For Sale
$1,100,000

1432 Braden StJacksonville, AR 72076

High-Yield, 100% Occupied Multi-Tenant Property

Overview

Added:
Dec 11, 2024
Days on market:
117
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.

Highlights

  • $1,100,000 asking price for a stabilized medical office building in Jacksonville, AR.
  • 7.45% cap rate with $82,000 NOI.
  • 8,760 square feet, 100% occupied by four credit-rated tenants on modified leases.
  • Single-story building with 4.2 parking spaces per 1,000 square feet.
  • For sale by owner.

Property Details for 1432 Braden St

Property type
Office properties, Medical offices
Square Feet
8,760 SF
Buildings
1
Stories
1
Units
4

Location Insight

City
Jacksonville
County
Pulaski
State
Arkansas
Latitude
34.8727059
Longitude
-92.1259839
1432 Braden St, Jacksonville, Arkansas

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1432 Braden St
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