Property profile

2223 W Walnut St Rogers, AR 72756

FOR LEASE
Outlet malls
Property ID
US05-0037053
54,342 SF 4.11 ac lot
Entity Owned 19-yr Hold Absentee Owner ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional retail sublease opportunity in Rogers, AR, offers approximately 22,000 square feet of space within a larger 54,342 square foot building situated on a 4.13-acre lot (APN: 02-01017-000, Benton County). The property boasts a prime location at 2223 W Walnut St, 72756, benefiting from high traffic counts on W. Walnut St (23,000 cars daily) and nearby access to N. Dixieland Rd (14,000 cars daily). This storefront property is part of a multi-tenant building with only two suites, and the entire 22,000 square feet is currently vacant and available for sublease. The building is anchored by a well-established home improvement store, and enjoys close proximity to major retailers including Walmart Supercenter, Hobby Lobby, and the Frisco Station Mall, ensuring high visibility and foot traffic. The sublease term extends through September 2028, with two additional five-year options available, providing long-term stability for the tenant. This presents a rare opportunity to secure a substantial retail space in a thriving commercial area with excellent visibility and strong surrounding businesses. The property is classified as retail storefront with multiple tenancies.

Property profile

Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Total area 54,342 SF
Lot 4.11 ac (179,032 SF)
APN 02-01017-000
UPID US05-0037053

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Discount Store

Location

2223 W Walnut St Rogers, AR 72756
Rogers metro Census 20302 FAYETTEVILLE-SPRINGDALE-ROGERS, AR-MO METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$5.56M
Blend (final) Blend
$555k

Owner & transaction history

since 2007
7 recorded transactions
2010
Price N/A
2008
Price N/A
2008
Price N/A
2007
$336,000
2004
Price N/A
1969
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message