2420 Linwood Dr Paragould, AR 72450

This exceptional 12,720 square foot office building in Paragould, Arkansas, is currently 100% occupied by two tenants: the Department of Veterans Affairs and Life Strategies Counseling, Inc. The property boasts a strong financial performance, with a Net Operating Income (NOI) of $216,931 and a 7.00% cap rate. Built in 2010, this single-story building sits on a 1.46-acre lot and features ample parking. The tenants are secured by a corporate guarantee and credit rating, providing financial stability. The current lease is a gross lease with a remaining term of five years. The asking price is $3,099,011, translating to $243.63 per square foot. The property's prime location, adjacent to a Walmart Neighborhood Market and at a signalized intersection, ensures high visibility and accessibility. This presents a compelling investment opportunity for buyers seeking a stabilized, high-performing asset in a desirable location. The property's strong tenant base, coupled with its strategic location and financial performance, makes it an attractive addition to any investment portfolio. The address is 2420 Linwood Dr, Paragould, AR 72450.