528 Us 49Paragould, AR 72450

Property Details for 528 Us 49

Year built

2022

Lot size

1.26 AC

Property size (Sq ft)

8,414 SF

Property type

Healthcare properties

Property subtype

Other office properties

Description

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.

Location Insight

City

Paragould

County

Greene

State

Arkansas

Latitude

36.0621

Longitude

-90.5039

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