For Sale
$2,291,100

528 Us 49Paragould, AR 72450

High-yield, single-tenant medical investment.

Overview

Added:
Dec 11, 2024
Days on market:
116
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.

Highlights

  • High-visibility location adjacent to Paragould High School.
  • Excellent visibility and access, situated between 10 Fitness and Orscheln Farm & Home.
  • Proximity to a new fire station.
  • High traffic count location with 19,000 cars per day.
  • Strong, growing brand presence.
  • Convenient Highway 49 North frontage.

Property Details for 528 Us 49

Property type
Office properties, Medical offices
Square Feet
8,414 SF
Class
A
Year Built
2022
Buildings
1
Stories
1
Lot Size (sq. ft)
54,886 SF

Location Insight

City
Paragould
County
Greene
State
Arkansas
Latitude
36.0621444
Longitude
-90.5039222
528 Us 49, Paragould, Arkansas

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528 Us 49
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