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CommercialActive
20321 and 20323 E Hwy 412
Springdale, AR 72764 · MLS 1355414
Property details
- Price
- $4,753,000
- Square feet
- 23,996
- Lot size
- 5 acres
- Year built
- 2024
- Type
- Commercial
- Status
- Active
- Days on market
- 74
- County
- Washington
- MLS number
- 1355414
About this property
Two multi tenant NNN flex space centers in east Springdale, Arkansas are available for acquisition. The two buildings each total 11,998 square feet (23,996 SF in total) and combined are currently 84% leased, with four suites available for lease up. All tenants operate under NNN leases with minimal landlord responsibilities. The current rent is $279,660 with 19 tenants but there is a potential rent of $333,660, if the 4 vacant units are filled at their listed rates. The adjusted NOI is $320,844, when considering the vacant units. The site spans 5 acres and sits along Highway 412 with approximately 19,000 vehicles per day.
Location
Features
- Roof
- Metal