1325 S Division St Blytheville, AR
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Single-tenant, government-leased property with long-term lease and minimal landlord responsibilities.
Type:OFFICE
Property size:
5,038 SFLot size:
2.50 AcresPrice / SF:
$356/SF- Added:
- Apr 10, 2024
- Days on Market:
- 751
- Last Refresh:
- Apr 5 at 10:37 pm
Property Features for 1325 S Division St
General Information
- Standard status
- Active
- Size
- 5,038 SF
- Lot size
- 2.50 Acres
- Property subtype
- OFFICE
Listing agent Ed Colson, Jr. CCIM
Listing office InvestCore Commercial, Inc. (619) 546-0121
Listing date Apr 10, 2024
Source Moodyscre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of InvestCore Commercial, Inc.
Overview
Government Leased Investment Property
This property features a brand-new 15-year lease extension, with a 10-year firm term, occupied by a single tenant, the United States Government. The lease is a modified gross lease with annual operating costs reimbursement adjustments, resulting in minimal expenses for the landlord. The tenant's Moody's rating is "AAA". The property offers an attractive return over the 10-year treasury yield at 1.88%, while the property appreciates in value. The United States Government signed a long-term lease extension in 2019, demonstrating their commitment to the location. The property is 5038 square feet.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Office buildings
Location Insight
- Map
- Local Demand
- City
- Blytheville
- County
- Mississippi
- State
- Arkansas
- Longitude
- -89.9192
- Latitude
- 35.9114
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FAQs
What type of property is this?
Office building - Single-tenant, government-leased property with long-term lease and minimal landlord responsibilities.
Where is this office building located?
The property is located at 1325 S Division St 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: Investment‑grade tenant (United States Government, Moody's rating "AAA") provides ultimate security.; Brand new 15‑year lease extension (10‑year firm term) ensures long‑term stable income.; Minimal landlord responsibilities due to modified gross lease with operating cost reimbursements.
