20321 and 20323 E Hwy 412, Springdale, AR 72764
20321 and 20323 E Hwy 412, Springdale, AR 72764
20321 and 20323 E Hwy 412, Springdale, AR 72764
20321 and 20323 E Hwy 412, Springdale, AR 72764
20321 and 20323 E Hwy 412, Springdale, AR 72764
20321 and 20323 E Hwy 412, Springdale, AR 72764
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Jessica Godsey

Jessica Godsey

+1(479) 752-7271
$ 4,753,000
Est. payment | /mo

23,996 SqFt

Save Virtual Tour
$ 4,753,000
Est. payment | /mo
Save Virtual Tour

23,996 SqFt

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 23,996 sqft

Price per Sqft $198

MLS Listing ID 1355414

HOA Y/N No

Year Built 2024

Lot Size 5.000 Acres

Acres 5.0

Property Sub-Type Other

Property Description

Two multi tenant NNN flex space centers in east Springdale, Arkansas are 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.

Location

State AR

County Washington

Direction Head east on Highway 412 for 6.9 miles from Butterfield Coach Road. Turn right into the parking lot as the building is on the south side of Highway 412.

Exterior

Roof Type Metal

Road Frontage Main Thoroughfare

Building

New Construction No

Others

Special Listing Condition None

Virtual Tour https://tour.nwarealtors.org/20321-and-20323-E-Hwy-412-Springdale-AR-72764/unbranded

Listed by Black Diamond Mergers & Acquisitions, LLC

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Jessica Godsey
Jessica Godsey

Broker | SAEB00089737

+1(479) 752-7271

2558 E Mission Blvd Ste 201 Fayetteville AR 72703 United States

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20321 and 20323 E Hwy 412