209 Wade Ave Mountain Home, AR 72653

This exceptional value-add industrial property, located at 209 E Wade Ave, Mountain Home, AR 72653, presents a compelling investment opportunity. The 5,104 square foot building, situated on a 1.81-acre lot zoned I-1, boasts a strong 8.01% cap rate at the asking price of $380,000 ($74.45/sq ft). A new 3-year lease commenced January 1st, 2024, and includes a 3% annual rent increase, generating a current NOI of $30,426. The property features 11 dock-high doors (10' x 10'), one drive-in door with a concrete ramp, and 12 loading docks. The building offers approximately 1,040 square feet of finished office space and over 4,064 square feet of warehouse space, with 21' column spacing and 10.5' ceiling height. The property is fully fenced with two gates and benefits from a clean state letter confirming the removal of underground storage tanks (USTs). The building is classified as Class C and functions as a distribution, flex, and refrigerated/cold storage facility. The lease term expires December 31st, 2026, offering a remaining lease term of approximately 2.1 years. This property is ideal for investors seeking a strong return on investment in a well-located industrial asset. The property's former use as a cross-dock facility adds to its versatility.