21118 Wade Rd, Springdale, AR 72764
$2,230,000
Est. payment /mo
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11,998 SqFt
Active

21118 Wade Rd Springdale, AR 72764

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Brandi Mallard

Brandi Mallard

+1(479) 721-8599

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Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 11,998 sqft

Price per Sqft $185

MLS Listing ID 1355370

HOA Y/N No

Year Built 2023

Lot Size 3.480 Acres

Acres 3.48

Property Sub-Type Other

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 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.

Location

State AR

County Washington

Direction Head east on Highway 412 for 6.5 miles from Butterfield Coach Road. Turn right onto Wade Road and then turn left into the parking lot after 400 feet as the building is on the south side of Highway 412.

Interior

Heating Electric, Propane

Cooling Electric

Flooring Concrete

Exterior

Utilities Available Electricity Available, Propane, Septic Available, Water Available

Roof Type Metal

Road Frontage Main Thoroughfare

Building

Foundation Slab

Sewer Septic Tank

Water Public

New Construction No

Others

Special Listing Condition None

Listed by Black Diamond Mergers & Acquisitions, LLC

NEARBY SCHOOL & BUSINESS

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Brandi Mallard

Brandi Mallard

Executive Broker | License ID: EB00082814

+1(479) 721-8599

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21118 Wade Rd