405 Southwest Dr - Office FOR SALE


Jonesboro, AR 72401
$967,000 USD
479-856-2233
405 Southwest Dr, Jonesboro, AR for Sale
$967,000 USD
Office - FOR SALE
1/3
null | 8% Cap Rate

405 Southwest Dr
Jonesboro, AR 72401


OVERVIEW

This fully-occupied, three-tenant retail center at 405 Southwest Dr is anchored by a solid mix of national and regional tenants with a long history of occupancy at the site. The regional restaurant tenant recently executed a long-term, absolute triple net lease renewal, reinforcing the center's stability and income durability. The property features drive-through windows on both end caps and a tall, multi-tenant pole sign fronting the highway for maximum visibility. With traffic counts of approximately 22,000 VPD on Southwest Dr and affordable in-place rents, this asset will always be attractive to future tenants seeking a high-exposure location with excellent access. This is a compelling opportunity for an investor seeking dependable, long-term income backed by proven tenant retention.

FOR SALE DETAILS

PRICE

$967,000 USD

PRICE/SF

$201 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.46 AC

LAND SF

19,998 SF

ZONING

C-1

APN/PARCEL ID

01-144302-30600

ASK ABOUT THIS PROPERTY

Jeff PedersonLindsey & Associates CommercialMore Info
479-856-2233

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Jeff PedersonLindsey & Associates CommercialMore Info
479-856-2233

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