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Promenade Medical Development Leasing Opportunity
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S Promenade Blvd & W Oak, Rogers, AR 72758

Class-A medical space for lease in Rogers, Arkansas.

Space SizeContact for details
Property Size153,000 SF
Days on Market1366

Property Features for S Promenade Blvd & W Oak

General Information

Standard status Active
Size 153,000 SF
Class A
Property subtype Office, Land
Lease Type NNN

Building Details

Building Size 153,000 SF
Year Built 2024
Tenancy Multiple

Spaces For Lease

at S Promenade Blvd & W Oak Contact us

Available Space

Type
Office
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Kelley Commercial Partners
Listed By: Philip Schmidt · License #AR SA00070023
Source: Crexi
Added: Dec 6, 2022 Changed: Aug 19 Last Checked: Sep 1 at 11:14AM

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 Kelley Commercial Partners

Investment Insights

Based on property information with market context.

The Promenade Medical Development provides an opportunity for healthcare providers to lease Class-A space. This 115,000 square foot campus is situated at the intersection of S. Promenade Boulevard and W. Oak Street. Phase I, expected to be delivered in Q3 2025, includes 43,000 square feet, comprising MOB A with 15,000 square feet and MOB B with 28,000 square feet. Phase II, also expected in Q3 2025, will feature MOB C with 74,000 square feet. Physician investment opportunities are available.

Key Highlights

  • Class‑A medical office space in a dynamic healthcare market
  • Located at the nexus of a multi‑billion dollar trade area
  • 115,000 square foot campus

Property Analytics

Current Use

Medical Office Space

Lease Details

NNN (Triple Net)
Lease Type
$5.81 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

295
Businesses Nearby
Under-served
Demand for This Use

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

Market

Lease Benchmarks for Rogers, AR

$29.48 /SF/Yr
Avg Asking Price
$16–$38.75 /SF/Yr
Price Range
22,162 SF
Avg Space Size

This space is priced 31% above the average of $29.48 /SF/Yr.

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
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Similar Off Market Nearby

  • New Hope Animal Hospital 103 E New Hope Rd, Rogers, AR 72758

Frequently Asked Questions

What type of property is this?
Medical Office Space - Class-A medical space for lease in Rogers, Arkansas.
Where is this medical office space located?
The property is located at S Promenade Blvd & W Oak Rogers, AR.
What is the lease rate?
The lease rate is $38.75 SF/Yr.
What are key features of this property?
This property features: Class‑A medical office space in a dynamic healthcare market; Located at the nexus of a multi‑billion dollar trade area; 115,000 square foot campus
(501) 804-4447 Call to check price and availability
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