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$ 2,230,000
Est. payment /mo
Active
21118 Wade Road Springdale, AR 72764
11,998 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 11,998 sqft
Price per Sqft $185
MLS Listing ID 26029595
Year Built 2023
Lot Size 3.480 Acres
Acres 3.48
Property Sub-Type Investment
Property Description
A multi tenant NNN flex space center in east Springdale, Arkansas is available for acquisition. The property totals 11,998 square feet and is currently 79% leased, with one 2,400 SF suite available for lease up. All tenants operate under NNN leases with minimal landlord responsibilities. The current rent is $127,728 with 10 tenants but there is a potential rent of $159,408, if the vacant unit is filled at their listed rates. The adjusted NOI is $150,653, when considering the vacant unit. The site spans 3.48 acres and sits along Highway 412 with approximately 19,000 vehicles per day.
Location
State AR
County Washington
Area Springdale
Exterior
Garage Spaces 30.0
Building
New Construction No
Listed by Black Diamond Mergers & Acquisitions, LLC • Christian R Baldwin
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