4900 Rogers AveFort Smith, AR 72903

Property Details for 4900 Rogers Ave

Lot size

7.70 AC

Property size (Sq ft)

99,151 SF

Property type

Retail properties

Property subtype

Community centers

APN

17963-0001-00000-01

APU

1796300010000001

Description

This exceptional 2,700 square foot office or retail space is ideally situated in the Quarry Shopping Center, directly across from Central Mall in Fort Smith's premier retail corridor. Boasting a high-traffic location with over 30,000 cars passing daily, this single-tenant space offers unparalleled visibility and accessibility. Currently vacant and in a "white box" condition, the space presents a blank canvas for customization, allowing for a build-out to perfectly suit your business needs. The suite is divisible, offering flexibility with the potential to create a 1,500 square foot end-cap space and a 1,200 square foot suite. Ample storefront parking is available for both customers and employees, ensuring convenience and ease of access. Located in Sebastian County, this property presents a rare opportunity to establish a presence in a thriving retail environment. Lease terms are negotiable, with a preference for a three-to-five-year lease at a rate of $10.00 per square foot, plus NNN charges, and utilities are the tenant's responsibility. Don't miss this chance to secure a prime location in one of Fort Smith's busiest retail areas. Contact us today to schedule a viewing and discuss your business needs.

• CAP approach

  CAP return

  Valuation

  6%

  $12,705,467

  6.5%

  $11,728,124

  7%

  $10,890,401

• Comparable approach

  Method

  Valuation

  Relative Method

  $17,872,522

  Geo Method

  $17,872,522

• Alternative Use

  Use

  Valuation

  Residential

  $9,893,111

  Hospitality

  $9,062,037

  Educational

  $7,539,508

  Medical

  $7,798,804

  Retail

  $11,728,124

Location Insight

City

Fort Smith

County

Sebastian

State

Arkansas

Latitude

35.3652

Longitude

-94.3783

CBSA code

22900

CBSA name

FORT SMITH, AR-OK METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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