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1403 S Division St
Blytheville, AR 72315
United States Government - SSA · Office Property For Sale
Investment Highlights
- Single Credit Tenant – United States Government Lease - U.S. Social Security Administration (SSA), AAA (Moody’s) Credit Rating
- Extensive $350,000 Remodel in 2023/2024
- Going in Capitalization Rate of 9.16% with a Pro-Forma Capitalization Rate of 8.14%
- Built-to-Suit, Single Tenant Facility in 2003 for the U.S. Social Security Administration
- Renewed 2nd Generation 15-Year Lease with 10-Years Firm Term with an Effective Date of January 7, 2019
Property Facts
Property Type
Office
Property Subtype
Building Size
5,038 SF
Building Class
B
Year Built/Renovated
2003/2020
Tenancy
Single
Building Height
1 Story
Typical Floor Size
5,038 SF
Building FAR
0.05
Lot Size
2.50 AC
Parking
24 Spaces (4.76 Spaces per 1,000 SF Leased)
Amenities
- Signage
- Reception
- Air Conditioning
Property Taxes
| Parcel Number | 305-00457-002 | Improvements Assessment | $70,672 |
| Land Assessment | $43,560 | Total Assessment | $114,232 |
Property Taxes
Parcel Number
305-00457-002
Land Assessment
$43,560
Improvements Assessment
$70,672
Total Assessment
$114,232
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