1432 Braden StJacksonville, AR 72076

For Sale
$1,100,000 View listing
  • Medical offices
  • 9,009 SF

Property Details for 1432 Braden St

Year built
1969
Lot size
0.73 AC
Property size (Sq ft)
9,009 SF
Property type
Medical offices
Property subtype
Medical centers
APN
22J-011-09-002-00
APU
22J0110900200

Description

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.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,431,987
    6.5%
    $1,321,834
    7%
    $1,227,417
  • Comparable approach

    Method
    Valuation
    Relative Method
    $644,414
    Geo Method
    $644,414
  • Alternative Use

    Use
    Valuation
    Residential
    $1,639,074
    Hospitality
    $1,501,383
    Educational
    $1,249,133
    Medical
    $1,292,093
    Retail
    $1,943,096
1432 Braden St, Jacksonville, Arkansas

Location Insight

City
Jacksonville
County
Pulaski
State
Arkansas
Latitude
34.8728
Longitude
-92.1261
CBSA code
30780
CBSA name
LITTLE ROCK-NORTH LITTLE ROCK, AR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$4,959
$26,833
$65,347
$92,180
-
$134,165
$326,735
$460,900

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].