21118 Wade Road Springdale, AR 72764
PRICED AT $2,230,000
Listing Details
- $2,230,000
- MLS# 26029595
- Type Commercial - Business
- Status Active
- 11,998 Square Feet
- 3.480 acres Lot Size
- 2023 Year Built
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.
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