Signalized-Corner Retail
For Sale
Contact for pricing
719 W Walnut Street #106, Rogers, AR 72756
The renovated neighborhood center offers on-site parking and established restaurant and retail co-tenants.
Property Size4,342 SF
Price / SF$0.01
Days on Market149
Property Features for 719 W Walnut Street #106
General Information
Standard status
Active
Size
4,342 SF
Property subtype
Retail
Listing Agency:
Moses Tucker Partners-Bentonville Branch
(479) 271-6118
Listed By:
Payne Phillips · License #SA00082454
(479) 200-3280
Source:
Hangerpropertygroup
Added: Jun 9
Changed: Nov 3
Last Checked: Nov 4 at 7:32AM
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 Moses Tucker Partners-Bentonville Branch
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Investment Insights
Based on property information with market context.
The 4,342-square-foot retail space is located in a renovated neighborhood strip center at 719 W Walnut Street, Suite 106, in Rogers. The center has 106 on-site parking spaces and includes Sugar Llamas, Lansang Pinoy Restaurant, The UPS Store, and Somewhere in Time Antique Mall. Restaurant, retail, and office uses are identified for the space.
The property occupies the signalized intersection of W Walnut Street and S 8th Street, with reported traffic counts of 23,000 VPD and 25,000 VPD, respectively. Interstate 49 is 3.3 miles away. Nearby retailers include AutoZone, Walmart Neighborhood Market, McDonald’s, Braum’s Ice Cream, ALDI, and Dollar General.
The property occupies the signalized intersection of W Walnut Street and S 8th Street, with reported traffic counts of 23,000 VPD and 25,000 VPD, respectively. Interstate 49 is 3.3 miles away. Nearby retailers include AutoZone, Walmart Neighborhood Market, McDonald’s, Braum’s Ice Cream, ALDI, and Dollar General.
Key Highlights
- 4,342‑square‑foot retail space in a renovated neighborhood strip center
- Signalized intersection of W Walnut Street (23,000 VPD) and S 8th Street (25,000 VPD)
- 106 on‑site parking spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$49,395
Suggested Prices Based on Cap Rates
Cap Rate 5%
$987,900
$987.9K
Cap Rate 7%
$705,643
$705.6K
Cap Rate 9%
$548,833
$548.8K
Market Conditions
NOI Build-Up for 4,342 SF
Gross rent
$75.6K $17.40/SF
− Vacancy
−$5.0K −$1.15/SF
EGI
$70.6K $16.25/SF
− OpEx
−$21.2K −$4.88/SF
NOI
$49.4K $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%
$987,900
Cap Rate 7%
$705,643
Cap Rate 9%
$548,833
Alternative Uses
Best Use
Retail
$705.6K
$617.4K – $823.3K
NOI $49,395 @ 7.0% cap · market cap 224,522.73%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.19M
$1.04M – $1.39M
NOI $83,525 @ 7.0% cap · market cap 379,659.09%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,311
Businesses Nearby
198k
Monthly Visits Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - The renovated neighborhood center offers on-site parking and established restaurant and retail co-tenants.
Where is this retail space located?
The property is located at 719 W Walnut Street #106 Rogers, AR.
What are key features of this property?
This property features: 4,342‑square‑foot retail space in a renovated neighborhood strip center; Signalized intersection of W Walnut Street (23,000 VPD) and S 8th Street (25,000 VPD); 106 on‑site parking spaces
