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.
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Listing Snapshot
Price
$3,650,000
Days On Site
18 Days
Bedrooms
N/A
Inside Area (SqFt)
11,876 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
3.31 Acres
Year Built
2025
MLS® Number
1335795
Status
Pending
Property Tax
N/A
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Owner
Friends & Family
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Recent Activity
2 weeks ago
Status changed to Pending
2 weeks ago
Listing updated with changes from the MLS®
3 weeks ago
Listing first seen on site
General Features
Acres
3.31
Additional Property Use
Medical/DentalOfficeRetail
Disclosures
SellersDisclosureNotAvailable
Number Of Stories
1
Parking
Parking Lot
Parking Spaces
59
Property Sub Type
Retail
SqFt Total
11876
Interior Features
Basement
None
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Exterior Features
Lot Features
City Lot
Community Features
HOA Fee Frequency
Monthly
Listing courtesy of Lane Auth of Black Diamond Mergers & Acquisitions, LLC
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