For Sale
$650,000

2702 Walnut St Rogers, AR 72756

High-traffic, 2,400 SF retail space. 7.02% Cap Rate.

Overview

Added:
Dec 11, 2024
Days on market:
127
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.

Highlights

  • High-traffic location.
  • Excellent visibility.
  • Strong investment opportunity for owner-occupants or investors.
  • Rooftop HVAC units are less than five years old.
  • Substantially below replacement cost.
  • 7% capitalization rate based on $19 per square foot net rent.

Property Details for 2702 Walnut St

Property type
Retail properties
Square Feet
2,400 SF
Units
1

Location Insight

City
Rogers
County
Benton
State
Arkansas
Latitude
36.3339337
Longitude
-94.1533517
2702 Walnut St, Rogers, Arkansas

FAQs

What type of property is this?
Retail property - High-traffic, 2,400 SF retail space. 7.02% Cap Rate.
Where is the retail property located?
The property is located at 2702 Walnut St Rogers, AR.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: High-traffic location.; Excellent visibility.; Strong investment opportunity for owner-occupants or investors.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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2702 Walnut St
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