About This Home
This 0-bedroom, 0-bathroom commercial at 20321 and 20323 E Hwy 412 in Springdale, AR is listed for $4,753,000 ($198 per sqft). Built in 2024, the home offers 23,996 sqft of living space on a 5.00 acres lot.
Key Features
- Built in 2024
- 5.00 acre lot
- 50 parking spaces
Property Details
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.
Monthly Cost Estimate
$25,420/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
20321 and 20323 E Hwy 412
Springdale, AR 72764
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 20321 and 20323 E Hwy 412 is listed at $4,753,000 ($198/sqft). The estimated monthly payment is $25,420 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 2024, 5.00 acre lot, 50 parking spaces.
This property is listed by Christian Baldwin and can be reached at 4796855696.
