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Property profile & analytics
FOR SALE
Office buildings

3605 Southern Hills Blvd Rogers, AR 72758

64,647 SF Built 2004
Entity Owned 9-yr Hold
Property ID
US05-Q003316
Property summary
AI-generated overview

Exceptional investment opportunity with 3605 Southern Hills Blvd, Rogers, AR. This fully leased, 64,647 SF office building is fully occupied by two reliable tenants, ensuring a stable and reliable income stream. Included in this offering is Lot 23, an adjacent 1.18-acre unimproved lot, which will be sold as a package with the office building. Currently, the lot features a playground used by the tenant, Friendship Community Care. The property is ideally situated directly off Interstate 49, providing excellent visibility and accessibility. Its location is further enhanced by its proximity to the rapidly developing Pinnacle area of Rogers. This area is witnessing an exciting phase of growth with several high-profile developments enhancing its appeal and utility. Notably, the Pinnacle Hills area is set to see significant advancements including the addition of the Pinnacle Heights mixed-use development featuring upscale residential units and retail spaces, and the continued expansion of the Pinnacle Hills Promenade.

Property profile
Verified
Property type Office buildings
Year built 2004
Total area 64,647 SF
UPID US05-Q003316
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Nestlé Sales Office Food Processing Plant Factory
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Owner & transaction history
Harold E Johnson Companies INC · 9 yrs held
Harold E Johnson Companies INC
since 2017
2 recorded transactions
2022
Price N/A
2017
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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