32 Southpointe Dr - Office FOR SALE


Paragould, AR 72450
$850,000 USD
870-336-8000
32 Southpointe Dr, Paragould, AR for Sale
$850,000 USD
Office - FOR SALE
1/7
null | 7.58% Cap Rate

32 Southpointe Dr
Paragould, AR 72450


HIGHLIGHTS

  • Single Tenant Property
  • Newer construction all brick facility
  • Significant exposure to 29,000+ CPD
  • Surrounded by rapid residential & commercial growth
  • High quality tenant
  • Global Tenant

OVERVIEW

Acrisure is a leader globally in the insurance industry. They have a presence in more than 21 countries, with 17,000+ employees, and revenues approaching $5Billion. This office building features attractive brick construction and is conveniently located next to the Paragould Community Center, Water Park, and Parks and Recreation facility. Situated in a quiet professional office and medical development, the property benefits from high visibility at the intersection of HWY 49 and the new HWY 412 bypass. With traffic counts of approximately 25,000 vehicles per day on HWY 49 and 4,100 on HWY 412, this location offers excellent exposure. Located in south Paragould, the area is experiencing significant growth, with the market and real estate poised for continued meaningful development.

FOR SALE DETAILS

PRICE

$850,000 USD

PRICE/SF

$269 USD /SF

CAP RATE

7.58%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Great Tenant Credit Investment - Acrisure Ins

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.48 AC

LAND SF

20,909 SF

ZONING

-

APN/PARCEL ID

1612-00003-000

ASK ABOUT THIS PROPERTY

Nathan EllerHaag Brown CommercialMore Info
870-336-8000

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Nathan EllerHaag Brown CommercialMore Info
870-336-8000

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.