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    Property profile & analytics
    OFF-MARKET Estimated value $14,445,000
    Super regional malls

    5111 Rogers Ave, Fort Smith, AR 72903-2047

    650,209 SF 53.06 ac lot
    Entity Owned 6-yr Hold Absentee Owner Free & Clear
    Property ID
    US05-1251126
    Property summary
    AI-generated overview

    Central Mall, located at 5111 Rogers Ave in Fort Smith, Arkansas (zip code 72903), presents a significant retail opportunity within Sebastian County. This established shopping mall boasts a total of 863,000 square feet of retail space, offering a diverse range of tenancy options. Currently, there are 28 available spaces, ranging in size from a minimum of 180 square feet to a maximum of 35,780 square feet. The largest contiguous space available is 5,609 square feet. A total of 54,401 square feet is currently vacant, providing excellent potential for new businesses or expansion of existing ones. The mall features a food court, adding to its appeal and attracting a significant customer base. The property's prime location in Fort Smith, Arkansas, ensures high visibility and accessibility for tenants. This is an exceptional opportunity to secure retail space in a well-established and thriving shopping center. The property is categorized as a retail mall, offering multiple tenancy options, making it suitable for a variety of businesses. Interested parties should inquire about available space and lease terms. The property is easily accessible via its address on Rogers Avenue.

    Property profile
    Verified
    Property type Super regional malls
    Use group REGIONAL SHOPPING CENTER, MALL
    Total area 650,209 SF
    Lot 53.06 ac (2,311,294 SF)
    APN 18883-0000-01004-00
    UPID US05-1251126
    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
    • Drouillard Brian C DDS Dental Office
    • Chinese Gourmet Express Restaurant
    • Brian's Manufacturing Industrial Manufacturer Production Facility
    • T-Mobile Authorized Retailer Telecommunications Service Data Center
    • MAC Cosmetics Cosmetic Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $9.80M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $12.54M
    Blend (final) Blend
    $14.45M
    Owner & transaction history
    Fort Smith Mall Realty LLC · 6 yrs held
    Fort Smith Mall Realty LLC
    since 2020
    Last sale
    $17.0M
    1 recorded transaction
    2020
    $17.0M
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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