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… Read More 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. Read Less
Courtesy of Lane Auth, Black Diamond Mergers & Acquisitions, LLC 479-365-4307
Listing Snapshot
Days Online
1
Last Updated
Property Type
Retail
Square Ft.
11,876
Lot Size
3.31 Acres
Year Built
2025
MLS Number
1335795
30 Days Snapshot Of 72701
$437k
-44%
(avg) sold price
37
+5%
homes sold
65
+3%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road frontage type: MainThoroughfare
Basement
None
Building
Built in 2025, 1 total story, Toal building area: 11876
Lot
3.31 acres, Wooded area: 0, CityLot
Parking
59 total parkings, ParkingLot
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