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$ 4,753,000
Est. payment | /mo
23,996 SqFt
$ 4,753,000
Est. payment | /mo
23,996 SqFt
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 23,996 sqft
Price per Sqft $198
MLS Listing ID 26029603
Year Built 2024
Lot Size 5.000 Acres
Acres 5.0
Property Sub-Type Investment
Property Description
Two multi tenant NNN flex space centers in east Springdale, Arkansas is 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
State AR
County Washington
Area Springdale
Exterior
Garage Spaces 50.0
Building
New Construction No
Listed by Black Diamond Mergers & Acquisitions, LLC • Christian R Baldwin
Nearby Locations
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