Stacey Russell
REALTOR®
SQUARE FEET11,998
MLS#26029595
STATUSActive
PROPERTY TYPECommercial - Business
NEIGHBORHOODSPRINGDALE
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 79% leased, with one 2,400 SF suite available for lease up. All tenants operate under NNN leases with minimal landlord responsibilities. The current rent is $127,728 with 10 tenants but there is a potential rent of $159,408, if the vacant unit is filled at their listed rates. The adjusted NOI is $150,653, when considering the vacant unit. The site spans 3.48 acres and sits along Highway 412 with approximately 19,000 vehicles per day.
Property Features
Property Type: Commercial - Business
Lot Size: 3.48 Acres
Stories: 1.0
Taxes: $7,986
Year Built: 2023
Feature Descriptions
Lot Dimensions: 3.48 acre(s)
Listed By / Shown By
Listed By
Agency Name: Black Diamond Mergers & Acquisitions, LLC
Agency Phone: 479-365-4307
Shown By
Agent Name: Stacey Russell
Agent Phone: (501) 516-2276
Agency Title: Crye-Leike Real Estate Services
Source: Arkansas MLS
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21118 Wade Road | MLS# 26029595
This commercial property located at 21118 Wade Road, Springdale, AR 72764 is currently listed for sale with an asking price of $2,230,000. Search Springdale real estate on staceyrussell.crye-leike.com today.