209 E WADE AVENUE Mountain Home, AR

INVESTORS SPECIAL! New 3-yr tenant in place with option to renew. 8% CAP rate at asking price. New lease effective 1/1/24. 3% annual increases in rent. Rent $3,000/mo wit annual operating expenses of $5,573.54. Zoned I-1 Industrial with commercial potential. 5,104 SF +/- former cross dock distribution building. Approx. 1,040 SF of built out office area consisting of 6 offices Ware house area is 4,064 SF +/-. 12 dock doors 10x10 with ceiling height of 10.5’. 21’ column spacing down the middle. Restroom in front office and in shop area. Fenced storage area outside. Metal roof. Property shown in flood zone area A at 436’ but building is elevated and is out of flood zone according to surveyor/survey attached at 342.2’. 24 hour notice requested prior to all showings and listing agent will need to be present.