Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
2025
Sq.Footage
11,876
A newly built NNN retail center in Elkins, Arkansas is available for acquisition. The property totals 11,876 square feet and is currently 90.79% leased, with two small suites available for easy lease up. All tenants operate under NNN leases with minimal landlord responsibilities. The current rent is $240,060 with 9 tenants but there is a potential rent of $269,772 if the 2 vacant units are filled at their listed rates. The adjusted NOI is $251,967 when considering the most recent vacancy rate. The site spans 3.31 acres, includes 59 parking spaces, and sits along Highway 16 with approximately 13,000 vehicles per day.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Basement YN
NO
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Parking
Parking Lot
-
Pool
No
Area & Lot
-
Lot Features
City Lot
-
Lot Size(acres)
3.31
-
Property Type
Commercial Sale
-
Property Sub Type
Retail
Price
-
Sales Price
$3,650,000
-
Sq. Footage
11, 876
-
Price/SqFt
$307
HOA
-
Association
Yes
-
Association Fee 2 Frequency
Monthly
-
Association Fee Includes
N/A
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
1
-
Tax Lot
N/A
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Location
County
Washington
Elementary School
Middle School
High School
Listing Courtesy of Lane Auth , Black Diamond Mergers & Acquisitions, LLC
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REALTORĀ®
Loyd Miller
Call Loyd today to schedule a private showing.
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