,311
Businesses Nearby
198k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 60% Groceries 22% Shops & Services 17% Electronics 1%
Walmart Neighborhood Market Groceries
42,591 visits/mo 0.2 miles
McDonald's Dining
29,531 visits/mo 0.2 miles
Braum's Ice Cream & Dairy Stores Dining
19,055 visits/mo 0.4 miles
Casey's Shops & Services
17,840 visits/mo 0.5 miles
Taco Bell Dining
14,845 visits/mo 0.4 miles

Demographics for 72756, AR

41,875
Population
17,225
Households
2.4
Avg Household Size
37
Median Age
24%
College-Educated
86%
High-School Grad
129.9 sq mi
ZIP Area
322
Density / Sq Mi
$70,900
Median Household Income
$37,510
Median Earnings
$914
Median Rent
$243,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

Frequently Asked Questions

What type of property is this?
Retail space - Restaurant, retail, and office uses are identified for this space in a neighborhood shopping center.
Where is this retail space located?
The property is located at 719 W Walnut Street #101 Rogers, AR.
What are key features of this property?
This property features: 2,160‑square‑foot retail suite; Suites 100, 101, and 102 can be combined or divided; At the signalized junction of W Walnut St and S 8th St
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