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 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 its listed rate. 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.
Address
Address:
2118 Wade Road, Springdale, AR, USA
- Province / State: Arkansas
- City / Town: Springdale
- 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