528 Us 49 Paragould, AR 72450
- Office Properties & Spaces
- 8,414 SF
- 1.26 lot acres
Current Use by Public Records
- Office Properties & Spaces
Property Details for 528 Us 49
- Year built
- 2022
- Lot size
- 1.26 lot acres
- Property size
- 8,414 SF
- Property type
- Office Properties & Spaces
- Property subtype
- Medical offices
Description
This exceptional investment opportunity presents a brand-new, 8,414-square-foot Class A medical office building in Paragould, Arkansas. Located at 528 US 49, this single-tenant property boasts a 10-year net lease (NN+) with a strong, expanding tenant, ArKids, providing a stable and predictable income stream. The building, constructed in 2022, enjoys 100% occupancy and generates a substantial net operating income (NOI) of $154,649, representing a 6.75% cap rate. The asking price is $2,291,100, or $272.30 per square foot. Situated on a 1.26-acre lot, the property benefits from high visibility and convenient access to Highway 49 North, ensuring excellent exposure to a significant daily traffic count of 19,000 vehicles. Its strategic location is further enhanced by its proximity to Paragould High School, a new fire station, Orscheln Farm & Home, and 10 Fitness, creating a vibrant and desirable commercial environment. The lease is personally guaranteed, adding an extra layer of security for the investor. This is a low-management, high-return investment ideal for those seeking a stable and growing asset in a prime location. The property offers a compelling combination of strong tenancy, favorable lease terms, and a prime location within a thriving community.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Paragould
- County
- Greene
- State
- Arkansas
- Longitude
- -90.5039
- Latitude
- 36.0621
