A 17,850-SF retail center near a Walmart Supercenter in Rogers recently sold for $3.3 million.
Joe and Leslie Berman of Encino, California, trustees of the Berman Family Trust, bought the development at 2212 W. Walnut St.
NO-W-ARK LLC of Missouri, led by Jud Heflin, was the seller.
Chambers Bank of Danville provided financing with a seven-year mortgage of $3.32 million.
Steve Fineberg of Steve Fineberg & Associates Inc. of Bentonville was the listing broker.
Jordan Jeter with Flake & Kelley Commercial Northwest of Springdale represented the buyer.
City Title & Closing LLC of Fayetteville was the closing agent.
The single-story building was built in 2003 on 1.65 acres and appraised in 2012 for $1.3 million.
Heflin bought the land in November 2002 for $625,000.
The retail center is... [ MORE ]