Property summary
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.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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