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2500 Alexander Drive - Christian Creek Commons - Christian Creek Commons, Jonesboro, AR

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2500 Alexander Drive - Christian Creek Commons - Christian Creek Commons

Jonesboro, AR 72401

Property Type:Retail Sub Type:- Status:Existing Year Built:2009
Building Size:11,810 SF Land Area:7.47 AC (325,393 SF)
For Sale Price:$1,825,500 Price/SF:$154.57
Cap Rate:8.25 %
Parking:Free Surface spaces are available; Ratio of 5.75/1,000 SF
Features:Pylon Sign, Signage

Sale Notes:
Christian Creek is a newly constructed business office park located along I-555 across the interstate from a large Wal-Mart Super Center. Not only does the development offer elegant class A office space, but is set in a quite wooded environment with excellent highway visibility.

This 11,810 square foot building sits at the front of the office park. The building is fully leased to six office or retail tenants, making it ideal for an investor searching for a class A office building investment in Jonesboro, AR.

The Landlord is responsible for Real Estate Taxes, Insurance, and their share of the CAM. The gross income on this property is $177,480/yr with an NOI of $164,290/yr.

Haag Brown Commercial
Josh Brown
(870) 336-8000

Nathan Eller
(870) 336-8000

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