1325 S Division Street Blytheville, AR 72315
- Added:
- Jan 29, 2025
- Days on Market:
- 432
- Last Refresh:
- Mar 16 at 9:06 am
Property Features for 1325 S Division Street
General Information
- Standard status
- Active
- Property type
- Other office properties, Office buildings, Office Units, Office properties & Spaces
- Size
- 5,038 SF
- Elevators
- N/A
- Lot size
- 2.50 Acres
- Investment Type
- Net Lease
- Net Operating Income
- $121,232
Building Details
- Year Built
- 2019
- Buildings
- 1
- Stories
- 1
Listing agent Ed (619) 546-0121
Listing office (619) 546-0121
Listing date Jan 29, 2025
Overview
Blytheville Office Building Investment Opportunity
This 5,038 square foot office building is located on 2.5 acres in Blytheville, Arkansas. The property is currently occupied by the Social Security Administration (SSA) under a 15-year modified gross lease, with a 10-year firm term. The SSA reimburses the landlord for most NNN expenses. In 2019, the building underwent a complete remodel and a 1,000 square foot expansion, including a partial roof replacement. Tenant improvements totaled $367,762. The property offers an attractive return on investment with an "Aaa" rated government tenant and minimal landlord expenses. The net operating income is $121,232. The property is located in Northeast Arkansas, bordering Tennessee, Missouri, Kentucky, and Mississippi, and is in proximity to Memphis (one hour) and Little Rock (under three hours).
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Office properties & Spaces
Location Insight
- Map
- Local Demand
- City
- Blytheville
- County
- Mississippi
- State
- Arkansas
- Longitude
- -89.919318
- Latitude
- 35.910529
Nearby Similar for Sale
FAQs
What type of property is this?
Office property - Social Security Administration
Where is this office property located?
The property is located at 1325 S Division Street Blytheville, AR.
What is the asking price?
The asking price for this property is $1,796,000.
What are key features of this property?
This property features: Brand New 15‑Year Lease Extension (10‑Year Firm Term) With Minimal Landlord Responsibilities; In 2019, the United States Government signed a brand‑new long‑term lease extension showing their commitment to this location.; Modified gross lease with annual Operating Costs reimbursement adjustments. Very minimal, if any, expenses pass through to Landlord.
