2400 E Highland Dr, Jonesboro, AR 72401

This exceptional investment opportunity presents a fully occupied, Class B office building totaling 55,639 square feet on a 3.35-acre lot in Jonesboro, Arkansas. Located at 2400 E Highland Dr, this five-story building boasts 43,925 square feet of net rentable space, currently commanding a 100% occupancy rate and an attractive $112.06 per square foot price. The property offers a strong 8.50% capitalization rate, making it an ideal addition to any portfolio. Situated on a major Jonesboro arterial with convenient access to I-555, the building benefits from high visibility and excellent accessibility. The surrounding area is vibrant, featuring numerous national retailers and restaurants, including Walmart, Lowe's, Texas Roadhouse, Freddy's, and Kroger, ensuring high traffic and strong tenant demand. Recent improvements include a new 25-ton rooftop HVAC unit (2021), waterproofing of the glass ceiling and select windows by Roberts McNutt, updated 5th-floor restrooms (2023), and a freshly striped parking lot (2023). This prime location, coupled with its strong occupancy and recent upgrades, makes this a compelling investment opportunity with significant potential for future growth. The asking price is $6,235,000.