1432 Braden St Jacksonville, AR 72076
- Medical offices
- 9,009 SF
- 0.73 lot acres
Current Use by Public Records
- Ideal Option / Addiction Treatment Center
- Dr. Jim M. Ingram, MD / Pediatrician
- Jacksonville Allergy & Asthma: Scheer Blake G MD / Internist
- Hospital Helipad / Heliport
- Always Wright Salon & Suites / Beauty Salon
Property Details for 1432 Braden St
- Year built
- 1969
- Lot size
- 0.73 lot acres
- Property size
- 9,009 SF
- Property type
- Medical offices
- Property subtype
- Medical centers
- APN
- 22J-011-09-002-00
- APU
- 22J0110900200
Description
This exceptional 8,760 square foot medical office building in Jacksonville, Arkansas, presents a compelling investment opportunity. Located at 1432 Braden St, 72076, this single-story building boasts 100% occupancy with four credit-rated tenants under a modified lease structure, ensuring a stable income stream. The property generates a strong net operating income (NOI) of $82,000, translating to an attractive 7.45% capitalization rate. The asking price is $1,100,000. Features include ample parking (4.2 spaces per 1,000 sq ft), convenient stairwell access, and a top-rated anchor tenant. The building is situated adjacent to a local hospital, providing excellent visibility and accessibility. Rent bumps are included in the lease agreements, offering potential for future income growth. This stabilized investment is ideal for those seeking a secure and profitable addition to their portfolio. The property is for sale by owner. All tenants are credit rated, and the building is in Pulaski County.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $420,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $405,000
- 6.5%
- $380,000
- 7%
- $405,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $465,000
- Geo Method
- $405,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $315,000
- Retail
- $315,000
- Mixed-Use
- $335,000
- Hospitality
- $335,000
- Educational
- $350,000
- Residential Income
- $365,000
- Energy
- $320,000
- Income-Based Land
- $385,000
- Food Service
- $320,000
Location Insight
- Map
- Local Demand
- City
- Jacksonville
- County
- Pulaski
- State
- Arkansas
- Longitude
- -92.1261
- Latitude
- 34.8728
- CBSA code
- 30780
- CBSA name
- LITTLE ROCK-NORTH LITTLE ROCK, AR METROPOLITAN STATISTICAL AREA
