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7401 Rogers Ave
Fort Smith, AR 72903

Red Lobster · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Restaurant
Building Size
7,886 SF
Building Class
B
Year Built/Renovated
1980/2014
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
2.10 AC
Zoning
C-2
Parking
149 Spaces (18.89 Spaces per 1,000 SF Leased)
Frontage
298 FT on Rogers Ave

Amenities

  • Corner Lot
  • Pylon Sign
  • Restaurant
  • Signage
  • Signalized Intersection

About 7401 Rogers Ave , Fort Smith, AR 72903

This Red Lobster property is located at 7401 Rogers Ave in Fort Smith, Arkansas. Fort Smith is the second-largest city in Arkansas and is situated at the junction of the Arkansas and Poteau Rivers, known as Belle Point. Surrounding Retail and Points of Interest The subject property is strategically positioned in a dense retail corridor benefiting from its proximity to major national and local tenants. Major national tenants in the area include: Walmart, Sam’s Club, Walgreens, Lowe’s, Kohl’s, Dollar Tree, Ashley HomeStore, McDonald’s, Wendy’s, Panera Bread, as well as many others. Accommodations in the immediate area include: Residence Inn, Homewood Suites, Home2 Suites, Candlewood Suites, Best Western and La Quinta Inn & Suites. This Red Lobster property also benefits from its close proximity to several academic institutions. Dobyns Bennett High School, Sullivan North High School, Sullivan North Middle School and Ross N. Robinson Middle School, all located within a two-mile radius, have a combined total enrollment exceeding 3,880 students. Mercy Hospital, a 336-bed, acute, general medical and surgical facility is located less than half a mile from the subject property. Traffic Counts and Demographics This Red Lobster has approximately 31,952 individuals within a three-mile radius of the property and more than 81,649 within a five-mile radius. The median household income in the immediate area has increased by 6 percent since 2000 and is projected to increase an additional 17 percent over the next five years. This subject property is situated off Highway 22, with average daily traffic counts exceeding 36,735. Adjacent to Highway 22 is Interstate 540, which brings in an additional 53,179 vehicles to the immediate area daily. Fort Smith, Arkansas Fort Smith is the main shopping destination of Western Arkansas and Eastern Oklahoma. Downtown Fort Smith offers a variety of restaurants, bakeries, retail stores, museums, and churches. The Park at West End is a retro amusement park in historic downtown Fort Smith known for its 56- foot Ferris wheel and covered arcade. Minutes away from the downtown area is Western Arkansas’ Mountain Frontier which is known for its beautiful scenery, as well as historic sites and museums.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
16883-0004-00000-00
Land Assessment
$122,840
Improvements Assessment
$172,820
Total Assessment
$295,660
  • Listing ID: 11761679

  • Date on Market: 2/28/2018

  • Last Updated:

  • Address: 7401 Rogers Ave, Fort Smith, AR 72903

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