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    FOR SALE
    Turn key restaurants

    609 N 46Th St, Rogers, AR 72756

    5,752 SF 1.14 ac lot Built 2003
    Entity Owned 3-yr Hold ~ Est. High Equity
    Property ID
    US05-0023801
    Property summary
    AI-generated overview

    This exceptional 6,000-square-foot restaurant building presents a unique investment opportunity in Rogers, Arkansas. Located on a 1.14-acre lot at 609 N 46th St, 72756, this single-story property boasts a prime location within a thriving retail center. The property benefits from its position in an area known as "Restaurant Row," situated at the convergence of W Walnut Street and SE Walton Blvd, a highly sought-after shopping destination. The surrounding area features several national retailers, including Kohl's, Barnes & Noble, Belk, and Lowe's, ensuring high visibility and foot traffic. The property's proximity to the Malco Theatre and Interstate 49 provides excellent accessibility. In 2019, W Walnut Street recorded a daily vehicle count of 32,000, underscoring the significant traffic volume in the area. The asking price for this well-positioned restaurant is $1,425,000, translating to $237.50 per square foot. This represents a compelling opportunity to acquire a substantial property in a high-demand location with proven retail success. The property's size and location make it ideal for a variety of restaurant concepts or potential redevelopment. This is a rare chance to own a piece of Rogers' vibrant culinary scene.

    Property profile
    Verified
    Property type Turn key restaurants
    Use group RESTAURANT
    Year built 2003
    Total area 5,752 SF
    Lot 1.14 ac (49,658 SF)
    APN 02-15160-000
    UPID US05-0023801
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $610k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $715k
    Blend (final) Blend
    $640k
    Owner & transaction history
    Property Ventures LLC · 3 yrs held
    Property Ventures LLC
    since 2022
    Last sale
    $615,000
    7 recorded transactions
    2022
    $615,000
    2020
    2017
    2007
    $1.5M
    1969
    1969
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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