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CommercialActive
21118 Wade Road
Springdale, AR 72764 · MLS 1355370
Property details
- Price
- $2,230,000
- Square feet
- 11,998
- Lot size
- 3.48 acres
- Year built
- 2023
- Type
- Commercial
- Status
- Active
- Days on market
- 74
- County
- Washington
- MLS number
- 1355370
About this property
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.
Location
Features
- Flooring
- Concrete
- Utilities
- Electricity available, Propane, Septic available, Water available
- Roof
- Metal