21118 Wade Road, Springdale, AR 72764

$2,230,000
11,998
SqFt
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List Price
$2,230,000
Status
ACTIVE
Days on Market
53
MLS#
ARKMLS-1355370
Subtype
Commercial Sale
Year Built
2023
Living Area
11,998
Acres
3.48
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479-435-4964

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 91.3% leased. All tenants operate under NNN leases with minimal landlord responsibilities. The current rent is $141,737 with 9 tenants but there is a potential rent of $154,865, if the two vacant units are filled at their listed rates. The adjusted NOI is $151,220, when considering the costs for the vacant units. The site spans 3.48 acres and sits along Highway 412 with approximately 19,000 vehicles per day.

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Additional Information

Flooring
Concrete
Heating
Electric, Propane
Air Conditioning
Electric
Roof
Metal
Foundation
Slab
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Listing courtesy of Black Diamond Mergers & Acquisitions, LLC. 479-365-4307