21118 Wade Road, Springdale, AR 72764
sale
$2,230,000
|
Other
Courtesy Of Black Diamond M & A
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.
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Property Features
- Age: 1-5 Years Old
- Building Units: 11
- Cooling System: Electric
- Floor Covering: Concrete
- Floors: 1
- Heating System: Electric (Heating)
- Heating System: Propane (Heating)
- Legal Description: PT SE SW & PT SW SE 3.48 AC FURTHER DESCRIBED IN 2021-45680 AS: A PART OF THE SE/4 OF THE SW/4 AND PART OF THE SW/4 OF THE SE/4 OF SECTION THlRTY-TWO (32), TOWNSHIP EIGHTEEN (18) NORTH, RANGE TWENTY-EIGHT (28) WEST OF THE FIFTH PRINCIPAL MERIDIAN, WASHIN
- MLSID: 1355370
- Roof Type: Metal
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