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Listed price in listed location currency (USD).
$4,753,000

000

MLS® 1355414

Overview

Key Facts

Type Other
Levels Commercial Sale
Size 23996 sqft
Garage No
Maintenance Fees 
Taxes 
Days Active 1
Approx. Age 2024
Avg. Price Per Sqft $198
MLS® Number 1355414

Property Address: 20321 and 20323 E Hwy 412, Springdale, AR, 72764

Average square foot calculated using Size range provided by listing agent.

Description

Two multi tenant NNN flex space centers in east Springdale, Arkansas is available for acquisition. The two buildings each total 11, 998 square feet (23, 996 SF in total) and combined are currently 84% leased, with four suites available for lease up. All tenants operate under NNN leases with minimal landlord responsibilities. The current rent is $279, 660 with 19 tenants but there is a potential rent of $333, 660, if the 4 vacant units are filled at their listed rates. The adjusted NOI is $320, 844, when considering the vacant units. The site spans 5 acres and sits along Highway 412 with approximately 19, 000 vehicles per day.
MLS® Number1355414
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age2024
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C

Extras

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