Multi Tenant Flex Space Property in Northwest Arkansas

$2,230,000
For Sale

9669

Property ID

11,998 SqFt

Size

Description

A multi tenant NNN flex space center in east Springdale, Arkansas is available for acquisition. The property totals 11,998 SF 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.

Address

  • Address Wade Rd, Arkansas 72764, USA
  • Province/State
  • Postal code/ZIP 72764
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Overview

  • Property ID 9669
  • Price $2,230,000
  • Property Type
  • Property status
  • Year Built 2023
  • Size 11,998 SqFt
  • Land area 3.48 Acres
  • Number of Units 11

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Contact

Christian Baldwin

Property Seller
479-365-4307
christian@blackdiamondma.com
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