2702 Walnut St Rogers, AR 72756-3100

Property Details for 2702 Walnut St

Lot size

0.19 lot acres

Property size

2,400 SF

Property type

Retail space

APN

02-03743-000

APU

203743000

Description

This exceptional 2,400 square foot retail property, located at 2702 W Walnut St in Rogers, Arkansas (zip code 72756), presents a compelling investment opportunity for both owner-users and investors. Situated on a highly visible, heavily trafficked section of Walnut Street, this single-unit commercial space boasts a strong 7.02% capitalization rate based on a net operating income (NOI) of $45,600. The asking price is $650,000, translating to a price per square foot of $270.83. The property sits on an 8,400 square foot lot and is zoned for commercial use. The current tenant will vacate upon closing, providing flexibility for the new owner. The property features rooftop HVAC units less than five years old, significantly reducing potential maintenance costs. The asking price is notably below replacement cost, making this a particularly attractive investment. Ample parking is available, catering to a variety of potential uses. The seller is open to considering seller financing, offering additional flexibility for prospective buyers. This prime location and the property's strong financial performance make this a rare opportunity in the thriving Rogers market.