# 20321 and 20323 E Hwy 412, Springdale, AR 72764

> **TL;DR:** commercial, $4,753,000 ($198/sqft), built 2024, 23,996 sqft. Est. $25,420/mo. Listed 2 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $4,753,000 |
| Price/sqft | $198 |
| Square Feet | 23,996 |
| Year Built | 2024 |
| Lot Size | 217,800 sqft (5.00 acres) |
| Stories | 1 |
| Property Type | Commercial (Other) |
| Status | For Sale |
| Days on Market | 2 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $24,034 |
| Estimated Insurance | $1,386 |
| **Total** | **$25,420** |

## Property Highlights

- Built in 2024
- 5.00 acre lot
- 50 parking spaces

## Description

### 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.

## Location

- **Address:** 20321 and 20323 E Hwy 412, Springdale, AR 72764
- **County:** Washington
- **Coordinates:** 36.180287, -93.980411
- **Google Maps:** https://www.google.com/maps?q=36.180287,-93.980411

## Virtual Tour & Media

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

## Listing Agent

- **Name:** Christian Baldwin
- **Brokerage:** Black Diamond Mergers & Acquisitions, LLC
- **Phone:** 4796855696

## Primary Photo

![20321 and 20323 E Hwy 412 - Primary Photo](http://lh.rdcpix.com/f4a582ba3be2866e9f393e8e34c85961l-f3598065240r.jpg)

*11 total photos available on [listing page](https://www.propertysimple.ai/listing/20321-and-20323-e-hwy-412-springdale-ar-72764-26029603)*

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**MLS#:** 26029603 | **Updated:** 2026-08-02
**Source:** listhub

*Copyright © 2026 Cooperative Arkansas Realtors Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.ai/listing/20321-and-20323-e-hwy-412-springdale-ar-72764-26029603)

---

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