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: Arkansas
- Postal code / ZIP: 72764
- Property ID 9669
- Price $2,230,000
- Property Type Flex
- Property status For Sale
- Year Built 2023
- Size 11,998 SqFt
- Land area 3.00.48 Acres
- Number of Units 11